Core Insights - Lycos Energy Inc. reported its financial and operational results for Q2 and the first half of 2025, highlighting significant declines in sales and adjusted funds flow from operations compared to the previous year [1][2][6] Financial Performance - Total petroleum and natural gas sales for Q2 2025 were $23.1 million, a decrease of 35% from $35.6 million in Q2 2024 [2] - Adjusted funds flow from operations fell by 47% to $9.6 million in Q2 2025, down from $18.0 million in Q2 2024 [2] - Net income for Q2 2025 was a loss of $54.6 million, compared to a profit of $10.2 million in Q2 2024, marking a 633% decline [2][5] - Average daily production was 3,940 boe/d, a decrease of 15% from 4,648 boe/d in Q2 2024 [2][12] Operational Highlights - The company completed the disposition of non-core assets in Saskatchewan for $2.5 million, which is expected to streamline operations and reduce liabilities [7][10] - The average realized price for crude oil in Q2 2025 was $66.77 per barrel, down 21% from $84.85 per barrel in Q2 2024 [2] - Natural gas realized prices increased significantly by 552% to $1.37 per mcf in Q2 2025, compared to $0.21 per mcf in Q2 2024 [2] Capital Expenditures and Debt - Capital expenditures for exploration and development in Q2 2025 were $5.4 million, a 75% decrease from $21.3 million in Q2 2024 [2] - The company reported an exit net debt of $19.5 million, representing a ratio of 0.5X annualized net debt to adjusted funds flow from operations [12] Strategic Outlook - Lycos plans to resume its capital expenditures program in Q3 2025, focusing on high-return areas in the Bonnyville region [10] - The company retains rights to drill on undeveloped lands acquired through the recent asset disposition, which is expected to enhance future operational flexibility [8][9]

Financial Performance - Revenue reached $433 million in 2Q25 [12], but experienced a slight year-over-year decrease of 0.5% [25], primarily due to foreign exchange fluctuations and the disposal of IHS Kuwait Limited [33] - Adjusted EBITDA stood at $248 million with a margin of 57.3% in 2Q25 [12], reflecting a focus on cost control and profitability [12] - Adjusted Levered Free Cash Flow (ALFCF) was $54 million in 2Q25 [13], with an ALFCF Cash Conversion Rate of 21.7% [25], impacted by the phasing of interest payments [14] - Capital expenditure (Capex) decreased by 13.8% year-over-year to $46 million in 2Q25 [18, 25], driven by reduced spending in Latin America and Nigeria [38] Guidance and Outlook - The company raised its full-year 2025 revenue guidance to $1,700 - $1,730 million [12] - The company increased its full-year 2025 Adjusted EBITDA guidance to $985 - $1,005 million [12] - The company increased its full-year 2025 Adjusted Levered Free Cash Flow (ALFCF) guidance to $390 - $410 million [13] - The company lowered its full-year 2025 Total Capex guidance to $240 - $270 million [14] Debt and Liquidity - Net leverage ratio was 3.4x as of 2Q25 [15], with a target to remain between 3.0x and 4.0x [16] - Available liquidity stood at $833 million, including a newly refinanced $300 million undrawn Revolving Credit Facility (RCF) [16] Tower Portfolio - The company's global tower portfolio comprised 39,184 towers across Africa and Latin America as of 2Q25 [20] - The company built over 180 towers in 2Q25, including 125 in Brazil [19]

Core Insights - Copa Holdings reported strong financial results for the second quarter of 2025, achieving a net profit of US$148.9 million, or US$3.61 per share, marking a 25.2% increase in earnings per share compared to the same period in 2024 [4][7][8] - The company declared a dividend payment of US$1.61 per share, to be paid on September 15, 2025, to shareholders of record as of August 29, 2025 [1] Financial Performance - The total operating revenue for 2Q25 was US$842.6 million, a 2.8% increase from US$819.4 million in 2Q24 [7][8] - Passenger revenue increased by 2.0% to US$797.3 million, while cargo and mail revenue rose by 12.4% to US$28.3 million [7][8] - Operating expenses totaled US$666.0 million, a slight increase of 0.9% from US$659.9 million in 2Q24 [8] - The operating profit was US$176.6 million, reflecting a 10.7% increase compared to US$159.5 million in 2Q24 [8] Operational Metrics - Copa Holdings carried 3.6 million revenue passengers in 2Q25, a 9.0% increase from 3.3 million in 2Q24 [6] - The load factor improved to 87.3%, up 0.5 percentage points from 86.8% in 2Q24 [6] - The company ended the quarter with a consolidated fleet of 115 aircraft, including three new Boeing 737 MAX 8 deliveries [4][6] Cost Management - Operating cost per available seat mile (CASM) decreased by 4.6% to 8.5 cents, while CASM excluding fuel increased by 3.2% to 5.8 cents [4][6] - The average price per fuel gallon decreased by 17.0% to US$2.32 compared to the previous year [6][8] Cash Position and Debt - The company reported approximately US$1.4 billion in cash and investments, representing 39% of the last twelve months' revenues [4] - The adjusted net debt to EBITDA ratio stood at 0.6 times, indicating a strong balance sheet [4] Recognition and Awards - Copa Airlines was recognized by Skytrax as the "Best Airline in Central America and the Caribbean" for the tenth consecutive year [4]

Core Insights - Diversified Royalty Corp. (DIV) reported its best quarter ever in terms of adjusted revenues for Q2 2025, with strong performances from most royalty partners [3][4] - The company achieved a weighted average organic royalty growth of 5.5% in Q2 2025, indicating the strength of its diversified portfolio [4][7] - The addition of Cheba Hut as a new royalty partner further diversified DIV's portfolio and expanded its visibility in the US market [4][11] Financial Performance - Revenue for Q2 2025 was $17.8 million, a 6.4% increase compared to $16.8 million in Q2 2024 [7][11] - Adjusted revenue reached $19.2 million in Q2 2025, up 6.0% from $18.1 million in Q2 2024 [7][11] - Distributable cash increased to $12.7 million in Q2 2025, representing a 9.3% rise from $11.6 million in Q2 2024 [22][24] Royalty Partner Updates - Mr. Lube + Tires reported a same-store sales growth (SSSG) of 11.3% in Q2 2025, compared to 8.4% in Q2 2024 [13][16] - Oxford Learning Centres achieved a positive SSSG of 6.5% in Q2 2025, a significant improvement from -2.3% in Q2 2024 [17] - AIR MILES® royalty income decreased by 11.8% to $0.8 million in Q2 2025, down from $0.9 million in Q2 2024 [18] Dividend and Payout Ratio - The payout ratio for Q2 2025 was 83.0%, a decrease from 88.6% in Q2 2024, primarily due to higher distributable cash per share [23][24] - Dividends declared were $0.0625 per share for Q2 2025, consistent with the previous year [23][24] Net Income - Net income for Q2 2025 was $9.0 million, an increase from $8.2 million in Q2 2024, driven by higher adjusted revenues and lower expenses [24][26]

Financial Performance - Q2 2025 production totaled 64,000 GEO, a 7% increase compared to Q1 2025[10] - Adjusted EBITDA reached a record high of $106 million in Q2 2025, with LTM Adjusted EBITDA reaching $344 million[10] - Net income was $8 million, but adjusted net income, excluding non-cash losses, was $37 million[10] Operational Highlights - Borborema produced 2,577 GEO and is expected to achieve commercial production by the end of Q3 2025[10, 21] - The company maintained a strong safety record with zero lost time incidents (LTIs) across all operations and projects during Q2 2025[12] - AISC in Q2 2025 reached $1,449/GEO, a 1% decrease compared to Q1 2025[10] Strategic Initiatives - The company closed its U S Initial Public Offering (IPO) of 8,100,510 common shares, raising gross proceeds of $196 million[10] - Aura exercised its options to acquire 100% ownership of the Pé Quente and Carajás Projects in Brazil[10] - A dividend of $0 33 per share was declared based on Q2 2025 results, resulting in a LTM yield of 7 4% including share buyback[10] Era Dorada Project - The PEA of Era Dorada was released with an average yearly production of 95,000 ounces per year (first 4 years), 2 million ounces in M&I, capex $265 million and unleveraged IRR 24% and NPV of $485 million @ $2,410/Oz[10]

Investor Presentation Q1 2025 FINANCIAL RESULTS May 19, 2025 Disclaimer Forward-Looking Statements The following information contains, or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and other ...

Core Viewpoint - Supremex Inc. reported its first-quarter financial results for 2025, showing a decline in revenue and net earnings compared to the same period in 2024, but highlighted growth in its packaging segment and ongoing strategic initiatives to enhance profitability and market position [1][4][6]. Financial Highlights - Total revenue for Q1 2025 was $70.2 million, down 4.1% from $73.3 million in Q1 2024 [6][7]. - Operating earnings decreased to $3.8 million from $5.8 million year-over-year [3]. - Adjusted EBITDA was $8.8 million, representing a margin of 12.6%, compared to $10.5 million and 14.3% in the previous year [3][10]. - Net earnings were $1.9 million, or $0.08 per share, down from $3.5 million, or $0.14 per share, in Q1 2024 [6][14]. Segment Performance - Envelope segment revenue was $48.4 million, a decrease of 9.4% from $53.4 million in Q1 2024, primarily due to an 11.0% drop in average selling prices [8]. - Packaging and Specialty Products segment revenue increased by 9.9% to $21.8 million, driven by higher demand for e-commerce packaging solutions [9]. Cash Flow and Debt - Net cash flows from operating activities were $7.0 million, up from $5.1 million in Q1 2024, attributed to a working capital release [16]. - Free cash flow amounted to $6.8 million, compared to $4.7 million in the same period last year [17]. - Total debt decreased to $38.0 million as of March 31, 2025, down from $43.1 million at the end of 2024, with a net debt to adjusted EBITDA ratio of 0.9x [18]. Dividend Declaration - The Board of Directors declared a quarterly dividend of $0.05 per common share, payable on June 20, 2025, to shareholders of record as of June 5, 2025 [19]. Outlook - The company anticipates gradual normalization of product demand following challenging market conditions in 2023 and 2024, while acknowledging ongoing economic volatility and trade uncertainties [20]. - Supremex aims to enhance operational efficiency and pursue strategic acquisitions, particularly in the Packaging & Specialty Products segment [21][22].

Core Insights - The Keg Royalties Income Fund reported financial results for Q1 2025, showing a positive trend in sales and income despite challenges in the full-service restaurant sector [1][3][7]. Financial Performance - Royalty Pool Sales for the 104 Keg restaurants reached $193.776 million, an increase of $12.527 million or 6.9% compared to Q1 2024 [3][21]. - Royalty income rose by $501,000 or 6.9%, from $7.250 million in Q1 2024 to $7.751 million in Q1 2025 [3][21]. - Distributable Cash available for distributions decreased by $505,000 to $4.147 million ($0.365 per Fund unit) in Q1 2025, down from $4.652 million ($0.410 per Fund unit) in Q1 2024 [4][21]. - Regular cash distributions remained stable at $3.222 million ($0.284 per Fund unit) for both Q1 2025 and Q1 2024 [4][21]. - The Payout Ratio increased to 77.7% in Q1 2025 from 69.3% in Q1 2024 [6][21]. Operational Highlights - Same Store Sales increased by 9.2% compared to the same quarter in the previous year, attributed to Keg's focus on guest experience and value [7][10]. - KRL's Average Sales per Operating Week rose by 7.5% to $144,000 for the quarter [10]. Company Overview - Keg Restaurants Ltd. operates over 100 restaurants and has annual System Sales exceeding $700 million, making it a leading operator in the Canadian steakhouse market [29]. - The company has been recognized as the number one restaurant company to work for in Canada according to Forbes' "Canada's Best Employers 2025" survey [29].

Core Viewpoint - Martinrea International Inc. reported improved financial results for Q1 2025 compared to Q4 2024, driven by higher production sales and better margins, despite ongoing challenges from U.S. tariffs and weak demand for electric vehicle platforms [3][5]. Financial Performance - Total sales for Q1 2025 were $1,168.2 million, a decrease of $155.7 million or 11.8% from $1,323.9 million in Q1 2024 [10]. - Production sales were $1,125.7 million, with adjusted operating income of $61.9 million and an adjusted operating income margin of 5.3%, up 180 basis points from Q4 2024 [5][10]. - Net income for Q1 2025 was $17.5 million, down 60% from $43.7 million in Q1 2024, with diluted earnings per share of $0.24 [27][29]. - Adjusted net income decreased to $29.5 million or $0.41 per share, down 38.6% from $48.1 million or $0.62 per share in Q1 2024 [27][28]. Sales Breakdown - North America sales decreased by $78.9 million or 8.2% to $885.1 million, impacted by the end of certain programs and lower OEM production volumes [15]. - Europe sales fell by $78.7 million or 23.6% to $255.3 million, primarily due to lower OEM production volumes and a decrease in tooling sales [16]. - Sales in the Rest of the World increased by $2.0 million or 6.3% to $33.7 million, driven by new program launches [17]. Gross Margin and Costs - Gross margin for Q1 2025 was $151.6 million, representing 13.0% of total sales, consistent with Q1 2024 [19]. - The company experienced operational inefficiencies and lower contributions from sales volume, which offset improvements in productivity and efficiency [19][20]. New Business and Dividends - The company secured new business worth approximately $60 million in annualized sales, contributing to a total of $260 million in new business awards over the last four quarters [3][5]. - A quarterly cash dividend of $0.05 per share was declared, payable to shareholders on or about July 15, 2025 [29].

Core Viewpoint - Genius Group Limited is presenting its 2024 financial results and providing guidance for 2025, highlighting updates on its AI-Powered Genius Curriculum, Genius City model, Genius Treasury strategy, and ongoing legal cases [1]. Financial Results and Guidance - The company will discuss its full-year results for 2024 and offer insights into its financial performance and strategic direction for 2025 [1]. Strategic Initiatives - Updates will be provided on the AI-Powered Genius Curriculum, which is a key component of the company's educational offerings [1]. - The Genius City model and Genius Treasury strategy will also be discussed, indicating a focus on innovative educational and financial frameworks [1]. Legal Matters - The company will address various current legal cases, which may impact its operations and financial outlook [1].