1st Quarter 2024 Business and Subsequent Highlights
FINANCIAL RESULTS
Financial Results
FY24
First Quarter - 2024
Ended June 30, 2023
FY23
VAR
FY23
Full Year - 2023
Ended March 31, 2023
FY22
VAR
Revenues
$79.0 M
$78.1 M
▲ 1.1%
$323.9 M
$282.6 M
▲ 14.6%
Adjusted EBITDA (1)
$28.3 M
$26.1 M
▲ 8.4%
$114.1 M
$99.3 M
▲ 15.0%
$14.1 M
Net income
$0.20 per share
$9.4 M
$0.13 per share
▲ 50.2%
$30.1 M
$0.43 per share
$33.3 M
$0.47 per share
▼ 9.5%
Adjusted Net income (1)
$11.9 M
$13.2 M
▼ 10.2%
$0.17 per share
$0.19
per share
$55.2 M
$0.79 per share
$56.4 M
$0.79 per share
▼ 2.1%
Cash Flow from
Operations
$24.3 M
$0.35 per share
$16.3 M
$0.23
▲ 48.4%
per share
Adjusted FCF(1)
$18.5 M
$0.27 per share
$15.7 M
$0.21 per share
▲ 17.9%
$86.9 M
$1.25 per share
$63.7 M
$0.91 per share
$83.7 M
$1.17 per share
▲ 3.9%
$56.9 M
$0.80 per share
▲ 11.8%
All in CAD$ millions. Note 1: This is a non-IFRS measure and is not a standardized financial measure. Our method of calculating such financial measures may differ from the methods used by other
issuers and, accordingly, our definition of these non-IFRS financial measures may not be comparable to similar measures presented by other issuers. Refer to "Supplemental Information on Non-IFRS
Measures" on page 6 for more information on each non-IFRS measure and for reconciliations to the most directly comparable IFRS financial measure, refer to "Non-IFRS Measures Reconciliations" on
page 8 and "Reconciliation of Quarterly Non-IFRS Measures" on page 18 of our MD&A for the quarter ended on June 30, 2023 available on SEDAR at www.sedar.com.
STINGRAY
18View entire presentation