Business
Bri-Chem Announces 2021 Annual and Fourth Quarter Financial Results
Edmonton, Alberta--(Newsfile Corp. - March 30, 2022) - Bri-Chem Corp.  (TSX: BRY) 
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About this update from Bri-chem Corp.
[{"type":"text","content":"Bri-Chem Announces 2021 Annual and Fourth Quarter Financial ResultsEdmonton, Alberta--(Newsfile Corp. - March 30, 2022) - Bri-Chem Corp. (TSX: BRY) (\"Bri-Chem\" or \"Company\"), a North American oilfield chemical distribution and blending company, is pleased to announce its 2021 annual and fourth quarter financial results.   Three months ended     Twelve months ended         December 31 Change    December 31 Change (in '000s except per share amounts) 2021   2020 $ % 2021   2020 $ % Financial performance                   Sales $   18,544   $      9,473 $9,071 96% $  60,405   $    45,156 $15,249 34% Adjusted EBITDA(1) 1,408    (461) 1,869 405% 3,942      (1,267) 5,209 411% As a % of revenue 8%   -5%     7%   -3%     Adjusted operating earnings 1,143           (30) 1,173 3909% 2,862       (2,762) 5,624 204% Adjusted net earnings / (loss) (1) 784     (1,536) 2,320 151% 1,330        (5,017) 6,347 127% Net earnings / (loss) $     784   $ (1,541) $2,325 151% $   1,317   $    (5,148) $6,465 126% Diluted per share                        Adjusted EBITDA $    0.06   $ (0.02) $0.08 404% $       0.16   $   (0.05) $0.21 428%    Adjusted net (loss) / earnings $     0.05   $         (0.00) $0.05 3896% $       0.06   $          (0.21) $0.27 126%    Net earnings / (loss) $   0.03   $  (0.06) $0.10 151% $          0.05   $  (0.22) $0.27 125% Financial position                     Total assets           $  43,796   $   26,289 $17,507 67% Working capital           5,150  &#x...