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Imperial Metals Reports 2019 Financial Results
VANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for its fiscal y
About this update from Imperial Metals Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for its fiscal year ended December 31, 2019. Select Annual Financial Information Years Ended December 31 expressed in thousands, except share and per share amounts 2019 2018 2017 Continuing Operations: Total revenues $ 71,823 $ 104,437 $ 164,021 Net income (loss) $ (40,266 ) $ (109,464 ) $ 42,891 Net income (loss) per share $ (0.32 ) $ (0.92 ) $ 0.45 Diluted income (loss) per share $ (0.32 ) $ (0.92 ) $ 0.45 Adjusted net loss (1) $ (49,269 ) $ (68,622 ) $ (96,213 ) Adjusted net loss per share (1) $ (0.39 ) $ (0.58 ) $ (1.02 ) Adjusted EBITDA(1) $ (4,490 ) $ (3,334 ) $ (2,944 ) Cash flow (1)(2) $ (3,611 ) $ 106,468 $ 707 Cash flow per share (1)(2) $ (0.03 ) $ 0.90 $ 0.01 Discontinued Operations: Total revenues $ 164,993 $ 255,736 $ 289,092 Net income (loss) $ 362,002 $ (16,131 ) $ 34,222 Net income (loss) per share $ 2.85 $ (0.14 ) $ 0.36 Diluted income (loss) per share $ 2.85 $ (0.14 ) $ 0.36 Adjusted net income (loss) (1) $ 40,284 $ (16,141 ) $ 33,588 Adjusted net income (loss) per share (1) $ 0.32 $ (0.13 ) $ 0.66 Adjusted EBITDA(1) $ 142,858 $ 36,602 $ 91,401 Cash flow (1)(2) $ 23,822 $ 36,981 $ 87,674 Cash flow per share (1)(2) $ 0.19 $ 0.31 $ 0.93 Working capital (deficiency) $ 55,252 $ (789,470 ) $ (238,269 ) Total assets $ 1,058,502 $ 1,573,903 $ 1,723,768 Total debt (including current portion) $ 3,816 $ 871,268 $ 852,378 (1) Refer to table under heading Non-IFRS Financial Measures for further details. (2) Cash flow is defined as the cash flow from operations before the net change in non-cash working capital balances, income and mining taxes, and interest paid. Cash flow per share is defined as Cash flow divided by the weighted average number of ...