Business
SIMPLY SOLVENTLESS PROVIDES Q1 2025 GUIDANCE INCLUDING PROJECTED RECORD ANNUALIZED Q1 REVENUE OF $50.0 MILLION & NORMALIZED NET INCOME OF $12.0 MILLION ($0.10 PER DILUTED SHARE) AND APPOINTS THOMAS FACCIOLO AS VICE PRESIDENT, CONTINUOUS IMPROVEMENT AND PRODUCT DEVELOPMENT
Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC") is pleased to announce the appointment of Thomas Facciolo to the position of Vice President, Continuous Improvement & Product Development with SSC. SSC is also pleased to provide Q1 2025 guidance, including record projected annualized gross revenue of $50.0 million, annualized adjusted EBITDA of $13.2 million, and annualized normalized net income ("NNI") of $12.0 million.
About this update from Simply Solventless Concentrates Ltd
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./","length":92,"tagName":"p","attribs":{}},{"type":"text","content":"CALGARY, AB, April 1, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC") is pleased to announce the appointment of Thomas Facciolo to the position of Vice President, Continuous Improvement & Product Development with SSC. SSC is also pleased to provide Q1 2025 guidance, including record projected annualized gross revenue of $50.0 million, annualized adjusted EBITDA of $13.2 million, and annualized normalized net income ("NNI") of $12.0 million.","length":491,"tagName":"p"},{"type":"image","alt":"SSC Logo (CNW Group/Simply Solventless Concentrates Ltd.)","displaySize":"","headline":null,"caption":"SSC Logo (CNW Group/Simply Solventless Concentrates Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":191,"url":"https://media.zenfs.com/en/cnwgroup.com/4da0f99d1322cb36bbfa7c7b87f81c79"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gvMHAoAB1XZ3NRmxRhQbDA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzNztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/4da0f99d1322cb36bbfa7c7b87f81c79","width":400,"height":191}},"href":"https://mma.prnewswire.com/media/2654721/Simply_Solventless_Concentrates_Ltd__SIMPLY_SOLVENTLESS_PROVIDES.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Appointment of Thomas Facciolo as Vice President","length":48,"tagName":"p"},{"type":"text","content":"SSC is pleased to announce the appointment of Thomas Facciolo as SSC's Vice President, Continuous Improvement & Product Development. Raised in a family business environment, Thomas developed a strong foundation in finance, operations, and data-driven decision-making. Prior to joining SSC, Thomas held senior leadership roles with ANC Inc. ("ANC"), a wholly owned subsidiary of SSC acquired in October 2024, where he spearheaded major transformation programs and led high-performing teams to success. Passionate about continuous learning, Thomas actively mentors emerging leaders and champions collaboration to unlock innovation. As Vice President, Continuous Improvement and Innovation at SSC, Thomas is responsible for shaping and executing enterprise-wide strategies that enhance efficiency, fo...