Adjusted EBITDA for the full year 2022 was $410.0 million, a decrease of 8%, compared to $443.9 million in the prior year, including unfavorable impacts from foreign exchange rates and business mix, as well as an impact from the Russia-Ukraine war, partly offset by ...
Earnings Per Share and Adjusted EBITDA Fourth Quarter Full Fiscal Year (In millions, except per share data) 2024 2023 2024 2023 Net earnings $ 47.6 $ 19.7 $ 38.1 $ 140.5 Diluted net earnings per common share $ 0.65 $ 0.27 $ 0.52 $ 1.94 Adjusted net earnings(1) $ 89.3 $ 86.8 $ 241.3...
but are not limited to, severe weather, levels of consumer confidence in national and local economic business conditions, developments related to pricing cycles and volumes, the impact of labor market shortages, the increase of costs due to inflation, an economic downturn caused...
Adjusted cash gross profit (non-GAAP) increased by 4.6% to RMB2.98 billion (US$419.3 million) from RMB2.85 billion in the full year of 2022. Adjusted cash gross margin (non-GAAP) was 40.2%, compared to 40.3% in the full year of 2022. Adjusted EBITDA (non-GAAP) increased by 8.9%...
EBITDA is calculated as our IFRS profit/(loss) after income tax expense, excluding interest income, finance expense and non-cash fair value loss and interest expense on hybrid financial instruments, income tax expense, depreciation and amortization, which are important components of our IFRS profit/...
We define adjusted EBITDA as net income (loss) excluding (i) profit (loss) from discontinued operations, (ii) income tax (expense) benefit, (iii) net finance income (expense), (iv) share of net income (loss) of equity-accounted investees, (v) impairment of equity-account...
The corrections had the following impact on the consolidated statement of financial position as at December 31, 2022 and January 1, 2022: As at December 31, 2022 In CAD $ As previously presented Adjustment for Pre-funded deposits (i) Adjustment for Finance cos...
Adjusted EBITDA* was $73.1 million in 2023, compared to Adjusted EBITDA loss of $(4.0) million in 2022 Cash used in operating activities was $(5.3) million in the fourth quarter of 2023, compared to cash provided by operating activities of $8.5 million in the fourth quarter...
However, EBITDA has certain limitations in that it does not reflect the impact of certain expenses on our consolidated statements of income, including interest expense, which is a necessary element of our costs because we have borrowed money in order to finance our operations, in...
“We are very pleased with our strong fourth quarter results, with revenue in line with our guidance, strong year-over-year margin expansion, and Adjusted EBITDA exceeding our guidance range,” said George Chamoun, CEO of ACV. “While dealer wholesale volumes remain below historical levels, new...