Postmedia Reports Fourth Quarter Results

Core Insights - Postmedia Network Canada Corp. reported growth in its fourth quarter results, highlighting strategic progress despite challenges in the Canadian media sector [2] - The company aims to build a sustainable business model to continue providing trusted news and information to Canadians [2] Financial Performance - Fourth quarter revenue increased to $101.2 million, up from $93.2 million, representing an 8.7% increase [3] - The revenue growth was driven by a $3.2 million (7.5%) increase in advertising revenue, a $1.9 million (5.8%) increase in circulation revenue, and a $3.6 million (29.4%) increase in parcel revenue [3] - Total operating expenses, excluding depreciation and other factors, rose by $15.6 million (19.3%) for the quarter, primarily due to increased compensation and distribution costs [4] - Operating income before depreciation and restructuring decreased to $4.6 million, down $7.6 million from the previous year [5] - The net loss for the quarter was $44.7 million, compared to a net loss of $3.1 million in the same period last year [6] Year-to-Date Results - For the year ended August 31, 2025, revenue was $431.5 million, an increase of $35.6 million (9.0%) from the previous year [7] - The increase in annual revenue was attributed to a $22.7 million (12.3%) rise in advertising revenue and a $10.6 million (8.1%) rise in circulation revenue [7] - Total operating expenses for the year increased by $25.2 million (6.6%), with significant contributions from compensation and distribution costs [9] - Operating income before depreciation and restructuring for the year was $25.2 million, an increase of $10.4 million compared to the prior year [10] - The net loss for the year was $77.3 million, compared to a net loss of $49.7 million in the previous year [11] Additional Information - The company emphasizes its commitment to trusted journalism and essential services, aiming for long-term sustainability [2] - Postmedia operates over 130 brands across various print and digital platforms, providing advertisers with effective solutions to reach target audiences [13]