Latest news with #ChorusAviation
CTV News
06-08-2025
- Business
- CTV News
Chorus Aviation sees $32.4 million profit in Q2, operating revenue $324.6 million
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. THE CANADIAN PRESS/Jonathan Hayward HALIFAX — Chorus Aviation Inc. says its latest quarter delivered a $32.4 million profit. The Halifax-based company says the second-quarter figure compares with a net loss of $180.6 million a year earlier. Operating revenue totalled $324.6 million, down from $351.2 million in the three months ended June 30. On an adjusted basis, Chorus says it earned $17.2 million compared with $10.8 million a year earlier. The company says its leverage ratio — net debt divided by its trailing 12-month adjusted earnings before interest, taxes, depreciation and amortization — ended the quarter at 1.5 compared with 1.4 at the end of 2024. Chorus leases planes around the world while providing regional service for Air Canada through its Jazz Aviation subsidiary. This report by The Canadian Press was first published Aug. 6, 2025.
Yahoo
06-08-2025
- Business
- Yahoo
Chorus Aviation sees $32.4 million profit in Q2, operating revenue $324.6 million
HALIFAX — Chorus Aviation Inc. says its latest quarter delivered a $32.4 million profit. The Halifax-based company says the second-quarter figure compares with a net loss of $180.6 million a year earlier. Operating revenue totalled $324.6 million, down from $351.2 million in the three months ended June 30. On an adjusted basis, Chorus says it earned $17.2 million compared with $10.8 million a year earlier. The company says its leverage ratio — net debt divided by its trailing 12-month adjusted earnings before interest, taxes, depreciation and amortization — ended the quarter at 1.5 compared with 1.4 at the end of 2024. Chorus leases planes around the world while providing regional service for Air Canada through its Jazz Aviation subsidiary. This report by The Canadian Press was first published Aug. 6, 2025. Companies in this story: (TSX:CHR) The Canadian Press
Yahoo
14-05-2025
- Business
- Yahoo
How I'd Use $10,000 to Transform My TFSA Into a Cash-Pumping Portfolio
Written by Amy Legate-Wolfe at The Motley Fool Canada Turning a Tax-Free Savings Account (TFSA) into a reliable income stream doesn't have to involve complex strategies or risky picks. Sometimes, it just takes a solid stock, a smart investment, and a bit of patience. If I had $10,000 to put to work in my TFSA right now, Chorus Aviation (TSX:CHR) would be high on my list. It's not a flashy tech stock, but it's got everything you want when aiming to generate consistent, long-term cash flow, growth potential, improving earnings, and a management team that knows how to reward shareholders. Chorus Aviation is based in Halifax and operates several businesses that support regional aviation. Its best-known subsidiary is Jazz Aviation, which flies regional routes under the Air Canada Express brand. Chorus also owns Voyageur Aviation, which offers aircraft maintenance and special mission solutions. This means Chorus doesn't just make money by flying passengers. It earns revenue from maintenance contracts, parts support, and fleet services. It's a business model built around aviation resilience, not just ticket sales. The company's first-quarter 2025 results prove just how well it's executing that strategy. Chorus reported a net income of $18.9 million, which is a huge jump from the $12.3 million it posted in the same quarter last year. More importantly for investors, the adjusted earnings available to common shareholders rose to $15.4 million, or $0.57 per share, compared to just $0.13 per share a year ago. That's the kind of earnings growth that shows the business is not just recovering; it's hitting a new gear. Chorus also delivered strong adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $56.9 million for the quarter, up from $54 million in the same period last year. EBITDA might not be the flashiest number in finance, but it tells you how much money a company is making from its actual operations before taxes, interest, and other stuff that can skew the picture. This steady growth shows Chorus has a healthy and stable core business. What really makes Chorus attractive for a TFSA, though, is the free cash flow. In the first quarter (Q1) of 2025, the company generated $40.6 million in free cash flow, up from $30.7 million the year before. This is the money left over after capital expenses, and it's the pool of cash Chorus can use to pay down debt, buy back shares, or reward investors in other ways. In today's market, a company generating this much excess cash deserves a second look. And Chorus isn't just sitting on that money; it's putting it to work. In April 2025, the company launched a $25 million substantial issuer bid, essentially offering to buy back a chunk of its own stock. On top of that, since 2022, it has repurchased $53 million in shares through its normal course issuer bid program. That's a clear signal from management that they believe the stock is undervalued and that it's committed to delivering value to shareholders. For investors using a TFSA, this can be a powerful way to boost long-term returns without worrying about capital gains tax. Chorus also has a strong balance sheet, with a market cap of about $505 million. Its stock has a fair bit of room to run if investor sentiment improves to reach 52-week highs. As travel rebounds and aviation services remain in demand, Chorus could see more tailwinds pushing it forward. For TFSA investors who want a cash-generating machine that doesn't rely on hype, Chorus is worth serious consideration. It's generating strong earnings, increasing free cash flow, and actively buying back shares to return value. That's the kind of stock you can hold through market cycles and let your tax-free gains compound over time. Putting $10,000 into Chorus in your TFSA might not make headlines, but it could quietly deliver some very rewarding returns. When you're building wealth for the long term, being boring and dependable is often the best kind of exciting. The post How I'd Use $10,000 to Transform My TFSA Into a Cash-Pumping Portfolio appeared first on The Motley Fool Canada. Before you buy stock in Chorus Aviation Inc., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Chorus Aviation Inc. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025
Yahoo
03-03-2025
- Business
- Yahoo
Global's Undervalued Small Caps With Insider Action In March 2025
Amid a backdrop of declining consumer confidence and growth concerns, U.S. stock indexes have mostly trended downward, with small-cap stocks feeling the pressure as evidenced by the Russell 2000's recent decline. As market volatility persists, investors often look for opportunities in small-cap stocks that exhibit strong fundamentals and potential resilience in challenging economic environments. Name PE PS Discount to Fair Value Value Rating Bytes Technology Group 19.5x 5.0x 24.38% ★★★★★★ Chorus Aviation NA 0.4x 2.67% ★★★★★☆ Gamma Communications 22.4x 2.3x 35.66% ★★★★☆☆ Franchise Brands 39.1x 2.0x 25.20% ★★★★☆☆ Optima Health NA 1.5x 45.32% ★★★★☆☆ Dicker Data 19.8x 0.7x -25.30% ★★★☆☆☆ Yixin Group 9.1x 0.9x -279.13% ★★★☆☆☆ Calfrac Well Services 11.8x 0.2x -36.75% ★★★☆☆☆ Saturn Oil & Gas 1.9x 0.6x -64.23% ★★★☆☆☆ Minto Apartment Real Estate Investment Trust NA 5.4x 12.84% ★★★☆☆☆ Click here to see the full list of 118 stocks from our Undervalued Global Small Caps With Insider Buying screener. Let's uncover some gems from our specialized screener. Simply Wall St Value Rating: ★★★★★☆ Overview: Hansen Technologies is a global provider of software and services to the energy, water, and communications industries, with a market cap of approximately A$1.02 billion. Operations: Hansen Technologies generates its revenue primarily through sales, with recent figures indicating A$363.50 million in the latest period. The company's cost of goods sold (COGS) has been rising, reaching A$262.70 million, impacting its gross profit margin which is currently at 27.73%. Operating expenses are substantial as well, recorded at A$74.96 million in the most recent period, contributing to a net income of A$3.51 million and a net income margin of 0.97%. PE: 291.0x Hansen Technologies, a smaller-scale company, is gaining traction with its innovative solutions like Hansen Trade and AI Virtual Agent. Despite a dip in net income to A$0.07 million from A$17.62 million last year, the company's sales rose to A$177.96 million for the half-year ending December 2024. Insider confidence is evident through recent purchases, indicating potential belief in future growth prospects. The extension of RiksTV's commitment showcases customer trust and positions Hansen for cloud-native transformations across markets. Click here to discover the nuances of Hansen Technologies with our detailed analytical valuation report. Evaluate Hansen Technologies' historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Chorus Aviation operates in the regional aviation services sector with a focus on providing contracted flying operations and aircraft leasing, and it has a market cap of approximately CA$0.64 billion. Operations: Chorus Aviation's revenue primarily stems from regional aviation services, with a reported CA$1.40 billion in the latest period. The company has experienced fluctuations in its gross profit margin, which was 27.57% as of the most recent data point. Operating expenses and non-operating expenses have also varied, impacting overall profitability and net income margins over time. PE: -4.6x Chorus Aviation, a smaller player in the aviation sector, recently reported CAD 1.4 billion in sales for 2024 but faced a net loss of CAD 158.5 million compared to last year's profit. Despite financial challenges, insider confidence is evident with share repurchases totaling CAD 2.65 million from November to December 2024, reflecting potential belief in future prospects. The company has also been actively managing its debt and capital structure through buybacks and debenture repayments, preparing for possible growth opportunities ahead. Dive into the specifics of Chorus Aviation here with our thorough valuation report. Review our historical performance report to gain insights into Chorus Aviation's's past performance. Simply Wall St Value Rating: ★★★☆☆☆ Overview: NorthWest Healthcare Properties Real Estate Investment Trust operates in the healthcare real estate industry, focusing on owning and managing a portfolio of properties primarily used for medical purposes, with a market cap of approximately CA$2.48 billion. Operations: The company generates revenue primarily from the healthcare real estate sector, with a recent revenue figure of CA$483.34 million. Its gross profit margin has shown variability, recently recorded at 76.42%. Operating expenses are consistently around CA$55.49 million, while non-operating expenses have significantly impacted net income, contributing to recent negative net income margins such as -93.39%. PE: -2.7x NorthWest Healthcare Properties REIT recently showcased insider confidence with an independent trustee purchasing 600,000 shares for approximately C$2.7 million, reflecting a 2.5% increase in their holdings. Despite relying solely on higher-risk external borrowing, the company secured C$500 million through senior unsecured debentures to address upcoming debt maturities. While earnings aren't covering interest payments well, they are projected to grow significantly at over 110% annually. Regular monthly dividends of C$0.03 per share continue to attract income-focused investors as the company navigates its financial landscape with strategic debt management and insider support signaling potential value recognition in this smaller market segment. Delve into the full analysis valuation report here for a deeper understanding of NorthWest Healthcare Properties Real Estate Investment Trust. Gain insights into NorthWest Healthcare Properties Real Estate Investment Trust's historical performance by reviewing our past performance report. Click here to access our complete index of 118 Undervalued Global Small Caps With Insider Buying. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:HSN TSX:CHR and TSX: Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
