September 26, 2022
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making information

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making information and on the transfer at this time.

Freshii Inc. (FRII-T) introduced that its founder Matthew Corrin has been named govt chairman of the corporate, Daniel Haroun has been promoted to CEO and Victor Diab will be a part of the corporate as CFO, efficient at this time.

The corporate additionally reported revenues of $9.6-million, in comparison with $3.7-million a 12 months in the past.

Its internet loss was $2.4-million in comparison with internet lack of $1.3-million final 12 months. Its adjusted internet loss was $1.4-million in comparison with an adjusted internet lack of $0.5-million a 12 months in the past.

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Rogers Sugar Inc. (RSI-T) reported income of $253.3-million for its second quarter versus income of $215.9-million a 12 months in the past. The expectation was for income of $233.8-million.

Internet earnings of $8.6-million or 8 cents per share in comparison with earnings of $10.8-million or 10 cents a 12 months earlier. Adjusted earnings of $9.1-million or 9 cents in comparison with adjusted earnings of $7.8-million or 7 cents a 12 months in the past.

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Softchoice Corp. (SFTC-T)  reported first-quarter product sales of US$466.6-million, up from US$434.9-million a 12 months in the past. Internet gross sales of US$222.9-million in comparison with US$233.2-million a 12 months in the past. The expectation was for internet gross sales of US$235.5-million for the most recent quarter.

Internet earnings of US$3.7-million or 6 US cents per share in comparison with a lack of US$2-million or 4 US cents per share a 12 months in the past. Adjusted EPS got here in at 7 US cents per share.

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Knight Therapeutics Inc. (GUD-T) reported revenues have been $63.8-million, up from $46.1-million final 12 months. the consequence was forward of expectations of $56.4-million.

Its internet loss was $18.8-million in comparison with internet earnings of $3.6-million in the identical interval within the prior 12 months.

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Medical Amenities Corp. (DR-T) reported income of US$102.6- million up from US$98.1-million a 12 months in the past. The consequence was above expectations of US$100-million.

Its internet loss was US$1.1-million or 26 US cents per share versus a revenue of US$10.3-million or 11 US cents a 12 months in the past.

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Quarterhill Inc. (QTRH-T) reported that first-quarter income was $168.5 million up from $19.3-million a 12 months in the past. The expectation was for income of $132.3-million.

Internet earnings of $56.9-million or 44 cents per share in comparison with a lack of $4.3-million or 4 cents a 12 months in the past.

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Effectively Well being Applied sciences Corp. (WELL-T) reported first-quarter file quarterly income of $126.5-million in comparison with income of $25.6-million generated a 12 months in the past, which it mentioned was pushed by acquisitions and natural development. The consequence was forward of expectations of $119.8-million, in line with S&P Capital IQ.

Adjusted EBITDA was $23.5-million in comparison with adjusted EBITDA of $0.5 million a 12 months in the past.

Adjusted internet earnings was $8.6-million or 4 cents per share was in step with expectations and in comparison with an adjusted internet lack of $2.4 million or a penny per share final 12 months.

The corporate additionally elevated its steering for 2022 annual income to exceed $525-million, from the earlier steering of over $500-million.

The corporate additionally introduced a $30-million bought-deal financing. It mentioned a gaggle of underwriters will purchase 8,109,000 shares for $3.70 every.

Effectively Well being mentioned it has obtained “indications of curiosity” for lead orders in reference to the providing from a big Worldwide Sovereign Wealth Fund and Hong Kong businessman and investor Mr. Li Ka-shing.

The corporate mentioned it intends to make use of the web proceeds to fund development initiatives, “together with potential future acquisitions within the areas of doctor acquisition, higher-margin specialty clinics and govt well being alternatives, and for working capital and common company functions.”

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Bellus Well being Inc. (BLU-T) reported a internet lack of US$14.4 million or 13 US cents per share for the primary quarter, in comparison with US$15.8-million or 20 US cents per share for a similar interval in 2021.

“The lower in internet loss is primarily attributable to decrease analysis and improvement bills in relation to the event of BLU-5937,” the corporate acknowledged.

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CareRx Corp. (CRRX-T) reported that its income elevated 108 per cent to $93.2-million within the first quarter from $44.9-million a 12 months in the past. The consequence was forward of expectations of $91.9-million for the most recent quarter.

Adjusted EBITDA elevated 111 per cent to $8.6-million from $4.1-million final 12 months.

The corporate additionally reported a internet lack of $2.8-million or 6 cents per share, an enchancment from a lack of $5.9-million or 21 cents a 12 months in the past.

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Pollard Banknote Ltd. (PBL-T) reported that its first-quarter gross sales reached $113.9-million, up 1.5 per cent from the primary quarter of 2021. The expectation was for income of $117.1-million within the newest quarter.

Internet earnings of $6.4-million in comparison with internet earnings of $7.5-million a 12 months in the past.

Adjusted EBITDA of $19-million decreased from $23.3-million within the first quarter of 2021.

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GreenFirst Forest Merchandise Inc. (GFP-T) reported first-quarter internet gross sales of $158.1-million up from $143-million a 12 months in the past.

Internet earnings have been $34-million or 18 cents per share in comparison with $8-million or 4 cents per share a 12 months in the past, which was the corporate’s first full quarter working its acquired forest-products property.

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Interfor Corp. (IFP-T) recorded internet earnings of $397-million or $6.69 per share within the first quarter, in comparison with $264.5-million or $4.01 per share a 12 months in the past.

Adjusted internet earnings have been $392.5-million in comparison with $270.6-million a 12 months in the past.

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Gross sales of $1.35-billion have been forward of expectations of $1.26-billion and in comparison with $849.3-million a 12 months in the past.

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Savaria Corp. (SIS-T) reported income of $183.5-million for the primary quarter up from $112.1-million a 12 months in the past. The expectation was for income of $182.4-mllion.

Internet earnings for the quarter have been $5.3-million or 8 cents per share versus $3.8-million or 7 cents final 12 months.

Adjusted internet earnings stood at $6.8-million or 10 cents per share in comparison with $6.4-million or 12 cents per share final 12 months.

Savaria additionally mentioned it expects to generate income in extra of $775-million for the 12 months, which compares to expectations of $777.7-million. Adjusted EBITDA is anticipated to be within the vary of $120-million to $130-million.

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Sierra Wi-fi Inc. (SW-T) reported that first-quarter income was US$173-million, a rise from US$108.1-million a 12 months in the past. “The improved efficiency was primarily as a result of robust demand and the belief of investments in stock. As well as, the primary quarter of 2021 was negatively impacted by the ransomware incident,” the corporate acknowledged.

Its internet loss from persevering with operations was US$13.9-million, in comparison with a lack of US$28.5-million within the first quarter of 2021.

Adjusted earnings from persevering with operations have been US$8.6-million or earnings of 23 US cents per share in comparison with a lack of US$9.6-million or 26 US cents per share within the first quarter of 2021.

The corporate mentioned it expects income within the second quarter to be within the vary of US$160-million to US$175-million. That’s above the expectation of US$144.6-million, in line with S&P Capital IQ.

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