or
Remember me
Back
Clarification from mgmt. Why the hell not make this clear in the fins?
"we had some onetime gains in Q4 related to pension plan and retirement plan adjustments, and some other typical year end true-ups of accruals. You’ll see in our Q4 adjusted EBITDA reconciliation we deducted other gains of $2.5m - so we got the benefit in our p&l but normalized for EBITDA purposes."
"If you take $19.7m and add back the $2.5m you’d get normalized or adjusted SGA of $22.2. The difference to Q1 is a mix of year end accruals and sole other changes in expenses from quarter to quarter."
lscfa wrote: Q4 MD&A says Q4 SG&A was $19,657,000...... Q1 2025 is $23,459,000.....no damn explanation. Is this due to acquisition of Zavy Limited in Nov 2024?