TSXV:TOI - Post Discussion
Post by
GrahamB on May 02, 2024 2:17am
Q1 Highlights:Growing FCF
Q1 2024 Headlines:
- Revenue increased 16% (5% organic growth) to €306.6 million compared to €264.4 million in Q1 2023.
- Net income increased to €28.3 million (€0.22 on a diluted per share basis) from €21.1 million (€0.17 on a diluted per share basis).
- Acquisitions were completed for aggregate cash consideration of €36.5 million (which includes acquired cash). Deferred payments associated with these acquisitions have an estimated value of €17.5 million resulting in total consideration of €54.0 million.
- Cash flows from operations (“CFO”) increased €53.5 million to €227.5 million compared to €174.0 million in Q1 2023 representing an increase of 31%.
- Free cash flow available to shareholders1 (“FCFA2S”) increased €32.3 million to €133.4 million compared to €101.1 in Q1 2023.
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