Alaris Equity Partners Income Trust Releases 2023 Third Quarter Results
CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust”) is pleased to announce its results for the three and nine months ended September 30, 2023. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted.
- For the three months ended September 30, 2023, revenue per unit increased by 9.5% compared to the same period in 2022.
- The majority of the common Distributions relate to a US$5.9 million common dividend declared by Fleet Advantage, LLC ("Fleet").
- The Trust deployed approximately $130.1 million in the nine months ended September 30, 2023, consistent with Alaris’ acquisition of investments in its condensed consolidated interim statement of cash flows.
- Alaris expects total revenue from its Partners in Q4 2023 of approximately $39.9 million.