Impact Development Group Inc
TTSXV:IMPT0.01
CAD
+0.00
(-33.33%)
ISIN
CA45259H1055
CUSIP
45259H105
Return %
Stock
S&P 500
1Y
-96.00
14.20
3Y
-99.23
81.12
5Y
-99.69
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Thomas B. Wenz
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Toronto Canada
- IPO Date
- Aug 26, 2021
- Website
- impactdevgroup.com
- Similar Companies
- Business
- Impact Development Group Inc. is a vertically integrated real estate development, construction management, and property technology company. Founded in 2017 through its primary operating subsidiary and headquartered in Toronto, Canada, with primary operations in Panama City, Panama, the company specializes in the development, construction, and management of affordable and workforce housing communities, as well as the provision of compliance and asset management software solutions across Central and North America. The company operates through four principal business segments: Residential Development, Construction and Engineering Services, Property Management and Administration, and Software Solutions. Its core products and service offerings include the development of master-planned residential subdivisions, single-family social interest dwellings, and multi-family housing projects targeting middle- and entry-level income brackets; comprehensive land acquisition, site selection, zoning, and urban planning; in-house architectural design, civil engineering, and structural drafting; general contracting, site development, civil infrastructure installation, and off-site modular manufacturing; turnkey project administration, sales distribution, and customer financing coordination under national housing subsidy frameworks; ongoing property management, community maintenance, and homeowners association administrative services; and enterprise technology solutions via the proprietary Fusion Software platform, which provides compliance tracking, document automation, and portfolio reporting tools engineered for developers, asset managers, and syndicators operating within the United States Low-Income Housing Tax Credit (LIHTC) market. In recent corporate developments, the company completed a qualifying transaction and reverse takeover of Impact Housing Corporation in December 2023, subsequently changing its corporate name from Yubba Capital Corp. to Impact Development Group Inc. and listing on the TSX Venture Exchange under the ticker IMPT. In October 2024, the company executed a strategic geographic and operational expansion into the United States through the acquisition of Fusion Software, LLC, integrating specialized LIHTC compliance software into its development ecosystem. In response to policy reviews of social housing subsidy programs administered by Panama's Ministry of Housing and Land Management (MIVIOT), the company broadened its project pipeline to include non-subsidized middle-market residential and commercial developments. Additionally, the company restructured and consolidated its credit facilities and debenture obligations through restated debt agreements and implemented semi-annual financial reporting protocols to enhance balance sheet resilience and corporate governance.