Supremex Inc

OTC Pink - Current Information:SUMXFUnited StatesView on Canadian Exchange

------------------------ --------- ------- --------- ------- Restructuring expenses 2,064 147 2,125 402 ------------------------ --------- ------- --------- ------- Value adjustment on acquired inventory through a business combination -- -- (54) 78 ------------------------ --------- ------- --------- ------- Adjusted EBITDA 7,933 11,730 27,414 40,133 ------------------------ --------- ------- --------- ------- Adjusted EBITDA margin (%) 11.4% 16.8% 12.9% 17.5% ------------------------ --------- ------- --------- ------- Reconciliation of Net (loss) earnings to Adjusted net earnings and of Net (loss) earnings per share to Adjusted net earnings per share (in thousands of dollars, except for Three-month periods Nine-month periods per share amounts) ended September 30 ended September 30 ----------------------- ------------------------- 2024 2023 2024 2023 --------- ------- --------- ------- Net (loss) earnings (23,038) 5,001 (17,562) 16,610 ------------------------ --------- ------- --------- ------- Adjustments, net of income taxes ------------------------ ------------- -------- ------------- ---------- COVID-related subsidies -- (1,068) -- (1,068) ------------------------ --------- ------- --------- ------- Acquisition costs related to business combinations (5) 7 77 201 ------------------------ --------- ------- --------- ------- Asset impairment 22,560 -- 22,616 -- ------------------------ --------- ------- --------- ------- Restructuring expenses 1,527 109 1,572 297 ------------------------ --------- ------- --------- ------- Value adjustment on acquired inventory through a business combination -- -- (40) 59 ------------------------ --------- ------- --------- ------- Adjusted net earnings 1,044 4,049 6,663 16,099 ------------------------ --------- ------- --------- ------- Net (loss) earnings per share (0.92) 0.19 (0.70) 0.64 ------------------------ --------- ------- --------- ------- Adjustments, net of income taxes, per share 0.96 (0.03) 0.97 (0.02) ------------------------ --------- ------- --------- ------- Adjusted net earnings per share 0.04 0.16 0.27 0.62 ------------------------ --------- ------- --------- ------- Reconciliation of Cash flows related to operating activities to Free cash flow (in Three-month periods Nine-month periods thousands of dollars) ended September 30 ended September 30 ------------------------ ----------------------- ----------------------- 2024 2023 2024 2023 ------------------------ -------- -------- --------- -------- Cash flows related to operating activities 7,568 11,538 22,886 29,085 ------------------------ -------- -------- --------- -------- Acquisitions (net of disposals) of property, plant and equipment (189) 212 212 (4,085) ------------------------ -------- -------- --------- -------- Acquisitions of intangible assets (10) (104) (76) (143) ------------------------ -------- -------- --------- -------- Free cash flow 7,369 11,646 23,022 24,857 ------------------------ -------- -------- --------- --------

Supremex Announces New Time for Its 2024 Third Quarter Results Conference Call

MONTREAL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Supremex Inc. ("Supremex" or the "Company") (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, will release its results for the third quarter ended September 30, 2024, after markets close on Wednesday, November 6, 2024. A conference call to discuss these results will be held on Thursday, November 7, 2024, at 8:30 a.m. (Eastern Time).