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NXLV – NexLiving Communities Inc

Not Compliant

—X—

NexLiving Communities Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$39,589,810

Market cap

47.81%

Revenue Growth

BUY

Analysts' Rating

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Recommendation Rating

2

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.19

Low: 0.18

High: 0.2

Total Analysts: 2

Company Profile

NexLiving Communities Inc., formerly Vivere Communities Inc., is a Canada-based company that invests in multi-family properties. The Company is principally engaged in the ownership and management of multi-unit residential real estate with a focus on low and mid-rise properties in bedroom communities in Eastern Canada. The Company owns approximately 769 units in New Brunswick (Moncton and Saint John) and Ontario (Oshawa). The Company seeks to satisfy the needs of emerging 55+ residents. 55+ active living are usually long-term residents, primarily retired, or close to retirement, who are downsizing their home footprint and seeking a lock-and-leave lifestyle. Its apartment buildings are usually newly built class A, low- and mid-rise with modern fixtures with an elevator and underground heated parking and storage. The Company has also developed a pipeline of qualified properties for potential acquisition.

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