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ONEX Corporation
11/12/2021
Welcome to ONIC's third quarter 2021 conference call and webcast. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question and answer session with pre-qualified analysts. At this time, if you have a question, please press star then one on your telephone keypad. If at any time during the conference you need to reach the operator, please press star then zero. As a reminder, this conference is being recorded. I would now like to turn the conference over to Jill Hominick. managing director of shareholder relations and communications at Onyx. Please go ahead.
Thank you. Good morning, everyone, and thanks for joining us. We're broadcasting this call on our website. Hosting the call today are Jerry Schwartz, our founder and CEO, Bobby LeBlanc, Onyx's president and head of Onyx Partners, and Chris Govan, our chief financial officer. Earlier this morning, we issued our third quarter 2021 press release, MD&A and Consolidated Financial Statements, which are available on the shareholder section of our website and have also been filed on CDAR. Our supplemental information package is also available on our website. As a reminder, all references to dollar amounts on this call are in U.S., unless otherwise stated. I must also point everyone to our webcast presentation for our usual disclaimer and cautionary factors relating to any forward-looking statements contained in today's presentation and remarks. With that, I'll now turn the call over to Jerry.
Thanks, Jill. Good morning, everyone, and thanks for joining us today. Q3, I am very happy to report, Q3 was a strong quarter for Onyx with continued performance across all our businesses. In our very important investing segment, net asset value per share ended the quarter at U.S. $86.95. it grew 8% in the quarter. If you exclude recent quarters impacted by the pandemic, this was actually our highest rate of growth since 2013. Across our platforms, we're executing on opportunities with accelerated pace, and we still see lots of potential ahead. The strategy we presented at our recent Investor Day resonated with shareholders, and we feel confident in our plans and ability to deliver. As Bobby said, we have the right people, strategy, and culture to be successful. As I reflect on the year that's almost over, I'm proud of what our team has achieved. The level of activity across the organization has been impressive, as is the energy and enthusiasm for evolving and growing our business. We have made significant progress over the past year, strengthening our team and expanding our platform. I'm excited about what lies ahead. We're committed to delivering strong performance across all of our key metrics, including the new financial measures that we introduced at Investor Day. Results like we reported today are an endorsement of our ability to drive long-term shareholder value. just as we have always wanted to do. We look forward to more opportunities to engage with you. In the meantime, we thank you again for your continued support. And with that, I'll now turn it over to Bobby for more on the quarter.
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