Non-IFRS Financial Measures

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Crown Point Announces Operating and Financial Results for the Three and Six Months Ended June 30, 2025 and Appointment of New Director
Globenewswire· 2025-08-11 21:14
Core Viewpoint - Crown Point Energy Inc. reported its financial and operational results for Q2 2025, highlighting significant increases in sales revenue and production volumes compared to Q2 2024, alongside ongoing acquisition activities in the Chubut region [1][4][5]. Financial Performance - The company reported net cash provided by operating activities of $5.6 million and funds flow used in operating activities of $5.0 million for Q2 2025, compared to $1.5 million and $1.4 million in Q2 2024 respectively [5]. - Oil and natural gas sales revenue reached $22.2 million in Q2 2025, a substantial increase from $5.6 million in Q2 2024, driven by higher sales volumes from the Santa Cruz Concessions [5]. - Average daily sales volumes increased to 4,083 BOE per day in Q2 2025 from 1,340 BOE per day in Q2 2024 [5][17]. - The company reported a loss before taxes of $9.1 million for Q2 2025, compared to a loss of $4.3 million in Q2 2024 [5]. Acquisition Activities - Crown Point entered into agreements to acquire a 95% operated interest in the Chubut Concessions for an aggregate base purchase price of approximately $57.9 million, with contingent consideration of up to $3.5 million [4][5][6]. - The acquisition is expected to close in Q3 2025, pending necessary regulatory approvals [6]. Operational Update - Oil production from the Piedra Clavada Concession averaged 1,902 bbls per day, and from the Koluel Kaike Concession averaged 1,060 bbls per day during Q2 2025 [12]. - In the Tierra del Fuego Concession, San Martin oil production averaged 398 bbls per day, while Las Violetas natural gas production averaged 8,028 mcf per day [13]. - The Mendoza Concessions reported oil production averaging 766 bbls per day from the Chanares Herrados Concession [14]. Outlook - The company's capital spending for fiscal 2025 is budgeted at approximately $12.3 million, with significant allocations for well workovers and drilling campaigns in the Santa Cruz and Mendoza Concessions [15][16].
Trisura Group Reports Second Quarter 2025 Results: 21% Growth in BVPS and Significant Progress in Surety Expansion
Globenewswire· 2025-08-07 20:05
TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced financial results for the second quarter of 2025. David Clare, President and CEO of Trisura, stated, “In Q2, we achieved a strong Operating ROE of 17.8% with Operating net income of $33.3 million or $0.69 per share. We continued to benefit from our Specialty focus, disciplined underwriting and growing investment income. Profitable underwriting resul ...
ATS(ATS) - 2026 Q1 - Earnings Call Presentation
2025-08-07 12:30
Q1 2026 Earnings Call August 7, 2025 8:30am ET Today's Hosts Throughout this presentation management uses certain non-IFRS financial measures, non-IFRS ratios and supplementary financial measures to evaluate the performance of the Company. The terms "EBITDA", "adjusted revenues", "organic revenue", "adjusted net income", "adjusted earnings from operations", "adjusted EBITDA", "pro forma adjusted EBITDA", "adjusted basic earnings per share", and "free cash flow", are non-IFRS financial measures, "adjusted ea ...
Super Group(SGHC) - 2025 Q2 - Earnings Call Presentation
2025-08-07 11:45
Financial Highlights - Super Group achieved a record Total Group Revenue of $579 million, a 30% year-over-year increase[13] - The Group's Adjusted EBITDA reached a record $157 million, representing a 78% year-over-year growth and a 27% margin[13] - The company has a debt-free balance sheet with $393 million in unrestricted cash as of June 30, 2025[13,15] - Dividends of $20 million were paid out during the quarter, with a total of $166 million in dividends paid on a trailing twelve-month basis[13] Business Performance - The average unique monthly active customers increased by 21% year-over-year[15] - Net Revenue increased by 30% year-over-year to $570 million[21] - Ex-U S Total Revenue increased 28% year-over-year to $563 million[15,35] - Sportsbook Gross Revenue increased 27% year-over-year, with a margin of 13 9% compared to 12 6% in the same quarter of the previous year[27] - Casino Gross Revenue increased 25% year-over-year, with a margin of 4 44% compared to 4 40% in the same quarter of the previous year[30] Strategic Decisions - Super Group announced a strategic exit from the U S iGaming business[13,49] - The exit from the U S iGaming business will incur one-off costs, including $63 9 million for goodwill and asset impairment, $22 6 million for onerous contracts, and approximately $6 million in cash closing costs[50] Guidance - Ex-U S Adjusted EBITDA guidance was raised from $480 million to a range of $500-$510 million[13] - The company projects total revenue to be greater than $2 04 billion and Adjusted EBITDA to be in the range of $470-$480 million[61]
Flagship Communities Real Estate Investment Trust Announces Second Quarter 2025 Results
Globenewswire· 2025-08-06 21:00
Core Insights - Flagship Communities Real Estate Investment Trust reported strong financial performance in Q2 2025, with significant increases in rental revenue and net operating income, indicating robust operational stability and growth potential in the Manufactured Housing Community (MHC) sector [3][5][7]. Financial Performance - Rental revenue and related income reached $25.1 million, an 18.1% increase from $21.2 million in Q2 2024 [5][6]. - Same Community Revenue was $22.7 million, up 12.2% from $20.2 million year-over-year [5][8]. - Net income and comprehensive income for Q2 2025 was $35.1 million, down 19.2% from $43.5 million in Q2 2024, primarily due to fair value adjustments [5][9]. - Net Operating Income (NOI) was $16.7 million, an 18.7% increase compared to $14.1 million in the same quarter last year [5][10]. - Funds from Operations (FFO) per unit increased to $0.385, a 16.7% rise from $0.330 in Q2 2024 [5][13]. - Adjusted Funds from Operations (AFFO) per unit was $0.353, reflecting a 20.9% increase from $0.292 year-over-year [5][14]. Operational Highlights - Total portfolio occupancy improved to 85.1%, up from 83.5% as of December 31, 2024, with Same Community Occupancy at 85.5% [5][21]. - Rent collections were strong at 99.2%, an increase from 98.7% in the previous year [5][15]. - The integration of seven newly acquired MHCs in Tennessee and West Virginia is progressing well, with occupancy levels increasing and new home sales advancing in Nashville [5][18]. Industry Outlook - The MHC sector is expected to continue outperforming other real estate sectors, driven by rising home ownership costs and limited new supply, leading to greater housing unaffordability [22][26]. - The REIT's positive outlook is supported by macro trends such as increasing household formations and declining single-family homeownership rates [22][26]. Portfolio Overview - As of June 30, 2025, Flagship owned 80 MHCs with 14,670 lots and two RV resort communities with 470 sites [21]. - The NAV increased to $727.9 million, with NAV per unit rising to $28.96 from $26.71 at the end of 2024 [5][21]. - Debt to Gross Book Value improved to 36.5% from 38.1% as of December 31, 2024 [5][21].
Nomad Foods(NOMD) - 2025 Q2 - Earnings Call Presentation
2025-08-06 10:45
Financial Performance - Q2 2025 - Total Revenue was €747 million[19, 21], a decrease of 0.8% year-over-year[21] - Organic revenue declined by 1.1%[9, 19, 21] due to a 1% volume decline[9] - Adjusted Gross Margin contracted by 310 bps year-over-year to 27.8%[9, 19, 21] - Adjusted EBITDA decreased by 7% year-over-year to €129 million[9, 19, 21] - Adjusted EPS decreased by 9% year-over-year to €0.40[9, 19, 21] Cash Flow - YTD 2025 (6 Months Ended June 30) - Adjusted Free Cash Flow was €49 million[22] - Adjusted Free Cash Flow as a percentage of adjusted profit for the period was 43%[22] compared to 32% in the same period last year[22] Outlook - 2025 Guidance - Organic Revenue growth is expected to be between 0% and -2%[25] - Adjusted EBITDA is expected to decline by 3% to 7% year-over-year[25] - Adjusted EPS is projected to be in the range of €1.64 to €1.76[25] - Adjusted Free Cash Flow Conversion is expected to be 90%+[25]
West African Resources (WAF) 2025 Earnings Call Presentation
2025-08-06 01:00
Company Overview - West African Resources (WAF) aims to become a sustainable +500koz gold producer by 2029 [36, 94] - The company targets an average production of 477,000 oz per annum from 2025 to 2034 [43] - WAF possesses 122 million ounces of unhedged gold resources and 65 million ounces of unhedged gold reserves [23, 94] - As of June 30, 2025, WAF held A$328 million in cash and bullion [23] - The market capitalization of WAF was A$2713 million as of July 25, 2025 [23, 98] Sanbrado Gold Operations - Sanbrado's resources are 47 million ounces of gold and reserves are 20 million ounces of gold [48] - Sanbrado's 2024 production was 206,622 oz at an AISC of US$1,240/oz [48] - The average annual production from Sanbrado is projected to be 243,000 oz from 2025 to 2034 [52] Kiaka Gold Project - Kiaka's resources are 75 million ounces of gold and reserves are 45 million ounces of gold [70] - The pre-production capex for Kiaka was US$447 million [70] - Kiaka is expected to produce an average of 248,000 oz of gold per year from 2026 to 2030, and 234,000 oz/yr LOM [70] Exploration and Growth - WAF plans over +200,000m of drilling in 2025-26 [43, 94] - Toega has an Open Pit reserve of 95 Mt at 19 g/t gold for 569,000 oz gold [67] - Toega has an Underground resource 49 Mt at 35 g/t for 560,000 oz gold [67]
Eldorado Gold(EGO) - 2025 Q2 - Earnings Call Presentation
2025-08-01 15:30
Q2 2025 RESULTS CONFERENCE CALL August 1, 2025 Certain of the statements made and information provided in this presentation are forward-looking statements or forward-looking information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as "anticipates", "believes", "budgets", "continue", "commitment", "confident", " ...
TransAlta Reports Strong Second Quarter 2025 Results, Advancement of Strategic Priorities and Reaffirms Guidance
Globenewswire· 2025-08-01 11:04
Core Insights - TransAlta Corporation reported strong operational performance in Q2 2025, highlighting the effectiveness of its diversified fleet and hedging strategies, which resulted in realized prices above spot prices [2][4] - The company is optimistic about achieving its 2025 outlook despite challenges in the Alberta price environment [2] Financial Performance - Q2 2025 operational availability was 91.6%, up from 90.8% in Q2 2024 [5][6] - Production increased to 4,813 GWh in Q2 2025 from 4,781 GWh in Q2 2024 [5] - Revenues for Q2 2025 were $433 million, down from $582 million in Q2 2024 [5] - Adjusted EBITDA rose to $349 million in Q2 2025 from $316 million in Q2 2024 [5][6] - Adjusted earnings before income taxes increased to $122 million in Q2 2025 from $112 million in Q2 2024 [5] - Net loss attributable to common shareholders was $112 million in Q2 2025, compared to net earnings of $56 million in Q2 2024 [6] Segment Performance - Hydro segment revenues increased to $126 million in Q2 2025 from $83 million in Q2 2024 [8] - Wind and Solar segment revenues were stable at $89 million in Q2 2025 compared to $88 million in Q2 2024 [8] - Gas segment revenues decreased to $128 million in Q2 2025 from $142 million in Q2 2024 [8] - Energy Transition segment revenues significantly increased to $19 million in Q2 2025 from $2 million in Q2 2024 [8] - Energy Marketing segment revenues decreased to $26 million in Q2 2025 from $39 million in Q2 2024 [8] Key Business Developments - The company extended its committed credit facilities totaling $2.1 billion, with maturity dates extended to June 30, 2029, for the syndicated credit facility [9] - TransAlta signed an agreement for the divestiture of the 48 MW Poplar Hill asset as part of a consent agreement with the federal Competition Bureau [10] - The company successfully recontracted its Ontario wind facilities, extending contract dates until 2031 and 2034 [11] Shareholder Returns - TransAlta announced a Normal Course Issuer Bid (NCIB) to repurchase up to 14 million common shares [13] - During the first half of 2025, the company purchased and canceled 1,932,800 common shares at an average price of $12.42 per share [14]
Ermenegildo Zegna(ZGN) - 2025 H1 - Earnings Call Presentation
2025-07-30 11:30
H1 2025 Financial Performance - Group revenues reached €928 million, a decrease of 3% year-on-year (YoY) and 2% on an organic basis[27] - Q2 revenues amounted to €469 million, reflecting a 6% YoY decrease and a 3% organic decline[27] - ZEGNA brand revenues, constituting 61% of H1 Group revenues, increased by 2% organically, driven by the DTC channel[33] - Thom Browne brand revenues, accounting for 14% of H1 Group revenues, experienced a 24% organic decrease due to wholesale channel streamlining[33] - TOM FORD FASHION brand revenues, representing 16% of H1 Group revenues, grew by 4% organically, propelled by the DTC channel[33] Segment Performance - Zegna segment showed positive performance, boosted by the ZEGNA brand, while the textile division contracted[28] - Thom Browne segment's revenue was impacted by the strategic decision to streamline the wholesale business[28] - Tom Ford Fashion (TFF) segment's revenues were driven by strong double-digit organic growth in the DTC channel[28] Channel Performance - DTC revenues reached €353 million, showing an 8% organic increase, with growth accelerating across all three brands, particularly ZEGNA[42] - Wholesale branded revenues decreased by 33% organically, reflecting a strategic focus on the DTC channel for each brand, especially Thom Browne[42] Geographic Performance - EMEA revenues declined by 2% organically, influenced by wholesale performance in the region[38] - Americas revenues demonstrated strong organic growth of 10%, driven by solid DTC channel results, particularly for ZEGNA and Thom Browne[38] - Greater China Region (GRC) revenues decreased by 17% organically, due to the wholesale channel[38]