Income Statement Postmedia Network Canada Corp. OTC Markets

Stocks

PCDAF

CA73752W5028

Consumer Publishing

Delayed OTC Markets Other stock markets 20:10:00 2023-11-27 EST			5-day change	1st Jan Change
2.650 ^USD	-.--%		-.--%	-

05-12	Postmedia Network Canada to Exit Flyer Distribution Business by August; 250 Jobs Impacted	MT
05-05	TC Transcontinental Also In Three-year Agreement with Glacier Media To Print the Victoria Times Colonist	MT

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Published financial data: POSTMEDIA NETWORK CANADA CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2021	2022	2023	2024	2025
Revenues	426M	426M	411M	366M	404M
Other Revenues, Total	16.11M	32.08M	37.18M	29.59M	27.5M
Total Revenues	442M	458M	448M	396M	431M
Cost of Goods Sold, Total	234M	259M	231M	178M	190M
Gross Profit	208M	199M	218M	218M	241M
Selling General & Admin Expenses, Total	94.99M	112M	130M	138M	149M
Depreciation & Amortization - (IS)	11.18M	11M	12.89M	10.43M	12.93M
Amortization of Goodwill and Intangible Assets - (IS)	9.78M	9.34M	9.41M	8.08M	2.25M
Other Operating Expenses	77.13M	76.25M	78.62M	66.4M	68.48M
Other Operating Expenses, Total	193M	209M	231M	223M	232M
Operating Income	14.78M	-9.9M	-13.05M	-5.07M	8.89M
Interest Expense, Total	-30.41M	-31M	-33.99M	-37.18M	-42.44M
Net Interest Expenses	-30.41M	-31M	-33.99M	-37.18M	-42.44M
Currency Exchange Gains (Loss)	5.92M	-8.19M	-7.52M	1.18M	-6.05M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-9.71M	-49.08M	-54.56M	-41.07M	-39.6M
Restructuring Charges	-5.92M	-5.88M	-25.78M	-9.14M	-24.26M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-7.84M	-	-	-
Gain (Loss) On Sale Of Investments	11.93M	-3.87M	-470K	1.08M	526K
Gain (Loss) On Sale Of Assets	507K	-260K	8.24M	-156K	2.57M
Asset Writedown	-26.16M	-7.9M	-	-	-16.5M
Other Unusual Items	63.08M	123K	-	-367K	-
EBT, Incl. Unusual Items	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Earnings From Continuing Operations	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Net Income - (IS)	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Net Income to Common Incl Extra Items	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Net Income to Common Excl. Extra Items	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Per Share Items
Net EPS - Basic	0.36	-0.78	-0.73	-0.5	-0.78
Basic EPS - Continuing Operations	0.36	-0.78	-0.73	-0.5	-0.78
Basic Weighted Average Shares Outstanding	93.74M	95.87M	98.82M	98.93M	99.04M
Net EPS - Diluted	0.34	-0.78	-0.73	-0.5	-0.78
Diluted EPS - Continuing Operations	0.34	-0.78	-0.73	-0.5	-0.78
Diluted Weighted Average Shares Outstanding	98.75M	95.87M	98.82M	98.93M	99.04M
Normalized Basic EPS	-0.06	-0.32	-0.35	-0.26	-0.25
Normalized Diluted EPS	-0.06	-0.32	-0.35	-0.26	-0.25
Supplemental Items
EBITDA	25.95M	1.34M	432K	5.95M	18.4M
EBITA	14.78M	-9.65M	-12.46M	-4.48M	10.03M
EBIT	14.78M	-9.9M	-13.05M	-5.07M	8.89M
Total Revenues (As Reported)	442M	458M	448M	396M	431M
Normalized Net Income	-6.07M	-30.68M	-34.1M	-25.67M	-24.75M
Interest Capitalized	-	-	-	-	608K
Interest on Long-Term Debt	30.41M	31M	33.99M	37.18M	42.44M
Non-Cash Pension Expense	-62.31M	-677K	809K	559K	273K
Supplemental Operating Expense Items
Selling and Marketing Expenses	94.99M	112M	130M	138M	149M
Stock-Based Comp., COGS (Total)	-	1.4M	950K	814K	449K
Stock-Based Comp., Other (Total)	645K	-	-	-	-
Total Stock-Based Compensation	645K	1.4M	950K	814K	449K

Fiscal Period: August	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	62M	12.06M	6.19M	2.45M	3.28M
Total Cash And Short Term Investments	62M	12.06M	6.19M	2.45M	3.28M
Accounts Receivable, Total	41.26M	42.12M	40.46M	42.23M	47.27M
Other Receivables	-	7M	6.3M	11.7M	11.9M
Total Receivables	41.26M	49.12M	46.76M	53.93M	59.17M
Inventory	3.35M	4.95M	3.41M	2.32M	1.62M
Prepaid Expenses	8.7M	8.28M	8.84M	8.52M	6.45M
Restricted Cash	437K	730K	6.97M	-	-
Other Current Assets, Total	17.73M	17.73M	2.56M	2.56M	-
Total Current Assets	133M	92.86M	74.73M	69.78M	70.51M
Gross Property Plant And Equipment	228M	221M	187M	169M	159M
Accumulated Depreciation	-116M	-124M	-112M	-114M	-121M
Net Property Plant And Equipment	112M	96.84M	75.08M	54.87M	37.53M
Other Intangibles, Total	23.79M	17.93M	16.24M	19.87M	15.31M
Other Long-Term Assets, Total	6.91M	3.74M	3.34M	4.4M	4.67M
Total Assets	276M	211M	169M	149M	128M
Liabilities
Accounts Payable, Total	11.99M	17.85M	16.25M	13.89M	24.28M
Accrued Expenses, Total	37.61M	21.59M	19.36M	22.73M	25.52M
Short-term Borrowings	-	-	-	1.88M	3.51M
Current Portion of Long-Term Debt	7.41M	13M	17.77M	29.51M	-
Current Portion of Leases	8.12M	8.31M	8.32M	7.77M	7.74M
Unearned Revenue Current, Total	22.35M	21.26M	17.84M	16.72M	16.13M
Other Current Liabilities	2.26M	3.77M	10.2M	1.51M	1.25M
Total Current Liabilities	89.74M	85.78M	89.74M	94.02M	78.43M
Long-Term Debt	248M	261M	293M	323M	389M
Long-Term Leases	33.16M	27.75M	24.29M	19.34M	12.78M
Pension & Other Post Retirement Benefits	44.75M	38.17M	35.13M	33.03M	30.08M
Other Non Current Liabilities	-	-	-	1.22M	16.75M
Total Liabilities	416M	413M	442M	471M	527M
Common Stock, Total	811M	820M	820M	820M	820M
Additional Paid In Capital	16.57M	17.97M	18.92M	19.51M	19.96M
Retained Earnings	-967M	-1.04B	-1.11B	-1.16B	-1.24B
Total Common Equity	-140M	-201M	-272M	-322M	-399M
Total Equity	-140M	-201M	-272M	-322M	-399M
Total Liabilities And Equity	276M	211M	169M	149M	128M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	93.74M	98.82M	98.82M	99.04M	99.04M
ECS Total Common Shares Outstanding	93.74M	98.82M	98.82M	99.04M	99.04M
Book Value / Share	-1.49	-2.04	-2.76	-3.25	-4.03
Tangible Book Value	-164M	-219M	-289M	-342M	-414M
Tangible Book Value Per Share	-1.74	-2.22	-2.92	-3.45	-4.18
Total Debt	297M	310M	343M	382M	413M
Net Debt	235M	298M	337M	379M	410M
Debt Equivalent of Unfunded Proj. Benefit Obligation	9.95M	7.81M	7.22M	6.48M	5.62M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	2.46M	3.83M	2.31M	1.27M	728K
Inventories - Others	888K	1.12M	1.1M	1.05M	887K
Land - (BS)	17.96M	16.93M	13.54M	12.12M	11.19M
Buildings, Total	34.61M	33.2M	25.94M	20.25M	15.33M
Machinery, Total	140M	140M	121M	117M	118M
Full Time Employees	-	-	-	1.51K	-
Accumulated Allowance for Doubtful Accounts (Supple)	11.26M	7.3M	5.5M	5.05M	4.03M

Fiscal Period: August	2021	2022	2023	2024	2025
Net Income	33.73M	-74.71M	-72.57M	-49.66M	-77.26M
Depreciation & Amortization - CF	17.82M	17.23M	19.82M	16.27M	12.93M
Amortization of Goodwill and Intangible Assets - (CF)	-	244K	587K	586K	1.14M
Depreciation & Amortization, Total	17.82M	17.47M	20.4M	16.86M	14.07M
Amortization of Deferred Charges, Total - (CF)	3.13M	2.87M	1.9M	1.65M	1.11M
(Gain) Loss From Sale Of Asset	-507K	260K	-8.24M	156K	-2.57M
Asset Writedown & Restructuring Costs	26.16M	15.74M	-	-	16.5M
Stock-Based Compensation (CF)	645K	1.4M	950K	814K	449K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-59.76M	35.4M	32.94M	28.78M	61.83M
Change In Accounts Receivable	24.29M	1.49M	2.35M	-3.7M	-5.24M
Change In Inventories	-88K	-1.32M	1.54M	1.31M	703K
Change In Accounts Payable	-3.17M	-17.35M	2.27M	-9.37M	1.72M
Change in Unearned Revenues	-2.02M	-2.06M	-3.48M	-2.94M	-589K
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-1.22M	-660K	-1.47M	-919K	1.29M
Cash from Operations	39.02M	-21.46M	-23.41M	-17.01M	12.01M
Capital Expenditure	-2.48M	-2M	-502K	-575K	-770K
Sale of Property, Plant, and Equipment	5.89M	2.74M	29.46M	6.12M	8.53M
Cash Acquisitions	-	-6.64M	-	-1M	-
Sale (Purchase) of Intangible assets	-449K	-948K	-794K	-1.29M	-1.82M
Other Investing Activities, Total	8.98M	-	-	-	-
Cash from Investing	11.94M	-6.85M	28.17M	3.26M	5.94M
Short Term Debt Issued, Total	-	-	-	5M	-
Long-Term Debt Issued, Total	-	8M	52.6M	57.84M	11.84M
Total Debt Issued	-	8M	52.6M	62.84M	11.84M
Short Term Debt Repaid, Total	-	-	-	-	-5M
Long-Term Debt Repaid, Total	-41.73M	-28.91M	-56.99M	-57.49M	-21.89M
Total Debt Repaid	-41.73M	-28.91M	-56.99M	-57.49M	-26.89M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	2.96M	-711K	-6.24M	4.66M	-2.08M
Cash from Financing	-38.76M	-21.62M	-10.63M	10.01M	-17.14M
Net Change in Cash	12.2M	-49.94M	-5.87M	-3.74M	824K
Supplemental Items
Cash Interest Paid	7.94M	6.38M	9.86M	3.54M	3.25M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	43.16M	-25.84M	4.01M	-16.54M	4.5M
Unlevered Free Cash Flow	62.16M	-6.47M	25.25M	6.7M	31.03M
Change In Net Working Capital	-34.25M	19.08M	-11.45M	7.59M	-12.43M
Net Debt Issued / Repaid	-41.73M	-20.91M	-4.39M	5.35M	-15.05M

Fiscal Period: August	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.01	-2.54	-4.28	-1.99	4.01
Return on Total Capital	5.9	-4.65	-9.1	-4.86	15.05
Return On Equity %	-22.19	43.83	30.65	16.72	21.44
Return on Common Equity	-22.19	43.83	30.65	16.72	21.44
Margin Analysis
Gross Profit Margin %	46.99	43.38	48.58	55	55.92
SG&A Margin	21.47	24.47	28.99	34.84	34.47
EBITDA Margin %	5.87	0.29	0.1	1.5	4.27
EBITA Margin %	3.34	-2.11	-2.78	-1.13	2.32
EBIT Margin %	3.34	-2.16	-2.91	-1.28	2.06
Income From Continuing Operations Margin %	7.62	-16.3	-16.18	-12.54	-17.9
Net Income Margin %	7.62	-16.3	-16.18	-12.54	-17.9
Net Avail. For Common Margin %	7.62	-16.3	-16.18	-12.54	-17.9
Normalized Net Income Margin	-1.37	-6.69	-7.6	-6.48	-5.74
Levered Free Cash Flow Margin	9.76	-5.64	0.89	-4.18	1.04
Unlevered Free Cash Flow Margin	14.05	-1.41	5.63	1.69	7.19
Asset Turnover
Asset Turnover	1.44	1.88	2.36	2.49	3.12
Fixed Assets Turnover	3.63	4.39	5.22	6.09	9.34
Receivables Turnover (Average Receivables)	7.98	10.94	9.96	8.86	9.03
Inventory Turnover (Average Inventory)	70.97	62.53	55.19	62.23	96.72
Short Term Liquidity
Current Ratio	1.49	1.08	0.83	0.74	0.9
Quick Ratio	1.15	0.71	0.59	0.6	0.8
Operating Cash Flow to Current Liabilities	0.43	-0.25	-0.26	-0.18	0.15
Days Sales Outstanding (Average Receivables)	45.73	33.35	36.64	41.31	40.43
Days Outstanding Inventory (Average Inventory)	5.14	5.84	6.61	5.88	3.77
Average Days Payable Outstanding	18.33	20.86	27.17	31.16	36.76
Cash Conversion Cycle (Average Days)	32.54	18.32	16.09	16.04	7.44
Long Term Solvency
Total Debt/Equity	-212.55	-154.04	-125.93	-118.59	-103.51
Total Debt / Total Capital	188.85	285.06	485.72	637.99	2.95K
LT Debt/Equity	-201.43	-143.45	-116.34	-106.42	-100.69
Long-Term Debt / Total Capital	178.98	265.46	448.76	572.52	2.87K
Total Liabilities / Total Assets	150.58	195.2	260.77	316.1	411.65
EBIT / Interest Expense	0.49	-0.32	-0.38	-0.14	0.21
EBITDA / Interest Expense	1.07	0.24	0.22	0.32	0.54
(EBITDA - Capex) / Interest Expense	0.99	0.18	0.2	0.3	0.52
Total Debt / EBITDA	9.11	40.93	46.62	32.37	17.99
Net Debt / EBITDA	7.21	39.34	45.78	32.16	17.84
Total Debt / (EBITDA - Capex)	9.86	55.67	50.04	34.03	18.61
Net Debt / (EBITDA - Capex)	7.8	53.5	49.13	33.81	18.46
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-12.99	3.59	-2.12	-11.72	8.98
Gross Profit, 1 Yr. Growth %	-22.47	7.55	9.6	-0.05	10.8
EBITDA, 1 Yr. Growth %	-51.74	-54.56	-67.79	1.28K	209.41
EBITA, 1 Yr. Growth %	-64.92	17.39	29.09	-64.03	-323.76
EBIT, 1 Yr. Growth %	-62.42	20.36	31.83	-61.15	-275.4
Earnings From Cont. Operations, 1 Yr. Growth %	-308.79	-321.53	-2.87	-31.56	55.56
Net Income, 1 Yr. Growth %	-308.79	-321.53	-2.87	-31.56	55.56
Normalized Net Income, 1 Yr. Growth %	-178.94	50.07	11.15	-24.72	-3.59
Diluted EPS Before Extra, 1 Yr. Growth %	-297.31	-329.41	-5.85	-31.64	55.39
Accounts Receivable, 1 Yr. Growth %	-37.06	17.8	-3.93	4.37	11.93
Inventory, 1 Yr. Growth %	2.7	47.85	-31.15	-31.98	-30.33
Net Property, Plant and Equip., 1 Yr. Growth %	-14.89	-13.56	-22.47	-26.91	-31.61
Total Assets, 1 Yr. Growth %	-18.01	-23.47	-19.87	-12.08	-14.03
Tangible Book Value, 1 Yr. Growth %	-20.46	34.04	31.66	18.42	21.25
Common Equity, 1 Yr. Growth %	-14.93	44.03	35.32	18.18	23.98
Cash From Operations, 1 Yr. Growth %	-12.96	-155.01	-1.83	-27.34	-170.64
Capital Expenditures, 1 Yr. Growth %	0.73	-18.99	-74.96	14.54	33.91
Levered Free Cash Flow, 1 Yr. Growth %	90.99	-189.79	-115.5	-512.67	-127.22
Unlevered Free Cash Flow, 1 Yr. Growth %	48.93	-113.54	-490.18	-73.46	362.94
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-15.51	-5.06	0.69	-7.05	-1.92
Gross Profit, 2 Yr. CAGR %	-13.69	-13.89	8.57	4.66	5.23
EBITDA, 2 Yr. CAGR %	-18.68	-84.21	-61.74	110.61	552.7
EBITA, 2 Yr. CAGR %	-18.66	-52.13	23.1	-31.86	-10.28
EBIT, 2 Yr. CAGR %	-4.08	-49.83	25.96	-28.44	-17.46
Earnings From Cont. Operations, 2 Yr. CAGR %	118.46	115.06	46.69	-18.47	3.18
Net Income, 2 Yr. CAGR %	131.81	115.06	46.69	-18.47	3.18
Normalized Net Income, 2 Yr. CAGR %	-19.66	99.8	29.15	-8.52	-14.81
Diluted EPS Before Extra, 2 Yr. CAGR %	106.16	112.76	46.97	-19.78	3.06
Accounts Receivable, 2 Yr. CAGR %	-24.42	-19.84	6.38	0.13	8.08
Inventory, 2 Yr. CAGR %	-2.94	23.22	0.89	-31.57	-31.16
Net Property, Plant and Equip., 2 Yr. CAGR %	0.99	-14.23	-18.14	-24.73	-29.3
Total Assets, 2 Yr. CAGR %	-3.9	-20.79	-21.69	-16.06	-13.06
Tangible Book Value, 2 Yr. CAGR %	-8.85	3.26	32.84	24.86	19.83
Common Equity, 2 Yr. CAGR %	1.2	10.7	39.61	26.46	21.05
Cash From Operations, 2 Yr. CAGR %	112.85	-30.81	-22.55	-15.55	-28.36
Capital Expenditures, 2 Yr. CAGR %	-25.94	-9.67	-54.96	-46.45	23.85
Levered Free Cash Flow, 2 Yr. CAGR %	46.58	6.95	-62.69	-20.01	5.99
Unlevered Free Cash Flow, 2 Yr. CAGR %	421.64	-60.63	-27.31	1.77	10.85
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-13.2	-9.57	-4.09	-3.63	-1.98
Gross Profit, 3 Yr. CAGR %	-12.32	-10.69	-6.68	5.62	6.67
EBITDA, 3 Yr. CAGR %	-21.66	-67.55	-79.97	26.32	139.42
EBITA, 3 Yr. CAGR %	-23.36	-24.39	-33.37	-18.31	1.29
EBIT, 3 Yr. CAGR %	-15.2	-14.9	-30.77	-14.9	-3.51
Earnings From Cont. Operations, 3 Yr. CAGR %	-0.14	119.48	65.01	13.77	1.12
Net Income, 3 Yr. CAGR %	-0.14	128.33	65.01	13.77	1.12
Normalized Net Income, 3 Yr. CAGR %	4.23	48.33	64.33	7.89	-6.91
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.01	113.63	62.13	13.87	0
Accounts Receivable, 3 Yr. CAGR %	-15.37	-16.46	-14.85	5.71	3.92
Inventory, 3 Yr. CAGR %	-18.65	11.68	1.49	-11.53	-31.16
Net Property, Plant and Equip., 3 Yr. CAGR %	-10.15	-4.12	-17.07	-21.17	-27.09
Total Assets, 3 Yr. CAGR %	-7.88	-10.92	-20.48	-18.61	-15.39
Tangible Book Value, 3 Yr. CAGR %	-0.72	3.66	11.97	27.85	23.65
Common Equity, 3 Yr. CAGR %	14.45	13.84	18.36	32.07	25.63
Cash From Operations, 3 Yr. CAGR %	13.34	35.58	-19.47	-24.18	-20.43
Capital Expenditures, 3 Yr. CAGR %	37.84	-23.7	-41.1	-38.53	-27.31
Levered Free Cash Flow, 3 Yr. CAGR %	-24.78	8.76	-43.82	-16.87	-44.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	-19.37	41.49	-15.43	-48.05	68.62
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-12.46	-9.49	-7.89	-8.57	-3.23
Gross Profit, 5 Yr. CAGR %	-11.1	-9.39	-6.71	-4.84	-2.08
EBITDA, 5 Yr. CAGR %	-15.4	-49.6	-61.92	-31.43	-19.3
EBITA, 5 Yr. CAGR %	-17.16	-11.8	-17.61	-27.47	-24.95
EBIT, 5 Yr. CAGR %	-9.53	-3.16	-11.64	-20.6	-25.72
Earnings From Cont. Operations, 5 Yr. CAGR %	-37.75	145.14	16.46	47.69	36.75
Net Income, 5 Yr. CAGR %	-37.46	10.79	16.46	51.24	36.75
Normalized Net Income, 5 Yr. CAGR %	-27.73	23.28	44.79	22.25	26.35
Diluted EPS Before Extra, 5 Yr. CAGR %	-71.85	144.07	15.23	44.38	35.26
Accounts Receivable, 5 Yr. CAGR %	-12.84	-10.7	-9.88	-10.18	-6.33
Inventory, 5 Yr. CAGR %	-13.8	-3.78	-11.33	-8.19	-13.11
Net Property, Plant and Equip., 5 Yr. CAGR %	-15.62	-13.04	-13.44	-12.96	-22.2
Total Assets, 5 Yr. CAGR %	-11.44	-14.47	-13.67	-13.02	-17.59
Tangible Book Value, 5 Yr. CAGR %	-22.78	5	11.54	11.67	15.05
Common Equity, 5 Yr. CAGR %	-21.82	18.5	23.92	18.73	19.43
Cash From Operations, 5 Yr. CAGR %	42.76	-9.99	-2.67	14.58	-23.15
Capital Expenditures, 5 Yr. CAGR %	-26.75	-10.96	-11.88	-33.77	-20.71
Levered Free Cash Flow, 5 Yr. CAGR %	1.67	-17.94	-47.6	-3.82	-27.58
Unlevered Free Cash Flow, 5 Yr. CAGR %	-6.09	-33.29	-26.61	24.02	-5.76