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Redishred Capital Corp (TSE:KUT)
:KUT
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Earnings Data
Report Date
Apr 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 29, 2018
|% Change Since: 0.82%
|Next Earnings Date:Aug 21, 2018
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance with significant growth in service revenue, EBITDA, and successful acquisitions. However, the impact of lower paper prices slightly affected recycling sales growth. Overall, the sentiment of the call was optimistic about the company's growth trajectory.Company Guidance
During the RediShred Capital Corp's Q3 2024 earnings call, the company reported a strong performance with a revenue increase to $17.9 million, up from $15.4 million in the same quarter of 2023. This growth was largely driven by a 20% rise in shredding revenue, with $1.5 million attributed to organic growth. The company's EBITDA also saw an increase, reaching $4.1 million, which is up by approximately $1 million compared to the previous year. Year-to-date figures showed total revenue at $53 million, up from $49.1 million in 2023, with EBITDA at $12.7 million. Additionally, RediShred completed several acquisitions, including Confidential Shredding, which is expected to enhance operational efficiency in the New York and New Jersey regions. The call also highlighted a significant development where Vital Records Control agreed to acquire all outstanding shares of the company for $5 per share, pending shareholder and court approval.Strong Service Revenue Growth
Service revenue grew by $2.5 million or 20% compared to last year, with $1.5 million or 12% in organic growth year-over-year.
Acquisition of Confidential Shredding
Completed acquisition of Confidential Shredding, enhancing route density and operations in the New York, New Jersey market.
Top Line Revenue Increase
Q3 2024 revenue grew to $17.9 million, compared to $15.4 million in the third quarter of 2023.
EBITDA Growth
EBITDA increased to $4.1 million, up $1 million from the third quarter of 2023.
Year-to-Date Revenue and EBITDA Growth
Year-to-date revenue grew to $53 million, up from $49.1 million, and EBITDA reached $12.7 million.
Positive Free Cash Flow
Year-to-date free cash flow is at $5.8 million or $0.32 per share.
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TSE:KUT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:KUT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 27, 2024 | C$4.87 | C$4.86 | -0.21% |
| Aug 28, 2024 | C$3.14 | C$3.25 | +3.50% |
| May 28, 2024 | C$2.85 | C$3.07 | +7.72% |
| Apr 29, 2024 | C$2.80 | C$2.74 | -2.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Redishred Capital Corp (TSE:KUT) report earnings?
Redishred Capital Corp (TSE:KUT) is schdueled to report earning on Apr 18, 2025, TBA Not Confirmed.
What is Redishred Capital Corp (TSE:KUT) earnings time?
Redishred Capital Corp (TSE:KUT) earnings time is at Apr 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:KUT EPS forecast?
Currently, no data Available
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