OTCPK:MGMXD - Post by User
Comment by
dstoddarton Mar 15, 2017 11:34pm
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Post# 25986101
RE:2016 Year end Now available on Sedar!
RE:2016 Year end Now available on Sedar!Revenue and Adjusted EBITDA: Consolidated revenue increased by 5% to $60.8 million and net interest revenue increased by 12% to $80.1 million due to the addition of the Shannon and Jimmie Creek projects as well as foreign exchange. Adjusted EBITDA increased by 5% on a consolidated and net interest basis to $48.5 million and $39.0 million respectively, primarily due to the addition of the Shannon and Jimmie Creek projects.