Picture of Glacier Media logo

GVC — Glacier Media News Story

0.000.00%
ca flag iconLast trade - 00:00
IndustrialsSpeculativeMicro CapSuper Stock

Glacier Media Q3 net income rises

Overview

Glacier Media Q3 revenue stable at C$40.3 mln, consistent with prior year

EBITDA increased to C$6.5 mln, driven by higher-margin revenue mix

Net income rose to C$6.7 mln

Outlook

Company did not provide specific future guidance in its press release

Result Drivers

REVENUE MIX - Shift towards higher-margin revenue streams, including subscriptions and data services, drove EBITDA growth

ADVERTISING DECLINE - Advertising revenues negatively impacted by market uncertainty and closure of community media publications

COST MANAGEMENT - EBITDA increase driven by closure of unprofitable print operations and strategic investment monitoring

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueC$40.26 mln
Q3 Net IncomeC$6.74 mln
Q3 CapexC$899,000
Q3 EBITDAC$6.52 mln
Q3 EBITDA Margin16.20%
Press Release: ID:nGNXnWTM1 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Glacier Media

See all news