SSC Security Services Corp

SSC Security Services Corp maintains a strong liquidity position, with a current ratio of 3.41 and cash and equivalents amounting to CAD 14,096,890. The company's price-to-book ratio is 1.18, indicating a relatively modest premium over its book value. The company's capital structure is supported by a low debt-to-equity ratio of 0.03, suggesting minimal leverage and a conservative approach to financing.

In terms of profitability, the company's return on equity is 0.98%, and its return on assets is 0.78%, both of which are below the typical thresholds for high-performing firms in the industrial services sector. The company's operating income of CAD 1,078,070 and net income of CAD 649,660 reflect a relatively modest profit margin, which may indicate challenges in maintaining high margins in a competitive market.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification could expose the company to regional economic fluctuations and market-specific risks. The absence of detailed segment reporting limits the ability to assess the performance of different parts of the business.

SSC Security Services Corp's growth trajectory is constrained by its current financial performance. The company's revenue of CAD 30,402,270 and free cash flow of CAD 790,730 suggest a stable but not rapidly growing business. The company's capital expenditure of CAD -664,450 indicates a reduction in investment, which may affect long-term growth potential.

The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The low dilution risk is supported by the absence of significant share issuance activity and the alignment of basic and diluted shares outstanding. The company's conservative capital structure and strong liquidity position further mitigate financial risks.

Recent events and filings do not indicate any significant changes in the company's operations or financial strategy. The company's financial statements and disclosures are consistent with a stable but not dynamic business environment. The absence of recent major events or strategic shifts suggests a focus on maintaining current operations rather than pursuing aggressive growth.

Revenue grew at a 59.8% compound annual rate over four years, demonstrating strong top-line expansion.

The company generated positive free cash flow of CAD 1.1 million in fiscal 2024, improving from prior deficits.

Risk flags for dilution, liquidity, and credit are all rated low, suggesting minimal immediate financial distress.

Gross profit reached CAD 19.2 million in 2024, showing the ability to generate significant gross margins on revenue.

Return on equity of 0.98% sits in the bottom quartile of the business support services cohort.

Revenue C$120.6M, +10,6% YoY; Operating income +664,3% YoY.

• ▍Revenue C$120.6M, +10,6% YoY
• ▍Operating income +664,3% YoY
• ▍Net income +583,6% YoY
• ▍Free cash flow +1 084,7% YoY
• ▍Net margin 0.5%

Revenue C$109.1M, +119,4% YoY; Operating income +111,0% YoY.

• ▍Revenue C$109.1M, +119,4% YoY
• ▍Operating income +111,0% YoY
• ▍Net income +108,9% YoY
• ▍Free cash flow +103,5% YoY
• ▍Net margin 0.1%

Revenue C$49.7M, +171,4% YoY; Operating income −150,7% YoY.

• ▍Revenue C$49.7M, +171,4% YoY
• ▍Operating income −150,7% YoY
• ▍Net income −152,0% YoY
• ▍Free cash flow −118,1% YoY
• ▍Net margin -2.0%

Revenue C$18.3M; Operating income C$2.6M.

• ▍Revenue C$18.3M
• ▍Operating income C$2.6M
• ▍Net margin 10.3%