Philip Mittleman - Aimia Interim Chief Executive Officer

AIM Stock  CAD 2.37  0.10  4.05%   

CEO

Mr. Philip C. Mittleman serves as Independent Director of AIMIA INC since 2020.
Age 53
Tenure 4 years
Address 1 University Avenue, Toronto, ON, Canada, M5J 2P1
Phone647-948-8758
Webhttps://www.aimia.com
Mittleman serves as the Chief Executive Officer and President for Mittleman Brothers, LLC and its subsidiaries, including Mittleman Investment Management, LLC, a valueoriented SECregistered investment adviser based in New York. Before cofounding Mittleman Brothers in 2005, he was Managing Partner of Blue Hill Ventures LLC and Voltron Ventures LP, VC funds whose early stage investments in companies such as rent.com, First International Oil Corporationrationration, Eyewonder, and Audium, resulted in liquidity events of over US$1 billion.

Aimia Management Efficiency

The company has return on total asset (ROA) of (0.0253) % which means that it has lost $0.0253 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1173) %, meaning that it generated substantial loss on money invested by shareholders. Aimia's management efficiency ratios could be used to measure how well Aimia manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to -0.31. In addition to that, Return On Capital Employed is likely to grow to -0.12. At this time, Aimia's Net Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Intangibles To Total Assets is likely to grow to 0.52, while Total Assets are likely to drop about 915.4 M.
Aimia Inc has accumulated 177.9 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Aimia Inc has a current ratio of 24.7, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Aimia until it has trouble settling it off, either with new capital or with free cash flow. So, Aimia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aimia Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aimia to invest in growth at high rates of return. When we think about Aimia's use of debt, we should always consider it together with cash and equity.

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Aimia Inc., an investment holding company, focuses on long-term investments in public and private companies. The company, formerly known as Groupe Aeroplan Inc., was incorporated in 2008 and is headquartered in Toronto, Canada. AIMIA INC operates under Specialty Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 445 people. Aimia Inc (AIM) is traded on Toronto Exchange in Canada and employs 20 people. Aimia is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Aimia Inc Leadership Team

Elected by the shareholders, the Aimia's board of directors comprises two types of representatives: Aimia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aimia. The board's role is to monitor Aimia's management team and ensure that shareholders' interests are well served. Aimia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aimia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Philip Mittleman, Interim Chief Executive Officer
Karen Basian, Independent Director
Chris Mittleman, Chief Investment Officer, Director
David Rosenkrantz, Independent Director
Steven Leonard, Chief Financial Officer, Chief Accounting Officer, Vice President - Finance
Paul Lacey, President - EMEA, Loyalty Solutions
Evan Newman, LLC Management
Suzi Herbst, Chief Officer
Stuart Janke, Chief International
Richard Peake, President - APAC & Chief Commercial Officer - Loyalty Sollutions
CA CA, Chief Brand
Cindy Faust, President - Americas & Chief Commercial Officers - Loyalty Solutions
Eric Blondeau, Chief Sec
Mathieu Giguere, Chief Secretary
Charles Frischer, Independent Chairman of the Board
Michael Lehmann, Independent Director
Tom Tran, Director Relations
Thomas Finke, Executive Chairman
Sandra Hanington, Independent Director
Jordan Teramo, Independent Director

Aimia Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Aimia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Aimia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aimia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aimia will appreciate offsetting losses from the drop in the long position's value.

Moving against Aimia Stock

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The ability to find closely correlated positions to Aimia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aimia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aimia Inc to buy it.
The correlation of Aimia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aimia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aimia Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aimia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Aimia Stock

Aimia financial ratios help investors to determine whether Aimia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aimia with respect to the benefits of owning Aimia security.