Business
Exchange Income Corporation Generates Record First Quarter Results and Reiterates Fiscal 2025 Guidance
The Corporation Posts First Quarter Records for Revenue of $668 Million, Adjusted EBITDA ...
About this update from Exchange Income Corporation
[{"type":"text","content":"Exchange Income Corporation Generates Record First Quarter Results and Reiterates Fiscal 2025 Guidance\n\n\n .bwalignc { text-align: center; list-style-position: inside }\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.bwpadl4 { padding-left: 20px }\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.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth15 { width: 15% }\n.bwwidth2 { width: 2% }\n.bwwidth48 { width: 48% }\n.bwwidth50 { width: 50% }\n.bwwidth55 { width: 55% }\n.bwwidth68 { width: 68% }\n \n\n\n\n\n\n The Corporation Posts First Quarter Records for Revenue of $668 Million, Adjusted EBITDA\n \n\n\n\n 1\n \n\n\n\n of $130 Million, Free Cash Flow\n \n 1\n \n and Free Cash Flow Less Maintenance Capital Expenditures\n \n 1\n \n of $81 Million and $26 Million, respectively and Record Adjusted Net Earnings\n \n 1\n \n of $14 Million\n \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-months ending March 31, 2025. All amounts are in Canadian currency.\n \n\n\n Q1 Financial Highlights\n \n\n\n\n Record first quarter Revenue of $668 million, an increase of $67 million or 11% compared to the prior period.\n \n\n Adjusted EBITDA of $130 million, representing growth of $19 million over the prior period of 17% and setting another first quarter benchmark for the Corporation.\n \n\n Free Cash Flow first quarter record of $81 million representing growth of 32% compared to the prior period of $62 million.\n \n\n Net Earnings...