Last C$1.20 CAD
Change Today -0.10 / -7.69%
Volume 5.5K
MWC On Other Exchanges
As of 3:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

medwell capital corp (MWC) Snapshot

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10/30/13 - C$2.01
52 Week Low
07/2/13 - C$0.76
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medwell capital corp (MWC) Details

Medwell Capital Corp., an investment and advisory company, provides capital and advisory services primarily to the healthcare industry in Canada. It also invests in equity, debt, and convertible securities, which are acquired for long-term capital appreciation and shorter-term gains; and advises companies on strategy and technology development. The company was formerly known as BioMS Medical Corp. and changed its name to Medwell Capital Corp. in July 2010. Medwell Capital Corp. was founded in 1998 and is headquartered in Edmonton, Canada.

1 Employees
Last Reported Date: 03/28/14
Founded in 1998

medwell capital corp (MWC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$475.0K
Chief Financial Officer
Total Annual Compensation: C$75.0K
Total Annual Compensation: C$112.5K
Compensation as of Fiscal Year 2012.

medwell capital corp (MWC) Key Developments

Medwell Capital Corp. Announces Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2013

Medwell Capital Corp. announced consolidated financial results for the fourth quarter and full year ended December 31, 2013. For the quarter ended December 31, 2013, the consolidated net income of the company was $2.4 million or $0.33 per share, as compared to a net loss of $1.5 million or $0.19 loss per share for the same period last year. For the year ended December 31, 2013, the consolidated net income of the company was $3.6 million of $0.50 per share, as compared to a net loss of $5.4 million or $1.03 loss per share for the same period last year including a $0.7 loss from discontinued operations. The improvement in both the quarterly and year end results over the prior periods largely resulted from unrealized gains on investments (primarily from Spectral), and lower operating costs.

Medwell Capital Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended September 30, 2013

Medwell Capital Corp. announced unaudited consolidated earnings results for the second quarter ended September 30, 2013. Consolidated income from continuing operations of the Corporation for the three months ended September 30, 2013 was $1.7 million, or $0.24 per share compared to a consolidated loss from continuing operations of $0.5 million or $0.10 loss per share for the same period last year. The improvement in the quarter year over year was the result of an unrealized gain on investments of $3.0 million, offset by an increase in operating, general and administration expenditures of $0.4 million associated with staff downsizing. Before accounting for the unrealized gains and extraordinary downsizing costs, the net loss for the quarter was $0.5 million.

Medwell Capital Corp., Annual General Meeting, Nov 22, 2013

Medwell Capital Corp., Annual General Meeting, Nov 22, 2013., at 11:00 US Mountain Standard Time. Location: Delta Edmonton South Hotel and Conference Centre. Agenda: To receive and consider the report of the directors and to receive and consider the audited financial statements for the period ending December 31, 2012 together with auditor's report thereon; to fix the number of directors for the ensuing year at five; to elect directors to hold office until the next annual general meeting of the company; to appoint PricewaterhouseCoopers LLP, Chartered Accountants, as auditors for the ensuing year and to authorize the Board of Directors to fix the remuneration to be paid to the auditors; and to transact such other business as may properly be transacted at such meeting or at any adjournment thereof.


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