Business
GreenFirst Reports Financial Results for the Fourth Quarter of 2025
GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company...
About this update from Greenfirst Forest Products Inc
[{"type":"text","content":"GreenFirst Reports Financial Results for the Fourth Quarter of 2025\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.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth18 { width: 18% }\n.bwwidth2 { width: 2% }\n.bwwidth3 { width: 3% }\n.bwwidth5 { width: 5% }\n.bwwidth54 { width: 54% }\n.bwwidth57 { width: 57% }\n \n\n\n\n GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) announced results for the year ended December 31, 2025. The Company’s audited financial statements (\"Financial Statements\") and related Management's Discussion and Analysis (\"MD&A\") for the year ended December 31, 2025 are available on GreenFirst’s website at\n \n www.greenfirst.ca\n \n and on SEDAR+ at\n \n www.sedarplus.ca\n \n .\n \n\n\n Highlights\n \n\n\n\n Q4 2025 net loss from continuing operations was $32.8 million or $1.43 loss per share (diluted), compared to net loss of $57.4 million or $2.54 loss per share (diluted) in Q3 2025. Adjusted EBITDA from continuing operations for Q4 2025 was negative $21.7 million (or negative $21.7 million excluding the impact of the duty liability resulting from adjustments to finalized duty rates under AR6) compared to negative $47.2 million in Q3 2025.\n \n\n Benchmark prices saw decreases during the quarter which resulted in an average realized lumber prices of $654/mfbm for Q4 2025 which was lower than the $695/mfbm pricing realized in Q3 2025.\n \n\n During the fourth quarter ended December 31, 2025, the Company identified that certain costs previously capitalized to inventory and subsequently expensed as cost of sales was more appropriately categorized as selling, general and administrative expenses during the year ended December 31, 2024....