Articles from Flow Capital Corp.

TORONTO, March 11, 2025 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital”), a leading provider of flexible growth capital and alternative debt solutions, announces a third follow-on investment of US$1.675 million in MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”), an existing portfolio company.

TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital”) has announced the issuance of 100,000 new Performance Stock Units (PSU's) to certain officers of the Company under its omnibus long term incentive plan.  The PSU's will vest upon the attainment of certain performance criteria including certain levels of share price and certain levels of free cash flow.

TORONTO, ON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce the appointment of Brian Beattie to its Board of Directors.

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital”), a leading provider of flexible growth capital and alternative debt solutions, announces a follow-on senior note in an existing portfolio company, TVision Insights Inc. (“TVision” or the “Company”), a market leader in media measurement.

TORONTO, ON, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company"), announces today its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the “TSXV”) to repurchase, for cancellation, up to 2,289,547 common shares of the Company, representing approximately 10% of the Company’s “public float”, being the common shares of the Company held by non-insiders of the Company (the “NCIB”). The NCIB remains subject to the final approval of the TSXV.

Loan Interest Revenue up 46% year-over-year.

TORONTO, ON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (“Flow Capital”), a leading provider of flexible growth capital solutions, is pleased to announce the final payment of C$1.48M related to a legacy investment. 

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company"), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with TBK Bank, SSB (“Triumph”), for a revolving committed credit facility in the principal amount of up to US$15 million.

Recurring revenue up 28.5% year over year.

TORONTO, July 29, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW), a leading provider of growth venture debt, is pleased to announce the closing of a US$4.0M senior secured loan to a US-based audience measurement provider. 

TORONTO, ON, July 03, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital, is pleased to announce the closure of a US$5.0M senior note investment in a US-based tech-enabled marketplace of flexible co-living spaces, with a first tranche advance of US$3.0M.

TORONTO, June 19, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce that its portfolio company, Wirkn, has been acquired by JobGet, the fastest-growing app-first hiring platform for hourly workers across the US and Canada.

26.4% IRR since inception; $67.6 million deployed

Recurring revenue up 16.4% year over year.

TORONTO, ON, May 15, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce the successful closure of a US$4.0 million senior note investment in GetTattle Inc. dba Tattle (“Tattle”), a global Customer Experience Improvement (“CXI”) software-as-a-service (“SaaS”) platform focused primarily on the restaurant and hospitality sector. 

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) ("Flow Capital"), a leading provider of flexible growth capital solutions, is pleased to announce the full repayment of a USD 4.5 million investment in an environmental solutions provider.

Flow Capital reports record recurring revenue of $1.65 million in Q4.

TORONTO, ON, April 10, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital”), a leading provider of flexible growth capital and alternative debt solutions, announces a follow-on investment in an existing portfolio company, MiniLuxe Holding Corp. (TSXV:MNLX) (“MiniLuxe” or the “Company”).

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce the successful closure of a C$2.15M senior note to a Canadian fintech SaaS company, with a first tranche advance of C$1.5M.

TORONTO, ON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce the successful closure of a C$5.25M senior note in CrowdProperty Limited (“CrowdProperty”), a premier marketplace lending software platform company that bridges the gap between capital providers, including individuals and institutions, and real estate developers in the UK.

TORONTO, ON, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces the repayment of its US$6,000,000 (C$7,935,600) investment in Echobox Ltd. (“Echobox”).

Book Value of $1.20 per share; up 26% over the past four-quarters.

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) announces today its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the "TSXV") to repurchase, for cancellation, up to 2,440,774 common shares of the Company, representing approximately 10% of the Company's "public float", being the common shares of the Company held by non-insiders of the Company (the "NCIB"). The NCIB remains subject to the final approval of the TSXV.

- Financial Results to be released after markets close on Tuesday November 21, 2023 -

TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce that it has closed a US$2M investment in a venture capital-backed leading innovator within the field of cybersecurity.

TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has closed a US$2.5M investment in a women-led software and data company in the civic space.

TORONTO, ON, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that the Company’s board of directors has declared a cash dividend of $0.0696 per Series A Preferred Shares (the “Preferred Shares”), payable on October 16, 2023, to holders of record of Preferred Shares as at September 30, 2023. The Dividend represents the dividend payable on the Preferred Shares for the period from July 1, 2023 to September 30, 2023.

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” and “Company”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce that it has completed a second tranche of its previously disclosed non-convertible loan transaction in the principal amount of C$3.015 million (the “Loans”). The Loans will be evidenced by unsecured, non-convertible debentures (the “Debentures”) issued by the Company to the Lenders pursuant to the terms of a debenture indenture entered between the Company and Olympia Trust Company, as debenture trustee. The Company closed an initial tranche of loans on August 1, 2023 with lenders advancing an aggregate amount of C$17.9 million. Additional details regarding the terms of the Loans can be found in the Company's press release issued on August 2, 2023.

Book Value of $1.18 per share; up 29% over the past four-quarters.

TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has redeemed all outstanding units in Flow Priority Return Fund II LP (the “PRF II”).

TORONTO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has closed an investment in a VC backed, woman led, B2C company in the sleep wellness space.

TORONTO, ON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has entered into a loan transaction with certain third party lenders pursuant to which the lenders will advance the aggregate amount of C$17.9 million to the Company (the "Loans"). The Loans will be evidenced by unsecured, non-convertible debentures (the "Debentures") issued by the Company to the Lenders pursuant to the terms of a debenture indenture entered into between the Company and Olympia Trust Company, as debenture trustee.

TORONTO, June 27, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has closed an investment in Wrisk Limited (“Wrisk”), a B2B2C insurtech provider with a current focus on the motor insurance space. Wrisk offers an embedded white-labeled insurance platform to enterprise customers for pricing, distributing, and managing insurance products.

$46 million invested; IRR of over 30%

Book Value of $1.23 per share; up 50% over the past four-quarters

TORONTO, April 24, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces the early repayment of its investment in KOVO HealthTech Corporation (“KOVO”). Kovo repaid Flow Capital’s loan investment of US$1,500,000 (C$2,020,350).  In addition to the return of the principal invested, Flow also received prepayment fees of approximately US$159,452 (C$214,766). 

TORONTO, April 10, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that the Company’s board of directors has declared a cash dividend of $0.0681 per Series A Preferred Shares (the “Preferred Shares”), payable on April 14, 2023, to holders of record of Preferred Shares as at March 31, 2023. The Dividend represents the dividend payable on the Preferred Shares for the period from January 1, 2023 to March 31, 2023.

Q4 Revenue from Royalties and Interest of $2,263,790; YTD $7,795,300 -- YoY growth of 28%

TORONTO, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” and “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces the early repayment of its investment in Heretto (formerly known as Jorsek). Heretto is a SaaS software company providing a cloud-based, highly scalable and configurable knowledge management solution for the technical documentation market.

Recurring Revenues from Interest and Royalties of over $1.67M – YoY growth of 41.7%