RE:Q4 results outcolourama wrote: They expect an improvement at +$4.7 million in adjusted EBITDA for the next year, which along with $2.7 million in non-recurring costs should bring add +$7.4 million in adjusted EBITDA. So looking at $6.5 + $7.4 = roughly $14 million in adjusted EBITDA next year?
All in all, surviving the current situation and seems to be on a positive climb from here.
Here is a lower bound for that estimate. I annualized fourth quarter ebitda plus the $112k on legal fees and $296k for SSI transaction costs. That works out to $1,402k for the fourth quarter ebitda adjusted for the aforementioned costs. Multiplying the total by 4 and adding $4,700k gives us
$10,308k in adjusted ebitda for 2025 excluding any additional growth from the Ontario and BC acquisitions.
I'm not sure where the fourth quarter typically ranks relative to the others on a seasonal basis. I believe for the most part, there is not much deviation in results from quarter to quarter so the estimate I provided above is reasonable.