2023-03-08 00:52:19 ET
- Colabor press release ( OTCPK:COLFF ): Q4 GAAP EPS of $0.01.
- Revenue of $193.2M (+28.4% Y/Y) beats by $112.5M .
- Adjusted EBITDA increased by 39.2% to $9.9M from $7.1M for the corresponding period of 2021 and increase in adjusted EBITDA margin to 5.1% of sales compared to 4.7% of sales during the corresponding period of 2021.
- Cash flow from operating activities decreased to -$0.7M compared to $9.0M for the fourth quarter of 2021.
- "The move of our head office and warehouse located in Boucherville to a new site at the end of 2023 will allow our distribution segment to extend its footprint to nearly 90.0% of Quebec's foodservice customers, a considerable increase from our current reach of 30.0%."
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Colabor GAAP EPS of $0.01, revenue of $193.2M beats by $112.5M