Alaris Equity Partners Income Trust Releases 2025 First Quarter Financial Results

About this update from Alaris Equity Partners Income Trust Trust Units Reg S 3c7

[{"type":"text","content":"Alaris Equity Partners Income Trust Releases 2025 First Quarter Financial Results\n\n\n\n\n NOT FOR DISTRIBUTION IN THE UNITED STATES.\n \n\n\n\n FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.\n \n\n\n CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (\n \n TSX-AD.UN\n \n ) (together, as applicable, with its subsidiaries, “\n \n Alaris\n \n ” or the \"\n \n Trust\n \n \") is pleased to announce its results for the three months ended March 31, 2025. The results are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board. All amounts below are in Canadian dollars unless otherwise noted.\n \n\n\n Highlights\n \n :\n \n\n\n For the period ended March 31, 2025, Alaris generated $0.12 per unit of additional Net book value\n \n (\n \n\n 1\n \n\n )\n \n , improving this metric to $24.34. Driving this increase is current quarter earnings of $0.50 per unit, offset by $0.34 of distributions to unitholders;\n \n\n During the quarter, the Trust, through its normal course issuer bid (“\n \n NCIB\n \n ”), purchased and cancelled 218,900 units, which reflects a $0.02 per unit of additional Net book value\n \n (\n \n\n 1\n \n\n )\n \n ;\n \n\n The Trust, together with its Acquisition Entities, earned $43.0 million of Partner distribution revenue in Q1 2025, an increase of $3.7 million or 9% for the three-month period as compared to Q1 2024. The period over period increase is primarily the result of new and follow-on investments made subsequent to Q1 2024, higher common distributions received and for preferred distributions that were subject to a reset, an increase of distributions of approximately 4% based on unaudited result from each of its Partners;\n \n\n Alaris’ net distributable cash flow\n \n (\n \n\n 2\n \n\n )\n \n for the three months ended March 31, 2025, of $30.4 million increased by 19% as compared to the three months ended March 31, 2024.\n \n\n The Actual Payout Ratio\n \n (\n \n\n 3\n \n\n )\n \n for the Trust, based on the Alaris net distributable cash\n \n (\n \n\n 2\n \n\n )\n \n flow for the three months ended March 31, 2025 was 59%, which is inclusive of the cash disbursements related to the quarters NCIB purchases;\n \n\n\n\n Following March 31,...

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