Latest news with #Discussion&Analysis
Cision Canada
6 days ago
- Business
- Cision Canada
ATCO TO RELEASE SECOND QUARTER 2025 RESULTS ON JULY 31, 2025
ATCO Ltd. (ATCO) will release its financial results for the quarter ended June 30, 2025, on Thursday, July 31, 2025. The news release will be distributed via Cision ( and the results, including Financial Statements and Management's Discussion & Analysis, will be posted on View PDF ATCO will hold a live teleconference and webcast with Katie Patrick, Executive Vice President, Chief Financial & Investment Officer and Adam Beattie, President, Structures at 10:00 am Mountain Time (12:00 pm Eastern Time) on Thursday, July 31, 2025 at 1-833-821-0222. No pass code is required. Opening remarks will be followed by a question and answer period with investment analysts. Participants are asked to please dial-in 10 minutes prior to the start and request to join the ATCO teleconference. Management invites interested parties to listen via live webcast at: A replay of the teleconference will be available approximately two hours after the conclusion of the call until August 31, 2025. Please call 1-855-669-9658 and enter pass code 2903671. As a global enterprise, ATCO Ltd. and its subsidiary and affiliate companies have approximately 21,000 employees and assets of $27 billion. ATCO is committed to future prosperity by working to meet the world's essential energy, housing, security and transportation challenges. ATCO Structures designs, builds and delivers products to service the essential need for housing and shelter around the globe. ATCO Frontec provides operational support services to government, defence and commercial clients. ATCO Energy Systems delivers essential energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. ATCO Energy provides retail electricity and natural gas services, home maintenance services and professional home advice that bring exceptional comfort, peace of mind and freedom to homeowners and customers. ATCO also has investments in ports and transportation logistics, the processing and marketing of ash, retail food services and commercial real estate. More information can be found at Investor & Analyst Inquiries: Colin Jackson Senior Vice President, Financial Operations [email protected] (403) 808 2636 Media Inquiries: Kurt Kadatz Director, Corporate Communications [email protected] (587) 228 4571 Subscription Inquiries: To receive ATCO Ltd. news releases, please click here. SOURCE ATCO Ltd.
Cision Canada
6 days ago
- Business
- Cision Canada
CANADIAN UTILITIES TO RELEASE SECOND QUARTER 2025 RESULTS ON JULY 31, 2025
CALGARY, AB, July 10, 2025 /CNW/ - Canadian Utilities Limited (TSX: CU) Canadian Utilities Limited (Canadian Utilities) will release its financial results for the quarter ended June 30, 2025, on Thursday, July 31, 2025. The news release will be distributed via Cision ( and the results, including Financial Statements and Management's Discussion & Analysis, will be posted on View PDF Canadian Utilities will hold a live teleconference and webcast with Bob Myles, Chief Executive Officer, and Katie Patrick, Executive Vice President, Chief Financial & Investment Officer, at 9:00 am Mountain Time (11:00 am Eastern Time) on Thursday, July 31, 2025 at 1-833-821-3314. No pass code is required. Opening remarks will be followed by a question and answer period with investment analysts. Participants are asked to please dial-in 10 minutes prior to the start and request to join the Canadian Utilities teleconference. Management invites interested parties to listen via live webcast at: A replay of the teleconference will be available approximately two hours after the conclusion of the call until August 31, 2025. Please call 1-855-669-9658 and enter pass code 8121993. Canadian Utilities Limited and its subsidiary and affiliate companies have approximately 9,100 employees and assets of $24 billion. Canadian Utilities, an ATCO company, is a diversified global energy infrastructure corporation delivering essential services and innovative business solutions. ATCO Energy Systems delivers energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations segments. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. More information can be found at Media Inquiries: Kurt Kadatz Director, Corporate Communications [email protected] (587) 228 4571 Subscription Inquiries: To receive Canadian Utilities Limited news releases, please click here.
Yahoo
15-05-2025
- Business
- Yahoo
Kontrol Technologies Announces First Quarter 2025 Financial Results
TORONTO, May 15, 2025--(BUSINESS WIRE)--Kontrol Technologies Corp. ( (OTCQB:KNRLF) (FSE:1K8) ("Kontrol Technologies" or "Kontrol" or "Company") announces its results for the three months ended March 31, 2025. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR ( "As of Q1 2025 we have streamlined the Company and reduced operating expenses to align with the sale of our emission assets and a focus on our core operating business," says Paul Ghezzi, CEO Kontrol. "Our 2025 strategic plan includes adding new customers to our existing platform of approximately 400 buildings both through organic growth and by acquisition. In Q1 2025 we experienced delays in certain project revenues due to the uncertainties in the market created by tariff policy which has impacted large equipment manufacturers. Customers have been hesitant to engage in new upgrade projects without tariff certainty. We anticipate ongoing uncertainty until the end of Q2 2025." First Quarter 2025 Highlights Revenues for the three months ended March 31, 2025 were $1.5 million, compared to $3.8 million for the same quarter in the prior year. The comparative Q1 2024 figures includes CEM Specialties Inc. On June 24, 2024, the Company completed the sale of the operational net assets of this entity. Gross margin for the three months ended March 31, 2025 was 54%, compared to 62% for the same quarter in the prior year. Adjusted EBITDA for the three months ended March 31, 2025 was negative $(228,521) compared to $966,489 for the same quarter in the prior year. Net income (loss) for the three months ended March 31, 2025 was $(1.1) million compared to $533,487 for the same quarter in the prior year. The net loss is primarily related to the quarter over quarter revaluation of marketable securities and share based compensation. Under IFRS accounting policies the Company is required to take any quarter over quarter changes in its marketable securities as other income or loss on the income statement. The Company has eliminated all interest-bearing bank debt and has successfully achieved its financial objective to improve liquidity and leverage. As at March 31, 2025 the Company's aggregate cash and marketable securities balance was $11.2 million. Normal Course Issuer Bid During the three months ended March 31, 2025, the Company repurchased 734,000 common shares for a total of $130,000. Pursuant to the Normal Course Issuer Bid approved by Cboe Canada, Kontrol may purchase, from time to time, over a period of 12 months starting April 14th, 2025, and ending April 13th, 2026, up to 2,757,858 common shares. Q1 2025 Financial Summary Financial Results Three months ended (Unaudited) March 31, 2025 March 31, 2024 Revenue $1,493,383 $3,786,234 Gross profit $807,804 $2,332,075 Net income (loss) $(1,145,833) $533,487 Basic and diluted EPS $(0.02) $0.01 Add/Deduct for Adjusted EBITDA reconciliation: Amortization and depreciation $156,052 $222,383 Finance expense (income) $(30,208) $158,662 Revaluation of marketable securities $742,995 - Share based compensation $48,473 $51,957 Adjusted EBITDA $(228,521) $966,489 Adjusted EBITDA is a non-International Financial Reporting Standards ("IFRS") measure used by management that is not defined by IFRS. Adjusted EBITDA does not have a standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Management believes that Adjusted EBITDA provides meaningful and useful financial information as these measures demonstrate the operating performance of the business excluding non-cash charges. "Adjusted EBITDA" is calculated as net income or loss before interest, income taxes, amortization, and depreciation, share based compensation, acquisition related expenses, listing expense, gain or loss on sale of assets, revaluation and impairment of assets. Readers are cautioned that Adjusted EBITDA should not be construed as an alternative to net income as determined under IFRS; nor as an indicator of financial performance as determined by IFRS; nor a calculation of cash flow from operating activities as determined under IFRS; nor as a measure of liquidity and cash flow under IFRS. The Company's method of calculating Adjusted EBITDA may differ from methods used by other companies and, accordingly, the Company's Adjusted EBITDA may not be comparable to similar measures used by any other company. Kontrol Technologies Corp. Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management and accelerate the sustainability of all buildings. Additional information about Kontrol Technologies Corp. can be found on its website at and by reviewing its profile on SEDAR at Facebook X LinkedIn Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information. View source version on Contacts Kontrol Technologies Corp. Paul Ghezzi, CEOinfo@ 11 Cidermill Avenue, Suite 201Vaughan, ON L4K 4B6Tel: (905) 766.0400 Error while retrieving data Sign in to access your portfolio Error while retrieving data
Cision Canada
01-05-2025
- Business
- Cision Canada
Sagen MI Canada Inc. Reports First Quarter 2025 Results and Declares Preferred Share Dividend
TORONTO, May 1, 2025 /CNW/ - Sagen MI Canada Inc. (the " Company") (TSX: today reported first quarter 2025 net income of $131 million. First Quarter 2025 Financial Results Net income of $131 million was $14 million lower than the same quarter in the prior year, primarily due to lower investment income partially offset by higher net insurance service result. Preferred Dividends The Company also announced today that its Board of Directors had declared a dividend of $0.3375 per Class A preferred share, Series 1, payable on June 30, 2025, to holders of record at the close of business on June 13, 2025. Sagen MI Canada Inc. designates any and all dividends paid or deemed for Canadian federal, provincial or territorial income tax purposes to be paid as "eligible dividends", unless indicated otherwise in respect of dividends paid subsequent to this notification, and hereby notifies all recipients of such dividends of this designation. Detailed Operating Results For more information on the Company's operating results, please refer to the Company's Management's Discussion & Analysis as posted on SEDAR+ and available at This Press Release, as well as the Company's first quarter 2025 condensed consolidated Financial Statements and Management's Discussion & Analysis are also posted on the Investor section of the Company's website, Investors are encouraged to review all of these materials. About Sagen MI Canada Inc. Sagen MI Canada Inc., operating through its wholly owned subsidiary, Sagen Mortgage Insurance Company Canada (doing business as Sagen TM), is the largest private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. Sagen differentiates itself through customer service excellence, innovative processing technology, and a robust risk management framework. For more than two decades, the Company has supported the housing market by providing thought leadership and a focus on the safety and soundness of the mortgage finance system. As at March 31, 2025, the Company had $6.8 billion total assets and $2.9 billion shareholders' equity. Find out more at ______________________
