Latest news with #Eckert
Global News
26-05-2025
- Global News
Condolences pour in after 4 students, 1 teacher killed in Ontario crash
An small Ontario community is mourning the loss of four teen girls and their coach after they all lost their lives in a fatal crash Friday night. Messages of condolence are pouring in for the community in and around Walkerton, Ont an hour north west of Guelph. The coach, Matt Eckert, 33 and four female students were returning from a softball tournament when their vehicle collided with a transport truck. Ontario Provincial Police say the crash happened around 4:30 p.m. Friday at the intersection of Thorndale Road and Cobble Hills Road in Middlesex County, near London, Ont. Investigators say an SUV caring the five collided with a transport truck, then hit a second SUV. Three of the first SUV's passengers, two 17-year-old girls and a 16-year-old girl were pronounced dead at the scene. Story continues below advertisement Eckert, who was driving the SUV, and another 16-year-old girl who was also in the vehicle were rushed to hospital with life-threatening injuries and later died. View image in full screen Flowers mark the site of a fatal accident which killed four students and a teacher northeast of London, Ont. on Sunday, May 25, CANADIAN PRESS/ Geoff Robins. Geoff Robins Following this incident, people have been sharing messages of condolences, with community members putting running shoes and candles outside their homes in honour of the victims. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy The school board and police have not released the names of the four girls killed. In a statement over the weekend, the Bluewater District School board confirmed the four girls were all students at Walkerton District Community School, where Eckert also taught. The board expressed their 'deepest sorrows' for the families dealing with the 'profound loss' of Friday's crash. 'At this time, our focus is on supporting and respecting the privacy of the grieving families,' the statement read. Story continues below advertisement 'We recognize that many individuals in other communities across Bluewater also have close connections with those lost in this tragedy, and their families. It is important to acknowledge how this tragedy is impacting them as well. We are all here to support one another.' The board's mental health staff and tragedy response team have been deployed to support students and staff as they return to school on Monday. Eckert, who died in the crash, was also an assistant coach with the Owen Sound NorthStars Junior B Lacrosse club. The club's general manager, Ethan Woods, said on social media that he was 'heartbroken and crushed' by Eckert's death, remembering him as a dedicated mentor to players and a best friend to fellow coaches. 'His infectious smile and caring heart are things that will never be forgotten,' Woods said. A vigil was held Sunday night, with hundreds of people gathering in the Walkerton District Community School parking to honour the victims. Pictures of the vigil show candles and flowers laid at the front of the school in tribute. View image in full screen Hundreds gather in the parking lot of the Walkerton District Community School in Walkerton, Ont. for a vigil on Sunday, May 25, 2025. On Friday, four students and a teacher from the school were killed in a car accident on the way back from a softball tournament in Dorchester, Ontario. THE CANADIAN PRESS/Geoff Robins Geoff Robins Several politicians have also shared their condolences. Story continues below advertisement 'In this time of sorrow, we stand united with all those affected in the community and throughout all our local schools. We offer our deepest condolences and unwavering support,' said the municipality of Brockton Mayor Chris Peabody. 'We encourage all community members to come together offering compassion and support to one another as we navigate this profound loss.' In honour of the families affected, the municipal flags were lowered to half-mast and will be raised following services for victims, the mayor said. Canada's Prime Minster Mark Carney wrote on X Sunday night that the deaths were heartbreaking. 'This is an unimaginable loss – one that no family, no classmate, no school should ever have to endure. Canadians are holding the Walkerton community in our hearts,' he wrote. Ontario's Premier, Doug Ford, also extended his condolences to the families of the victims as well. 'I'm devastated to hear of last night's tragic accident in Middlesex County, which has now claimed the lives of five people. My thoughts are with the families and loved ones grieving this terrible loss,' Ford said on X. The occupants of the second SUV and the transport truck driver suffered minor injuries. Police have offered condolences but have not speculated on what chased the crash. Story continues below advertisement Authorities are continuing to investigate and are asking anyone with dashcam footage or information about the crash to contact Middlesex OPP or leave an anonymous tip with Crime Stoppers. With files from Global News' Prisha Dev and The Canadian Press
Toronto Sun
25-05-2025
- Toronto Sun
Ontario teacher killed in crash with students remembered as cherished coach, friend
Published May 25, 2025 • 1 minute read An Ontario Provincial Police (OPP) patch is seen in Ottawa, on Sunday, Sept. 29, 2024. Photo by Spencer Colby / The Canadian Press An Ontario teacher who was killed alongside four students in a car crash is being remembered as a cherished coach and friend. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The Owen Sound NorthStars Junior B Lacrosse club says they are 'heartbroken and crushed' about the death of assistant coach Matt Eckert. In a social media tribute, the team's general manager says 33-year-old Eckert had an indescribable connection with the players and was a best friend to other coaches. 'His infectious smile and caring heart are things that will never be forgotten. We love you so much Ecky,' read the statement, attributed to club general manager Ethan Woods. When reached by email, an executive for the lacrosse team says they were discussing the best way to honour Eckert that would also be respectful to his family and the other four families affected by the collision. Eckert and four teenage students from Walkerton District Community School died on Friday when their SUV collided with a transport truck and another SUV just outside London, Ont. The local school board said they were returning from a sporting event in the area. This advertisement has not loaded yet, but your article continues below. Two of the girls were 16 and two were 17, Ontario Provincial Police said. The community, located about 150 kilometres northwest of Toronto, was expected to hold a candlelight vigil at the school on Sunday night. Social media posts circulated showing people who had placed running shoes and candles on their porches in tribute to the crash victims. Several teachers posted pictures of the school's logo, a blue hawk in a geometric design, framed by a heart. The school board and police have not released the names of the students or staff member killed in the crash. Eckert is listed in the school's staff directory as a teacher. He was also identified as a member of the teachers' union in a social media post by the Ontario Secondary School Teachers' Federation. The driver and passenger of the second SUV and the truck driver had minor injuries, police said. Toronto Blue Jays Columnists Sunshine Girls Toronto & GTA Ontario
Cision Canada
14-05-2025
- Business
- Cision Canada
Yellow Pages Limited Reports First Quarter 2025 Financial and Operating Results and Declares a Cash Dividend (1) Français
, May 14, 2025 /CNW/ - Yellow Pages Limited (TSX: Y) (the "Company"), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter ended March 31, 2025. "Our first quarter results show continued steady progress toward revenue stability, good profitability, and a strong cash balance," said David A. Eckert, CEO of Yellow Pages Limited. Eckert commented on the key developments: Progress toward revenue stability."For the fifth consecutive quarter, we report a favorable 'bending of the revenue curve' in Q1, as our rate of change in revenue was better than the change reported for the previous quarter." Solid quarterly earnings. "Our Adjusted EBITDA 2 for the quarter was 23.4% of revenue, even with our continued investments in revenue initiatives, including the steady continued expansion of our sales force." Strong cash balance. "Despite certain significant, seasonal cash disbursements during the quarter, cash still stood at approximately $49 million at the end of April." Sherilyn King, President of Yellow Pages Limited, added, "We continue to be very pleased with our progress on metrics underlying our revenue generation, including the size of our sales force, the continued deceleration of the customer count decline rate, fueled by new customer acquisitions and stable renewal rates, and strong average spend per customer. We believe these fundamentals bode well for our medium- and long-term future. Also, our Board has once again declared a dividend of $0.25 per common share, to be paid on June 16, 2025 to shareholders of record as of May 27, 2025." Financial Highlights (In thousands of Canadian dollars, except percentage information and per share information) (1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. (2) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS ® Accounting Standards. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. First Quarter of 2025 Results Total Revenues decreased 7.6% year-over-year and amounted to $50.8 million for the three-month period ended March 31, 2025, an improvement from the decrease of 8.1% reported last quarter. Adjusted EBITDA less CAPEX 1 totalled $11.4 million and the EBITDA less CAPEX margin 1 was 22.5%. Net income amounted to $5.0 million, or to $0.35 diluted income per share. F inancial Results for the First Quarter of 2025 Total revenues for the first quarter ended March 31, 2025 decreased by 7.6% year-over-year and amounted to $50.8 million as compared to $55.0 million for the same period last year. The decrease in revenues is mainly due to the decline of our higher margin digital media and print products and to a lesser extent to our lower margin digital services products, thereby creating pressure on our gross profit margins. Total digital revenues decreased 6.8% year-over-year and amounted to $40.7 million for the three-month period ended March 31, 2025 compared to $43.7 million for the same period last year. The revenue decline is mainly attributable to a decrease in digital customer count, partially offset by an increase in the average spend per customer. Total print revenues decreased 10.5% year-over-year and amounted to $10.1 million for the three-month period ended March 31, 2025. The revenue decline is mainly due to the decrease in the number of print customers while the spend per customer has improved year-over-year driven by price increases. The decline rate for total revenues, digital revenues and print revenues all improved year-over-year. The improvement of the revenue decline rates was mainly due to the deceleration of the customer count decline rate, fueled by an increase in new customer acquisitions, while renewal rates remained relatively stable and an increase in average spend per customer, due in part to price increases. Adjusted EBITDA 1 decreased to $11.9 million or 23.4% of revenues in the first quarter ended March 31, 2025, relative to $15.3 million or 27.8% of revenues for the same period last year. The decrease in Adjusted EBITDA and Adjusted EBITDA margin 1 for the three-month period ended March 31, 2025 is the result of revenue pressures, the ongoing investments in our tele-sales force capacity, and the impact of the Company's share price on cash settled stock-based compensation expense, partially offset by optimization in cost of sales, reductions in other operating costs including reductions in our workforce and associated employee expenses. The revaluation of cash settled stock-based compensation liabilities resulted in a recovery of $1.3 million for the three-month period ended March 31, 2025 compared to a recovery of $1.9 million for the same period last year. Revenue pressures from product mix and investments in our tele-sales force capacity, partially offset by continued optimization and cost reductions, will continue to cause pressure on margins in upcoming quarters. Adjusted EBITDA less CAPEX decreased by $2.9 million to $11.4 million during the first quarter of 2025, compared to $14.3 million during the same period last year. The decrease in Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin for the three-month period ended March 31, 2025 is driven by the decrease in Adjusted EBITDA, partially offset by a decrease in CAPEX spend year-over-year. Net income for the three-month period ended March 31, 2025 amounted to $5.0 million as compared to net income of $8.4 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA and the increase in restructuring and other charges, partially offset by the decrease in income taxes. Cash flows from operating activities decreased by $2.2 million to $3.3 million for the three-month period ended March 31, 2025 from $5.5 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA of $3.4 million partially offset by a decrease in funding of post-employment benefit plans of $1.5 million. (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX, Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS Accounting Standards. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. Conference Call & Webcast Yellow Pages Limited will hold an analyst and media call and simultaneous webcast at 8:30 a.m. (Eastern Time) on May 14, 2025 to discuss first quarter 2025 results. The call may be accessed by dialing 416-695-6725 within the Toronto area, or 1-866-696-5910 outside of Toronto, Passcode 4418135#. Please be prepared to join the conference at least 5 minutes prior to the conference start time. The call will be simultaneously webcast on the Company's website at: The conference call will be archived in the Investors section of the site at: About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada's leading local online properties including Canada411 and The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit Caution Concerning Forward-Looking Statements T his press release contains forward-looking statements about the objectives, strategies, financial conditions and results of operations and businesses of YP (including, without limitation, payment of a cash dividend per share per quarter to its common shareholders). These statements are forward-looking as they are based on our current expectations, as at May 13, 2025, about our business and the markets we operate in, and on various estimates and assumptions. Our actual results could materially differ from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, there is no assurance that any forward-looking statements will materialize. Risks that could cause our results to differ materially from our current expectations are discussed in section 5 of our May 13, 2025 Management's Discussion and Analysis. We disclaim any intention or obligation to update any forward-looking statements, except as required by law, even if new information becomes available, as a result of future events or for any other reason. Non-GAAP Financial Measures A djusted EBITDA and Adjusted EBITDA margin In order to provide a better understanding of the results, the Company uses the terms Adjusted EBITDA and Adjusted EBITDA margin. Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Adjusted EBITDA margin is defined as the percentage of Adjusted EBITDA to revenues. Adjusted EBITDA and Adjusted EBITDA margin are not performance measures defined under IFRS Accounting Standards and are not considered an alternative to income from operations or net income in the context of measuring Yellow Pages performance. Adjusted EBITDA and Adjusted EBITDA margin do not have a standardized meaning under IFRS Accounting Standards and are therefore not likely to be comparable to similar measures used by other publicly traded companies. Adjusted EBITDA and Adjusted EBITDA margin should not be used as exclusive measures of cash flow since they do not account for the impact of working capital changes, income taxes, interest payments, pension funding, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed on page 10 of our May 13, 2025 MD&A. Management uses Adjusted EBITDA and Adjusted EBITDA margin to evaluate the performance of its business as it reflects its ongoing profitability. Management believes that certain investors and analysts use Adjusted EBITDA and Adjusted EBITDA margin to measure a company's ability to service debt and to meet other payment obligations or as common measurement to value companies in the media and marketing solutions industry as well as to evaluate the performance of a business. A djusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin The Company also uses Adjusted EBITDA less CAPEX, which is defined as Adjusted EBITDA, as defined above, less CAPEX which we define as additions to intangible assets and additions to property and equipment as reported in the Investing Activities section of the Company's consolidated statements of cash flows. Adjusted EBITDA less CAPEX margin is defined as the percentage of Adjusted EBITDA less CAPEX to revenues. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS Accounting Standards. Therefore, are unlikely to be comparable to similar measures presented by other publicly traded companies. We use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of our business as it reflects cash generated from business activities. We believe that certain investors and analysts use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of businesses in our industry. The most comparable financial measure under IFRS Accounting Standards to Adjusted EBITDA less CAPEX is Income from operations before depreciation and amortization and restructuring and other charges (defined above as Adjusted EBITDA) as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Refer to table below for reconciliation of Adjusted EBITDA less CAPEX. For the three-month periods March 31, 2025 2024 Income from operations before depreciation and amortization and restructuring and other charges (Adjusted EBITDA) $ 11,885 $ 15,297 CAPEX 473 986 Total Adjusted EBITDA less CAPEX $ 11,412 $ 14,311 SOURCE Yellow Pages Limited
Yahoo
14-05-2025
- Business
- Yahoo
Yellow Pages Limited Reports First Quarter 2025 Financial and Operating Results and Declares a Cash Dividend (1)
MONTREAL, May 14, 2025 /CNW/ - Yellow Pages Limited (TSX: Y) (the "Company"), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter ended March 31, 2025. "Our first quarter results show continued steady progress toward revenue stability, good profitability, and a strong cash balance," said David A. Eckert, CEO of Yellow Pages Limited. Eckert commented on the key developments: Progress toward revenue stability. "For the fifth consecutive quarter, we report a favorable 'bending of the revenue curve' in Q1, as our rate of change in revenue was better than the change reported for the previous quarter." Solid quarterly earnings. "Our Adjusted EBITDA2 for the quarter was 23.4% of revenue, even with our continued investments in revenue initiatives, including the steady continued expansion of our sales force." Strong cash balance. "Despite certain significant, seasonal cash disbursements during the quarter, cash still stood at approximately $49 million at the end of April." Sherilyn King, President of Yellow Pages Limited, added, "We continue to be very pleased with our progress on metrics underlying our revenue generation, including the size of our sales force, the continued deceleration of the customer count decline rate, fueled by new customer acquisitions and stable renewal rates, and strong average spend per customer. We believe these fundamentals bode well for our medium- and long-term future. Also, our Board has once again declared a dividend of $0.25 per common share, to be paid on June 16, 2025 to shareholders of record as of May 27, 2025." Financial Highlights(In thousands of Canadian dollars, except percentage information and per share information) Yellow Pages Limited For the three-month periodsended March 31,2025 2024 Revenues $50,808 $54,971 Adjusted EBITDA2 $11,885 $15,297 Adjusted EBITDA margin2 23.4 % 27.8 % Income before income taxes $6,661 $11,369 Net income $4,963 $8,395 Basic income per share $0.37 $0.62 Diluted income per share $0.35 $0.61 CAPEX2 $473 $986 Adjusted EBITDA less CAPEX2 $11,412 $14,311 Adjusted EBITDA less CAPEX margin2 22.5 % 26.0 % Cash flows from operating activities $3,278 $5,454(1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. (2) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS® Accounting Standards. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. First Quarter of 2025 Results Total Revenues decreased 7.6% year-over-year and amounted to $50.8 million for the three-month period ended March 31, 2025, an improvement from the decrease of 8.1% reported last quarter. Adjusted EBITDA less CAPEX1 totalled $11.4 million and the EBITDA less CAPEX margin1 was 22.5%. Net income amounted to $5.0 million, or to $0.35 diluted income per share. Financial Results for the First Quarter of 2025 Total revenues for the first quarter ended March 31, 2025 decreased by 7.6% year-over-year and amounted to $50.8 million as compared to $55.0 million for the same period last year. The decrease in revenues is mainly due to the decline of our higher margin digital media and print products and to a lesser extent to our lower margin digital services products, thereby creating pressure on our gross profit margins. Total digital revenues decreased 6.8% year-over-year and amounted to $40.7 million for the three-month period ended March 31, 2025 compared to $43.7 million for the same period last year. The revenue decline is mainly attributable to a decrease in digital customer count, partially offset by an increase in the average spend per customer. Total print revenues decreased 10.5% year-over-year and amounted to $10.1 million for the three-month period ended March 31, 2025. The revenue decline is mainly due to the decrease in the number of print customers while the spend per customer has improved year-over-year driven by price increases. The decline rate for total revenues, digital revenues and print revenues all improved year-over-year. The improvement of the revenue decline rates was mainly due to the deceleration of the customer count decline rate, fueled by an increase in new customer acquisitions, while renewal rates remained relatively stable and an increase in average spend per customer, due in part to price increases. Adjusted EBITDA1 decreased to $11.9 million or 23.4% of revenues in the first quarter ended March 31, 2025, relative to $15.3 million or 27.8% of revenues for the same period last year. The decrease in Adjusted EBITDA and Adjusted EBITDA margin1 for the three-month period ended March 31, 2025 is the result of revenue pressures, the ongoing investments in our tele-sales force capacity, and the impact of the Company's share price on cash settled stock-based compensation expense, partially offset by optimization in cost of sales, reductions in other operating costs including reductions in our workforce and associated employee expenses. The revaluation of cash settled stock-based compensation liabilities resulted in a recovery of $1.3 million for the three-month period ended March 31, 2025 compared to a recovery of $1.9 million for the same period last year. Revenue pressures from product mix and investments in our tele-sales force capacity, partially offset by continued optimization and cost reductions, will continue to cause pressure on margins in upcoming quarters. Adjusted EBITDA less CAPEX decreased by $2.9 million to $11.4 million during the first quarter of 2025, compared to $14.3 million during the same period last year. The decrease in Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin for the three-month period ended March 31, 2025 is driven by the decrease in Adjusted EBITDA, partially offset by a decrease in CAPEX spend year-over-year. Net income for the three-month period ended March 31, 2025 amounted to $5.0 million as compared to net income of $8.4 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA and the increase in restructuring and other charges, partially offset by the decrease in income taxes. Cash flows from operating activities decreased by $2.2 million to $3.3 million for the three-month period ended March 31, 2025 from $5.5 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA of $3.4 million partially offset by a decrease in funding of post-employment benefit plans of $1.5 million. (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX, Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS Accounting Standards. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more Call & Webcast Yellow Pages Limited will hold an analyst and media call and simultaneous webcast at 8:30 a.m. (Eastern Time) on May 14, 2025 to discuss first quarter 2025 results. The call may be accessed by dialing 416-695-6725 within the Toronto area, or 1-866-696-5910 outside of Toronto, Passcode 4418135#. Please be prepared to join the conference at least 5 minutes prior to the conference start time. The call will be simultaneously webcast on the Company's website at: The conference call will be archived in the Investors section of the site at: About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada's leading local online properties including Canada411 and The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit Caution Concerning Forward-Looking Statements This press release contains forward-looking statements about the objectives, strategies, financial conditions and results of operations and businesses of YP (including, without limitation, payment of a cash dividend per share per quarter to its common shareholders). These statements are forward-looking as they are based on our current expectations, as at May 13, 2025, about our business and the markets we operate in, and on various estimates and assumptions. Our actual results could materially differ from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, there is no assurance that any forward-looking statements will materialize. Risks that could cause our results to differ materially from our current expectations are discussed in section 5 of our May 13, 2025 Management's Discussion and Analysis. We disclaim any intention or obligation to update any forward-looking statements, except as required by law, even if new information becomes available, as a result of future events or for any other reason. Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA margin In order to provide a better understanding of the results, the Company uses the terms Adjusted EBITDA and Adjusted EBITDA margin. Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Adjusted EBITDA margin is defined as the percentage of Adjusted EBITDA to revenues. Adjusted EBITDA and Adjusted EBITDA margin are not performance measures defined under IFRS Accounting Standards and are not considered an alternative to income from operations or net income in the context of measuring Yellow Pages performance. Adjusted EBITDA and Adjusted EBITDA margin do not have a standardized meaning under IFRS Accounting Standards and are therefore not likely to be comparable to similar measures used by other publicly traded companies. Adjusted EBITDA and Adjusted EBITDA margin should not be used as exclusive measures of cash flow since they do not account for the impact of working capital changes, income taxes, interest payments, pension funding, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed on page 10 of our May 13, 2025 MD&A. Management uses Adjusted EBITDA and Adjusted EBITDA margin to evaluate the performance of its business as it reflects its ongoing profitability. Management believes that certain investors and analysts use Adjusted EBITDA and Adjusted EBITDA margin to measure a company's ability to service debt and to meet other payment obligations or as common measurement to value companies in the media and marketing solutions industry as well as to evaluate the performance of a business. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin The Company also uses Adjusted EBITDA less CAPEX, which is defined as Adjusted EBITDA, as defined above, less CAPEX which we define as additions to intangible assets and additions to property and equipment as reported in the Investing Activities section of the Company's consolidated statements of cash flows. Adjusted EBITDA less CAPEX margin is defined as the percentage of Adjusted EBITDA less CAPEX to revenues. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS Accounting Standards. Therefore, are unlikely to be comparable to similar measures presented by other publicly traded companies. We use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of our business as it reflects cash generated from business activities. We believe that certain investors and analysts use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of businesses in our industry. The most comparable financial measure under IFRS Accounting Standards to Adjusted EBITDA less CAPEX is Income from operations before depreciation and amortization and restructuring and other charges (defined above as Adjusted EBITDA) as shown in Yellow Pages Limited's interim condensed consolidated statements of income. Refer to table below for reconciliation of Adjusted EBITDA less CAPEX. Adjusted EBITDA less CAPEX(In thousands of Canadian dollars, except percentage information) For the three-month periods March 31, 2025 2024 Income from operations before depreciation and amortization and restructuring and other charges (Adjusted EBITDA) $ 11,885 $ 15,297 CAPEX473986 Total Adjusted EBITDA less CAPEX $ 11,412 $ 14,311 SOURCE Yellow Pages Limited View original content:
Yahoo
05-04-2025
- Politics
- Yahoo
How did voter turnout for Belleville's mayoral race stack up with past elections?
A contentious mayoral race in Belleville brought about 400 more voters to the polls on Tuesday than in the last consolidated election, but some people were surprised that turnout wasn't higher. The race had pitted incumbent Mayor Patty Gregory against City Clerk Jenny Gain Meyer. It also represented a split between two powerful Democrats in the metro-east. St. Clair County Board Chairman Mark Kern supported Gregory, and Illinois Rep. Jay Hoffman supported Meyer, who won handily. Some 5,388 people voted for mayor, representing 18.5% of the city's 29,075 registered voters, according to unofficial election results released Tuesday evening by St. Clair County Clerk Tom Holbrook's office. That doesn't include about 700 mail-in ballots for races all over the county that are still being counted, said Elections Supervisor Laura Kaemmerer. So the turnout percentage for Belleville's mayoral race could increase slightly. The unofficial results included 3,399 votes (about 63%) for Meyer, 1,972 (36%) for Gregory and 17 (less than 1%) for write-ins, with at least eight for declared write-in candidate Ryan Musick. At a recent candidate forum, Meyer brought up the issue of low voter turnout in the 2021 city election. 'We have to do better at getting people involved,' she said. So what is 'normal' turnout in Belleville mayoral elections, and how has it changed over the years? Answers can be found in online records maintained by Holbrook's office and the BND's election coverage. Here are the basics on six other races this century: The campaign leading up to the April 3, 2001, mayoral election got confusing with two candidates named Mark A. Kern. Mark Alan Kern, a local businessman, challenged incumbent Mayor Mark Andrew Kern, a distant relative. Some 6,799 people voted for mayor, representing 26% of the city's 26,093 registered voters. The incumbent Kern won with 4,340 votes (about 64%), compared to 2,459 votes (36%) for challenger Kern. Candidates in the April 5, 2005, mayoral election included incumbent Mayor Mark Eckert, who had been appointed four months earlier, when former Mayor Kern became county chairman. Eckert ran as part of a Good Government Party slate. He was challenged by local businessman Robert O'Rear. Some 4,972 people voted for mayor, representing about 18% of the city's 27,712 registered voters. Eckert won in a landslide with 3,750 votes (about 75%), compared to 1,222 votes (25%) for O'Rear. Eckert ran unopposed in the April 7, 2009, election, leading to the phenomenon that many people who cast ballots didn't even bother to vote for mayor, focusing on other races instead. Some 3,769 Belleville residents voted in the consolidated election, representing nearly 13% of the city's 29,286 registered voters. But only 2,895 voted for mayor (less than 10%). Eckert received 2,699 votes. Some 196 people submitted names of write-in candidates. Eckert faced two challengers in the April 9, 2013, election. The heated campaign featured strong criticism by candidates Joe Hayden and Phil Elmore, both insurance agents and aldermen. Some 6,506 people voted for mayor, representing nearly 24% of the city's 27,278 registered voters. Eckert won with 2,732 votes (about 42%), compared to 2,261 (35%) for Hayden and 1,513 (23%) for Elmore. Belleville City Clerk Dallas Cook challenged Eckert in the April 4, 2017, election. He was trying to follow in the footsteps of his father, Rodger Cook, who served as mayor in the 1990s. Some 6,527 people voted for mayor, representing about 21% of the city's 30,421 registered voters. Eckert won easily with 4,342 votes (66.5%), compared to 2,185 votes (33.5%) for Cook. Eckert was challenged in the April 6, 2021, election by Gregory, a retired schoolteacher and founding director of Art on the Square, as well as write-in candidate J.D. Dixon. Some 4,987 people voted for mayor, representing about 15% of the city's 32,389 registered voters. Gregory unseated the incumbent, who had served more than 16 years, with 2,806 votes (about 56%), compared to 2,145 for Eckert (43%) and 36 (less than 1%) for Dixon.
