Aimia Inc (FRA:GA7)

€ 1.76 0 (0%) Market Cap: 176.99 Mil Enterprise Value: 245.20 Mil PE Ratio: 0 PB Ratio: 0.49 GF Score: 58/100

Q3 2024 Aimia Inc Earnings Call Transcript

Nov 8, 2024 / 01:30 PM GMT

Release Date Price: €1.66 (-1.78%)

Transcript

Key Points

Positve

Aimia Inc (AIMFF) reported a 13% increase in consolidated revenue, reaching $129.1 million.
Adjusted EBITDA rose by 55% to $15 million, driven by strong performance from core holdings.
The company reached a settlement with its largest shareholder, Miac, which is expected to lift share price overhang.
Aimia Inc (AIMFF) formed a Strategic Review Committee to unlock growth potential and optimize capital structures.
The company successfully monetized its investment in Capital A, crystallizing almost $26 million from the sale of shares and warrants.

Negative

Net loss for the period was $1.9 million, although improved from a previous loss of $32.5 million.
Cortland's adjusted EBITDA declined by $300,000 due to advisory fees for a business transformation initiative.
Clear Media faced continued soft demand due to the slow recovery of the Chinese economy.
Cognitive is facing financing challenges, leading to a $2.2 million provision for an expected credit loss.
Aimia Inc (AIMFF) anticipates a decline in cash position due to planned loan repayments by Betto.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AIM.TO - Aimia Inc
Q3 2024 Aimia Inc Earnings Call
Nov 08, 2024 / 01:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, ladies and gentlemen and welcome to the IMEA Inc third quarter, 2024 results conference call at this time. All lines are in a listen-only mode following the presentation. We welcome back a question and answer session. If at any time during this call, you require immediate assistance. Please press star zero for the operator. This call is being recorded on Friday, November 8th, 2024. I would now like to turn the conference over to Joe Racanelli, Vice President of Investor Relations. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you operator and Good morning. Everyone

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.