Aimia Inc. (TSE:AIM) has released an update.
Aimia Inc. has reported robust first-quarter financial results for 2024, with its subsidiaries Bozzetto and Cortland International driving growth in revenue and adjusted EBITDA. The company has articulated a strategy focused on enhancing shareholder value, which includes capitalizing on the growth potential of its core holdings, selling non-core assets, and optimizing its capital structure. Aimia expects an adjusted EBITDA of $80 to $85 million for its core businesses in 2024 and forecasts corporate operating costs around $13 million, excluding one-time expenses.
For further insights into TSE:AIM stock, check out TipRanks’ Stock Analysis page.
