Alaris Equity Partners Income Trust Releases 2025 Second 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 Second 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, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (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 and six months ended June 30, 2025. All amounts below are in Canadian dollars unless otherwise noted.\n \n\n\n Highlights\n \n :\n \n\n\n Alaris’s Net book value\n \n (1)\n \n per unit of $23.57 at June 30, 2025 decreased by $0.77 from March 31, 2025. . The $0.59 in growth of per unit earnings from Q1 2025 was offset by $0.98 per unit unrealized foreign exchange loss related to the rise in the Canadian/US dollar exchange rate as well as the Trust’s quarterly distribution of $0.34 per unit;\n \n\n Total revenue and operating income increased by 20.9% to $34.5 million as compared to Q2 2024. The strong growth in both revenue and operating income was driven primarily from positive performance from nine of our Partner investments, which resulted in a $5.5 million net unrealized gain during Q2 2025;\n \n\n Year to date, the Trust, through its Acquisition Entities invested approximately $154 million into new and current Partners, including a follow-on US$21.5 million of preferred equity investment in The Shipyard, LLC. Alaris’ total invested capital in Shipyard is now US$108.5 million, inclusive of both preferred and common equity;\n \n\n Alaris’ Run Rate Revenue\n \n (5)\n \n reached approximately $183 million at the end of the quarter, up 12.5% from $162.6 million in Q2 2024 and up from $178 million in Q1 2025;\n \n\n The Trust, together with its Acquisition Entities, earned a total of $42.5 million of revenue from Partners, including $41.8 million of Partner distribution revenue and $0.7 million in third party fees in Q2 2025, which is relatively consistent to $42.3 million earned in Q2 2024;\n \n\n During the quarter, the Trust, through its normal course issuer bid (“\n \n NCIB\n \n ”), purchased and cancelled 133,600 units, which in addition to the 218,900 units in Q1 2025, results in a tota...

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