Business

Continued Execution of Strategy, Operational Excellence and Diversification Results in Record Annual Results for Exchange Income Corporation

Company Posts Annual Records for each of Revenue of $2.7 Billion, Adjusted EBITDA 1 o...

articleExchange Income CorporationFebruary 26, 20253/company/exchange-income-corporation/news/continued-execution-of-strategy-operational-excellence-and-diversification-results-in-record-annual-results-for-exchange-income-corporation
Continued Execution of Strategy, Operational Excellence and Diversification Results in Record Annual Results for Exchange Income Corporation

About this update from Exchange Income Corporation

[{"type":"text","content":"Continued Execution of Strategy, Operational Excellence and Diversification Results in Record Annual Results for Exchange Income Corporation\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadl5 { padding-left: 25px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth19 { width: 19% }\n.bwwidth2 { width: 2% }\n.bwwidth3 { width: 3% }\n.bwwidth4 { width: 4% }\n.bwwidth46 { width: 46% }\n.bwwidth49 { width: 49% }\n.bwwidth52 { width: 52% }\n.bwwidth53 { width: 53% }\n.bwwidth54 { width: 54% }\n.bwwidth8 { width: 8% }\n.bwwidth9 { width: 9% }\n \n\n\n\n\n\n Company Posts Annual Records for each of Revenue of $2.7 Billion, Adjusted EBITDA\n \n\n\n 1\n \n\n\n of $628 Million, Adjusted Net Earnings\n \n\n\n 1\n \n\n\n of $147 million and Free Cash Flow\n \n\n\n 1\n \n\n\n\n\n Exchange Income Corporation (TSX: EIF) (“EIC” or the “Corporation”) a diversified, acquisition-oriented company focused on opportunities in the Aerospace & Aviation and Manufacturing segments, reported its financial results for the three- and twelve-month periods ended December 31, 2024. All amounts are in Canadian currency.\n \n\n\n 2024 Financial Highlights\n \n\n\n\n Record Revenue of $2.7 billion, an increase of $161 million or 6%.\n \n\n Record Adjusted EBITDA of $628 million which represents growth of $73 million or 13%.\n \n\n Net Earnings of $121 million compared to $122 million in the prior year.\n \n\n Record Adjusted Net Earnings of $147 million compared to $144 million.\n \n\n Free Cash Flow record of $409 million ...

More updates from Exchange Income Corporation