Adjusted gross income

DIRTT Reports Third Quarter 2022 Financial Results and Private Placement

Retrieved on: 
Monday, November 14, 2022

Revenue rose 37% to $46.7 million for the quarter, compared to the prior years third quarter, and 5% compared to second quarter 2022.

Key Points: 
  • Revenue rose 37% to $46.7 million for the quarter, compared to the prior years third quarter, and 5% compared to second quarter 2022.
  • Net loss improved to $(6.7) million by $8.7 million, or 56%, from the prior years third quarter and by $12.6 million, or 65%, from second quarter 2022.
  • We are pleased to see the improvement in key financial metrics in the third quarter compared to both the second quarter 2022 and prior years third quarter.
  • Third quarter 2022 revenues increased to $46.7 million by 5% and 37% over the second quarter of 2022 and the third quarter of 2021, respectively.

BBTV Announces Q3 2022 Financial Results

Retrieved on: 
Monday, November 14, 2022

These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective.

Key Points: 
  • These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective.
  • Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS.
  • Trends in Views affect revenue and financial results by influencing the Company's volume of salable media inventory, RPMs, as well as its product offerings, expenses and capital expenditures.
  • Forward-looking information is not information about historical facts but instead represents the Company's intentions, beliefs, plans, goals, objectives and strategies regarding future events and results, and includes certain financial outlooks.

Prenetics Announces Record Third Quarter 2022 Financial Results and Raises Full Year 2022 Revenue and EBITDA Guidance

Retrieved on: 
Thursday, November 10, 2022

Prenetics provides guidance based on current market conditions and expectations for revenue and adjusted EBITDA, which is a non-IFRS financial measure.

Key Points: 
  • Prenetics provides guidance based on current market conditions and expectations for revenue and adjusted EBITDA, which is a non-IFRS financial measure.
  • For full year 2022, Prenetics raises revenue guidance to the range of US$270 million to US$280 million and raises full year adjusted EBITDA guidance to the range of US$47 million to US$53 million.
  • Unaudited Financial Information and Non-IFRS Financial Measures has been provided in the financial statements tables included at the end of this press release.
  • An explanation of these measures is also included below under the heading "Unaudited Financial Information and Non-IFRS Financial Measures."

AWH ANNOUNCES Q3 2022 FINANCIAL RESULTS

Retrieved on: 
Thursday, November 10, 2022

Achieved $111.2M Net Revenue inQ3 2022, a 14.1% Increase Compared to Prior Quarter

Key Points: 
  • Achieved $111.2M Net Revenue inQ3 2022, a 14.1% Increase Compared to Prior Quarter
    Achieved Adjusted EBITDA of $27.8M, Representing a 25.0% Margin and 354 Basis Point Margin Expansion Compared to Prior Quarter
    NEW YORK, Nov. 10, 2022 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company" or "Ascend") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the three months ending September30, 2022 ("Q3 2022").
  • Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.
  • Reconciliations of these non-GAAP financial measures to the most directly comparable financial measure calculated and presented in accordance with GAAP are included in the financial schedules attached to this press release.
  • ET to discuss its financial results for the quarter ended September30, 2022.

Prenetics Announces Second Quarter 2022 Financial Results and Raises Full Year Adjusted EBITDA Outlook

Retrieved on: 
Friday, September 9, 2022

See the section titled "Unaudited Financial Information and Non-IFRS Financial Measures" and the table captioned "Reconciliation of (Loss)/Profit from Operations under IFRS and Adjusted EBITDA (Non-IFRS)" for more details.

Key Points: 
  • See the section titled "Unaudited Financial Information and Non-IFRS Financial Measures" and the table captioned "Reconciliation of (Loss)/Profit from Operations under IFRS and Adjusted EBITDA (Non-IFRS)" for more details.
  • Unaudited Financial Information and Non-IFRS Financial Measures has been provided in the financial statements tables included at the end of this press release.
  • An explanation of these measures is also included below under the heading "Unaudited Financial Information and Non-IFRS Financial Measures."
  • Unaudited Financial Information and Non-IFRS Financial Measures
    To supplement Prenetics' consolidated financial statements prepared in accordance with International Financial Reporting Standards ("IFRS"), the Company is providing non-IFRS measures, Adjusted EBITDA, adjusted gross profit and adjusted profit for the period.

WELL Health Reports Record Quarterly Revenue and Adjusted EBITDA in Q2-2022 and Raises Guidance for 3rd Straight Quarter

Retrieved on: 
Thursday, August 11, 2022

WELL achieved record Adjusted EBITDA(2)of $26.4 million in Q2-2022, compared to Adjusted EBITDA(2)of $11.9 million for Q2-2021.

Key Points: 
  • WELL achieved record Adjusted EBITDA(2)of $26.4 million in Q2-2022, compared to Adjusted EBITDA(2)of $11.9 million for Q2-2021.
  • WELL reported Adjusted Net Income(3) of $17.2 million in Q2-2022, compared to Adjusted Net Loss(3) of $1.2 million in Q2-2021.
  • WELL is increasing its guidance for 2022 annual revenue to exceed $550 million from the previous guidance for annual revenue to exceed $525 million.
  • We had a great quarter achieving 'best ever' results on both the top and bottom line without even being in our seasonally strongest quarter.

BBTV Announces Q2 2022 Financial Results

Retrieved on: 
Wednesday, August 10, 2022

These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective.

Key Points: 
  • These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective.
  • Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS.
  • Trends in Views affect revenue and financial results by influencing the Company's volume of salable media inventory, RPMs, as well as its product offerings, expenses and capital expenditures.
  • Forward-looking information is not information about historical facts but instead represents the Company's intentions, beliefs, plans, goals, objectives and strategies regarding future events and results, and includes certain financial outlooks.

DIRTT Releases Q2 2022 Financial Results

Retrieved on: 
Wednesday, July 27, 2022

CALGARY, Alberta, July 27, 2022 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (DIRTT or the Company) (Nasdaq: DRTT, TSX: DRT), a global leader in industrialized construction, today announced its financial results for the three months ended June 30, 2022.

Key Points: 
  • CALGARY, Alberta, July 27, 2022 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (DIRTT or the Company) (Nasdaq: DRTT, TSX: DRT), a global leader in industrialized construction, today announced its financial results for the three months ended June 30, 2022.
  • The midpoint of our 2022 guidance represents an approximately 22% increase over actual 2021 revenue of $147.6 million.
  • Geoffrey Krause, DIRTTs current Chief Financial Officer, announced his intention to retire from the Company, effective September 30, 2022.
  • These cost increases have been mitigated by the 5% price increase effective June 1, 2022 as well as an additional 10% price increase effective July 21, 2022 which we expect to see the impacts of beginning mid third quarter 2022.

Prenetics Announces First Quarter 2022 Financial Results After a Successful Listing on the Nasdaq under the Ticker “PRE.”

Retrieved on: 
Monday, June 6, 2022

Unaudited Financial Information and Non-IFRS Financial Measures has been provided in the financial statement tables included at the end of this press release.

Key Points: 
  • Unaudited Financial Information and Non-IFRS Financial Measures has been provided in the financial statement tables included at the end of this press release.
  • An explanation of these measures is also included below under the heading Unaudited Financial Information and Non-IFRS Financial Measures.
  • Management believes these non-IFRS financial measures are useful to investors in evaluating the Company's ongoing operating results and trends.
  • These non-IFRS financial measures are limited in value because they exclude certain items that may have a material impact on the reported financial results.

BBTV Announces Q1 2022 Financial Results and Raises Guidance on Plus Solutions Revenue Growth Rate

Retrieved on: 
Monday, May 16, 2022

These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective.

Key Points: 
  • These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective.
  • Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS.
  • We also believe that securities analysts, investors and other interested parties frequently use Key Metrics in the evaluation of issuers.
  • Trends in Views affect revenue and financial results by influencing the Company's volume of salable media inventory, RPMs, as well as its product offerings, expenses and capital expenditures.