View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsImaflex 過去の業績過去 基準チェック /06Imaflexの収益は年間平均-15.8%の割合で減少していますが、 Packaging業界の収益は年間 減少しています。収益は年間0.8% 2.5%割合で 増加しています。 Imaflexの自己資本利益率は2.1%であり、純利益率は1.2%です。主要情報-15.79%収益成長率-16.60%EPS成長率Packaging 業界の成長9.45%収益成長率2.52%株主資本利益率2.06%ネット・マージン1.24%前回の決算情報30 Sep 2025最近の業績更新Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CA$0.07 (vs CA$0.008 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.07 (up from CA$0.008 in 2Q 2023). Revenue: CA$28.8m (up 18% from 2Q 2023). Net income: CA$3.43m (up CA$3.00m from 2Q 2023). Profit margin: 12% (up from 1.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 30First quarter 2024 earnings released: EPS: CA$0.04 (vs CA$0.018 in 1Q 2023)First quarter 2024 results: EPS: CA$0.04 (up from CA$0.018 in 1Q 2023). Revenue: CA$27.4m (up 18% from 1Q 2023). Net income: CA$1.85m (up 100% from 1Q 2023). Profit margin: 6.7% (up from 4.0% in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CA$0.01 (vs CA$0.18 in FY 2022)Full year 2023 results: EPS: CA$0.01 (down from CA$0.18 in FY 2022). Revenue: CA$93.6m (down 16% from FY 2022). Net income: CA$508.8k (down 94% from FY 2022). Profit margin: 0.5% (down from 8.2% in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year.Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.06 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.003 (down from CA$0.06 in 3Q 2022). Revenue: CA$22.9m (down 14% from 3Q 2022). Net income: CA$155.0k (down 95% from 3Q 2022). Profit margin: 0.7% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Packaging industry in Europe.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.066 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.01 (down from CA$0.066 in 2Q 2022). Revenue: CA$24.5m (down 24% from 2Q 2022). Net income: CA$438.0k (down 87% from 2Q 2022). Profit margin: 1.8% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Packaging industry in Europe.Reported Earnings • May 26First quarter 2023 earnings released: EPS: CA$0.02 (vs CA$0.04 in 1Q 2022)First quarter 2023 results: EPS: CA$0.02 (down from CA$0.04 in 1Q 2022). Revenue: CA$23.2m (down 25% from 1Q 2022). Net income: CA$923.0k (down 56% from 1Q 2022). Profit margin: 4.0% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Europe.すべての更新を表示Recent updatesお知らせ • Feb 28Imaflex Inc. Expects Its Shares to Be Delisted from the TSX Venture Exchange At the Close of Business on March 3, 2026Imaflex Inc. announced the completion of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act involving Soteria Flexibles AcquireCo Ltd. (the "Purchaser"), an affiliate of Soteria Flexibles Corp. ("Soteria"), pursuant to which the Purchaser has acquired all the issued and outstanding common shares (the "Shares") of Imaflex for CAD 2.35 in cash per Share (the "Consideration"), representing approximately CAD 123.0 million of equity value of the Corporation (the "Arrangement"). As a result of the completion of the Arrangement, it is expected that the Shares will be delisted from the TSX Venture Exchange at the close of business on March 3, 2026. The Corporation shall apply to cease to be a reporting issuer under Canadian securities laws in the provinces of Alberta, British Columbia and Québec.お知らせ • Dec 18Soteria Flexibles Corp. entered into a definitive arrangement agreement to acquire Imaflex Inc. (TSXV:IFX) from Joe Abbandonato for approximately CAD 120 million.Soteria Flexibles Corp. entered into a definitive arrangement agreement to acquire Imaflex Inc. (TSXV:IFX) from Joe Abbandonato for approximately CAD 120 million on December 17, 2025. A cash consideration of CAD 123 million valued at CAD 2.35 per share will be paid by Soteria Flexibles Corp. As part of consideration, CAD 123 million is paid towards common equity of Imaflex Inc.Upon completion of the Transaction, Imaflex will become a privately held company. The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders, subject to court approval and third party approval needed. The Board of Directors of Imaflex Inc. formed a special committee for the transaction. The deal has been unanimously approved by the board. Stifel Financial Corp. acted as fairness opinion provider for Imaflex Inc. Lavery, De Billy acted as legal advisor for Imaflex Inc. Stikeman Elliott LLP acted as legal advisor for Soteria Flexibles Corp. Winston & Strawn LLP acted as legal advisor for Soteria Flexibles Corp. Stifel Financial Corp. acted as financial advisor for Imaflex Inc.お知らせ • Jun 12Imaflex Inc. Elects Stephan Yazedjian as A New DirectorImaflex Inc. at its Annual General Meeting, held on June 11, 2025, approved the election of Stephan Yazedjian as a new director.お知らせ • Apr 14Imaflex Inc., Annual General Meeting, Jun 11, 2025Imaflex Inc., Annual General Meeting, Jun 11, 2025.お知らせ • Mar 27Imaflex Inc. Resumes Normal Operations Following Cybersecurity IncidentImaflex Inc. confirmed to its customers and stakeholders that following a recent cyber attack, the Corporation has restored its systems and resumed normal operations. On February 21, 2025, the Corporation announced that a cybersecurity incident had occurred, disrupting Imaflex's systems and operations. Imaflex immediately took steps to contain and mitigate any potential impact on its data and operations. The Corporation launched a comprehensive investigation to determine the source and extent of the incident, working closely with third-party cybersecurity experts in line with industry best practices. Although operations were impacted, Imaflex continued to manufacture, ship and perform back-office functions as required, albeit with some temporary workarounds. Imaflex is pleased to confirm that all systems and data have been fully restored, and operations have returned to normal. The Corporation remains committed to maintaining and implementing robust cybersecurity measures to protect its systems, data, and stakeholders.お知らせ • Feb 08Imaflex Inc. Announces Board ChangesImaflex Inc. announced that Mr. Roberto Longo has resigned from its Board of Directors for personal reasons, effective immediately. Concurrently, the Corporation has appointed Mr. Mario Settino to the Board of Directors, where he will also serve as Chair of the Audit Committee. Mr. Settino previously served on Imaflex's Board from 2017 until 2022, including as Chair of the Audit Committee. A seasoned professional with over 30 years of experience across diverse industries, he has held leadership roles at companies such as Balcan Innovations, BioAmber, Peds Legwear, Miranda Technologies, Loblaws, and Bombardier Aerospace. Mr. Settino is a chartered professional accountant who began his career at Deloitte. He holds a Bachelor of Commerce from Concordia University and a Graduate Diploma in Accountancy from McGill University.お知らせ • Sep 24+ 1 more updateImaflex Inc. Announces CEO Changes, Effective October 28, 2024Imaflex Inc. announced the appointment of Mr. Stephan Yazedjian as CEO of the Corporation. Mr.Yazedjian joins Imaflex as of October 28, 2024. Outgoing President and CEO, Mr. Joe Abbandonato, will move to Executive Chairman of Imaflex, ensuring a smooth leadership transition. A multilingual leader, Mr. Yazedjian previously worked as Chief Financial Officer at Fantuan, Chief of staff &Advisor to the COO at Reinsurance Group of America (RGA Inc.), and Chief Restructuring Officer at United Gulf Steel Company Ltd. Prior to this, he held senior positions with Mecachrome Inc., Scotia Capital, BMO Nesbitt Burns, and Ernst and Young (Corporate Finance). Additionally, Stephan has served in strategic advisory roles on several boards. Mr. Yazedjian holds an MBA and a Bachelor of Commerce from McGill University. He is a Certified Public Accountant (CPA - USA) and a Chartered Professional Accountant (CPA - Canada), as well as a member of the Ordre des Comptables Professionnels Agrs du Qubec. Additionally, he was certified as a Chartered Business Valuator by the Canadian Institute of Chartered Business Valuators.Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CA$0.07 (vs CA$0.008 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.07 (up from CA$0.008 in 2Q 2023). Revenue: CA$28.8m (up 18% from 2Q 2023). Net income: CA$3.43m (up CA$3.00m from 2Q 2023). Profit margin: 12% (up from 1.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.New Risk • Aug 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€48.7m market cap, or US$54.2m).New Risk • Jun 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€39.0m market cap, or US$42.0m).New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€32.0m market cap, or US$34.6m).Reported Earnings • May 30First quarter 2024 earnings released: EPS: CA$0.04 (vs CA$0.018 in 1Q 2023)First quarter 2024 results: EPS: CA$0.04 (up from CA$0.018 in 1Q 2023). Revenue: CA$27.4m (up 18% from 1Q 2023). Net income: CA$1.85m (up 100% from 1Q 2023). Profit margin: 6.7% (up from 4.0% in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Roberto Longo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CA$0.01 (vs CA$0.18 in FY 2022)Full year 2023 results: EPS: CA$0.01 (down from CA$0.18 in FY 2022). Revenue: CA$93.6m (down 16% from FY 2022). Net income: CA$508.8k (down 94% from FY 2022). Profit margin: 0.5% (down from 8.2% in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year.New Risk • Apr 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (€27.7m market cap, or US$29.7m).お知らせ • Apr 09Imaflex Inc., Annual General Meeting, Jun 13, 2024Imaflex Inc., Annual General Meeting, Jun 13, 2024.Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.06 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.003 (down from CA$0.06 in 3Q 2022). Revenue: CA$22.9m (down 14% from 3Q 2022). Net income: CA$155.0k (down 95% from 3Q 2022). Profit margin: 0.7% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Packaging industry in Europe.New Risk • Oct 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (€36.3m market cap, or US$38.1m).Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.066 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.01 (down from CA$0.066 in 2Q 2022). Revenue: CA$24.5m (down 24% from 2Q 2022). Net income: CA$438.0k (down 87% from 2Q 2022). Profit margin: 1.8% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Packaging industry in Europe.お知らせ • Jun 10+ 1 more updateImaflex Inc. Announces CEO ChangesImaflex Inc. announced that Mr. Joe Abbandonato, Executive Chairman of Imaflex, will resume the position of President and CEO of the Corporation. Due to a non-compete clause with a former business partner, newly appointed President and CEO, Roger Tambay, will be stepping down from this role with immediate effect until matters should be resolved. Mr. Abbandonato only recently stepped down as President and CEO and his reappointment will ensure a simple transition.お知らせ • May 31+ 1 more updateImaflex Inc. Appoints Roger Tambay as CEOImaflex Inc. announced the appointment of Roger Tambay to the position of President and CEO of the Corporation. Mr. Tambay joins Imaflex and its Board of Directors with immediate effect. Outgoing President and CEO, Mr. Joe Abbandonato, will remain as Executive Chairman of Imaflex, working closely with Mr. Tambay to ensure a smooth transition. Mr. Tambay brings over 30 years of global experience in the polymer and plastics industries with multinational, mid-market and early-stage companies. He is a subject matter expert in biopolymers and materials circularity. He is a driven, high achieving, fluently bilingual leader with a strong work ethic and diverse first-hand practical experience addressing a full scope of organization implications, including profit/loss, corporate and commercial development, operations and human resources management, research and development, strategy and legal. Mr. Tambay was previously Founder and President of BioShur Inc., co-founder and Co-President of FilmOrganic and Vice-President and General Manager at Balcan Plastics. He also held several positions at Eastman Chemical in Canada and the United States. Mr. Tambay holds an MBA from Concordia University, a bachelor's degree of civil and common law (BCL and LLB) from McGill University, and a Bachelor of Science (Chemistry) from the Université de Montréal. He is a member of the Barreau du Québec (Québec Bar).Reported Earnings • May 26First quarter 2023 earnings released: EPS: CA$0.02 (vs CA$0.04 in 1Q 2022)First quarter 2023 results: EPS: CA$0.02 (down from CA$0.04 in 1Q 2022). Revenue: CA$23.2m (down 25% from 1Q 2022). Net income: CA$923.0k (down 56% from 1Q 2022). Profit margin: 4.0% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Europe.お知らせ • May 25Imaflex Inc. Announces Chief Financial Officer ChangesImaflex Inc. announced that Mr. Giancarlo Santella, Chief Financial Officer (CFO), is leaving the Corporation to pursue other career opportunities in a new industry. Mr. Santella will continue to serve as CFO until his departure, which is planned for June 9, 2023. In the interim, the Corporation announced that John Ripplinger, Vice President Corporate Affairs, will also assume the responsibilities of the CFO role. Mr. Ripplinger has over 25 years of experience working in such areas as Strategic Planning, Financial Planning & Analysis, Budgeting & Reporting and Corporate Affairs, working predominantly for blue-chip companies. He holds an MBA from McGill University.Reported Earnings • Apr 20Full year 2022 earnings released: EPS: CA$0.18 (vs CA$0.17 in FY 2021)Full year 2022 results: EPS: CA$0.18 (up from CA$0.17 in FY 2021). Revenue: CA$111.5m (up 3.8% from FY 2021). Net income: CA$9.13m (up 9.1% from FY 2021). Profit margin: 8.2% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue.Reported Earnings • Nov 25Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: CA$26.6m (down 9.8% from 3Q 2021). Net income: CA$3.12m (up 13% from 3Q 2021). Profit margin: 12% (up from 9.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Packaging industry in Europe.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Roberto Longo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CA$0.066 (vs CA$0.04 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.066 (up from CA$0.04 in 2Q 2021). Revenue: CA$32.1m (up 17% from 2Q 2021). Net income: CA$3.42m (up 71% from 2Q 2021). Profit margin: 11% (up from 7.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.0%, compared to a 14% growth forecast for the Packaging industry in Germany.Reported Earnings • May 26First quarter 2022 earnings released: EPS: CA$0.04 (vs CA$0.039 in 1Q 2021)First quarter 2022 results: EPS: CA$0.04 (up from CA$0.039 in 1Q 2021). Revenue: CA$31.1m (up 25% from 1Q 2021). Net income: CA$2.08m (up 6.7% from 1Q 2021). Profit margin: 6.7% (down from 7.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.3%, compared to a 18% growth forecast for the industry in Germany.Buying Opportunity • May 05Now 20% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be €1.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 47%.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Roberto Longo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CA$0.17 (vs CA$0.13 in FY 2020)Full year 2021 results: EPS: CA$0.17 (up from CA$0.13 in FY 2020). Revenue: CA$107.5m (up 24% from FY 2020). Net income: CA$8.37m (up 32% from FY 2020). Profit margin: 7.8% (up from 7.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 16% growth forecast for the industry in Germany.Recent Insider Transactions • Sep 26Insider recently sold €350k worth of stockOn the 24th of September, Ralf Dujardin sold around 400k shares on-market at roughly €0.87 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €578k more than they bought in the last 12 months.Recent Insider Transactions • Sep 23VP of Manufacturing recently sold €65k worth of stockOn the 15th of September, Tony Abbandonato sold around 75k shares on-market at roughly €0.87 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €227k more than they bought in the last 12 months.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CA$0.04 (vs CA$0.007 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$27.4m (up 32% from 2Q 2020). Net income: CA$2.00m (up 485% from 2Q 2020). Profit margin: 7.3% (up from 1.6% in 2Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • May 28First quarter 2021 earnings released: EPS CA$0.039 (vs CA$0.062 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CA$24.9m (up 19% from 1Q 2020). Net income: CA$1.95m (down 37% from 1Q 2020). Profit margin: 7.8% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Apr 18Full year 2020 earnings released: EPS CA$0.13 (vs CA$0.031 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$86.7m (up 6.9% from FY 2019). Net income: CA$6.35m (up 314% from FY 2019). Profit margin: 7.3% (up from 1.9% in FY 2019). The increase in margin was driven by higher revenue.収支内訳Imaflex の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:6YS 収益、費用、利益 ( )CAD Millions日付収益収益G+A経費研究開発費30 Sep 25108111030 Jun 25109210031 Mar 25111610031 Dec 24110710030 Sep 2410869030 Jun 2410248031 Mar 249818031 Dec 239418030 Sep 239228030 Jun 239658031 Mar 2310488031 Dec 2211298030 Sep 22115108030 Jun 22118108031 Mar 2211487031 Dec 2110787030 Sep 2110487030 Jun 219777031 Mar 219157031 Dec 208767030 Sep 208357030 Jun 208047031 Mar 208047031 Dec 198127030 Sep 198527030 Jun 198727031 Mar 198826031 Dec 188646030 Sep 188547030 Jun 188547031 Mar 188747031 Dec 178847030 Sep 178637030 Jun 178237031 Mar 177627031 Dec 167406030 Sep 167216030 Jun 167216031 Mar 167316031 Dec 156916030 Sep 156816030 Jun 156606031 Mar 1562050質の高い収益: 6YSにはCA$2.5M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が30th September, 2025に影響を及ぼしています。利益率の向上: 6YSの現在の純利益率 (1.2%)は、昨年(5.3%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6YSの収益は過去 5 年間で年間15.8%減少しました。成長の加速: 6YSは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 6YSは過去 1 年間で収益成長率がマイナス ( -76.7% ) となったため、 Packaging業界平均 ( -19.2% ) と比較することが困難です。株主資本利益率高いROE: 6YSの 自己資本利益率 ( 2.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/03/02 09:15終値2026/02/27 00:00収益2025/09/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Imaflex Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Donangelo VolpeBeacon Securities Limited
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CA$0.07 (vs CA$0.008 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.07 (up from CA$0.008 in 2Q 2023). Revenue: CA$28.8m (up 18% from 2Q 2023). Net income: CA$3.43m (up CA$3.00m from 2Q 2023). Profit margin: 12% (up from 1.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 30First quarter 2024 earnings released: EPS: CA$0.04 (vs CA$0.018 in 1Q 2023)First quarter 2024 results: EPS: CA$0.04 (up from CA$0.018 in 1Q 2023). Revenue: CA$27.4m (up 18% from 1Q 2023). Net income: CA$1.85m (up 100% from 1Q 2023). Profit margin: 6.7% (up from 4.0% in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CA$0.01 (vs CA$0.18 in FY 2022)Full year 2023 results: EPS: CA$0.01 (down from CA$0.18 in FY 2022). Revenue: CA$93.6m (down 16% from FY 2022). Net income: CA$508.8k (down 94% from FY 2022). Profit margin: 0.5% (down from 8.2% in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year.
Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.06 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.003 (down from CA$0.06 in 3Q 2022). Revenue: CA$22.9m (down 14% from 3Q 2022). Net income: CA$155.0k (down 95% from 3Q 2022). Profit margin: 0.7% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Packaging industry in Europe.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.066 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.01 (down from CA$0.066 in 2Q 2022). Revenue: CA$24.5m (down 24% from 2Q 2022). Net income: CA$438.0k (down 87% from 2Q 2022). Profit margin: 1.8% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Packaging industry in Europe.
Reported Earnings • May 26First quarter 2023 earnings released: EPS: CA$0.02 (vs CA$0.04 in 1Q 2022)First quarter 2023 results: EPS: CA$0.02 (down from CA$0.04 in 1Q 2022). Revenue: CA$23.2m (down 25% from 1Q 2022). Net income: CA$923.0k (down 56% from 1Q 2022). Profit margin: 4.0% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Europe.
お知らせ • Feb 28Imaflex Inc. Expects Its Shares to Be Delisted from the TSX Venture Exchange At the Close of Business on March 3, 2026Imaflex Inc. announced the completion of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act involving Soteria Flexibles AcquireCo Ltd. (the "Purchaser"), an affiliate of Soteria Flexibles Corp. ("Soteria"), pursuant to which the Purchaser has acquired all the issued and outstanding common shares (the "Shares") of Imaflex for CAD 2.35 in cash per Share (the "Consideration"), representing approximately CAD 123.0 million of equity value of the Corporation (the "Arrangement"). As a result of the completion of the Arrangement, it is expected that the Shares will be delisted from the TSX Venture Exchange at the close of business on March 3, 2026. The Corporation shall apply to cease to be a reporting issuer under Canadian securities laws in the provinces of Alberta, British Columbia and Québec.
お知らせ • Dec 18Soteria Flexibles Corp. entered into a definitive arrangement agreement to acquire Imaflex Inc. (TSXV:IFX) from Joe Abbandonato for approximately CAD 120 million.Soteria Flexibles Corp. entered into a definitive arrangement agreement to acquire Imaflex Inc. (TSXV:IFX) from Joe Abbandonato for approximately CAD 120 million on December 17, 2025. A cash consideration of CAD 123 million valued at CAD 2.35 per share will be paid by Soteria Flexibles Corp. As part of consideration, CAD 123 million is paid towards common equity of Imaflex Inc.Upon completion of the Transaction, Imaflex will become a privately held company. The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders, subject to court approval and third party approval needed. The Board of Directors of Imaflex Inc. formed a special committee for the transaction. The deal has been unanimously approved by the board. Stifel Financial Corp. acted as fairness opinion provider for Imaflex Inc. Lavery, De Billy acted as legal advisor for Imaflex Inc. Stikeman Elliott LLP acted as legal advisor for Soteria Flexibles Corp. Winston & Strawn LLP acted as legal advisor for Soteria Flexibles Corp. Stifel Financial Corp. acted as financial advisor for Imaflex Inc.
お知らせ • Jun 12Imaflex Inc. Elects Stephan Yazedjian as A New DirectorImaflex Inc. at its Annual General Meeting, held on June 11, 2025, approved the election of Stephan Yazedjian as a new director.
お知らせ • Apr 14Imaflex Inc., Annual General Meeting, Jun 11, 2025Imaflex Inc., Annual General Meeting, Jun 11, 2025.
お知らせ • Mar 27Imaflex Inc. Resumes Normal Operations Following Cybersecurity IncidentImaflex Inc. confirmed to its customers and stakeholders that following a recent cyber attack, the Corporation has restored its systems and resumed normal operations. On February 21, 2025, the Corporation announced that a cybersecurity incident had occurred, disrupting Imaflex's systems and operations. Imaflex immediately took steps to contain and mitigate any potential impact on its data and operations. The Corporation launched a comprehensive investigation to determine the source and extent of the incident, working closely with third-party cybersecurity experts in line with industry best practices. Although operations were impacted, Imaflex continued to manufacture, ship and perform back-office functions as required, albeit with some temporary workarounds. Imaflex is pleased to confirm that all systems and data have been fully restored, and operations have returned to normal. The Corporation remains committed to maintaining and implementing robust cybersecurity measures to protect its systems, data, and stakeholders.
お知らせ • Feb 08Imaflex Inc. Announces Board ChangesImaflex Inc. announced that Mr. Roberto Longo has resigned from its Board of Directors for personal reasons, effective immediately. Concurrently, the Corporation has appointed Mr. Mario Settino to the Board of Directors, where he will also serve as Chair of the Audit Committee. Mr. Settino previously served on Imaflex's Board from 2017 until 2022, including as Chair of the Audit Committee. A seasoned professional with over 30 years of experience across diverse industries, he has held leadership roles at companies such as Balcan Innovations, BioAmber, Peds Legwear, Miranda Technologies, Loblaws, and Bombardier Aerospace. Mr. Settino is a chartered professional accountant who began his career at Deloitte. He holds a Bachelor of Commerce from Concordia University and a Graduate Diploma in Accountancy from McGill University.
お知らせ • Sep 24+ 1 more updateImaflex Inc. Announces CEO Changes, Effective October 28, 2024Imaflex Inc. announced the appointment of Mr. Stephan Yazedjian as CEO of the Corporation. Mr.Yazedjian joins Imaflex as of October 28, 2024. Outgoing President and CEO, Mr. Joe Abbandonato, will move to Executive Chairman of Imaflex, ensuring a smooth leadership transition. A multilingual leader, Mr. Yazedjian previously worked as Chief Financial Officer at Fantuan, Chief of staff &Advisor to the COO at Reinsurance Group of America (RGA Inc.), and Chief Restructuring Officer at United Gulf Steel Company Ltd. Prior to this, he held senior positions with Mecachrome Inc., Scotia Capital, BMO Nesbitt Burns, and Ernst and Young (Corporate Finance). Additionally, Stephan has served in strategic advisory roles on several boards. Mr. Yazedjian holds an MBA and a Bachelor of Commerce from McGill University. He is a Certified Public Accountant (CPA - USA) and a Chartered Professional Accountant (CPA - Canada), as well as a member of the Ordre des Comptables Professionnels Agrs du Qubec. Additionally, he was certified as a Chartered Business Valuator by the Canadian Institute of Chartered Business Valuators.
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CA$0.07 (vs CA$0.008 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.07 (up from CA$0.008 in 2Q 2023). Revenue: CA$28.8m (up 18% from 2Q 2023). Net income: CA$3.43m (up CA$3.00m from 2Q 2023). Profit margin: 12% (up from 1.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
New Risk • Aug 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€48.7m market cap, or US$54.2m).
New Risk • Jun 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€39.0m market cap, or US$42.0m).
New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€32.0m market cap, or US$34.6m).
Reported Earnings • May 30First quarter 2024 earnings released: EPS: CA$0.04 (vs CA$0.018 in 1Q 2023)First quarter 2024 results: EPS: CA$0.04 (up from CA$0.018 in 1Q 2023). Revenue: CA$27.4m (up 18% from 1Q 2023). Net income: CA$1.85m (up 100% from 1Q 2023). Profit margin: 6.7% (up from 4.0% in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Roberto Longo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CA$0.01 (vs CA$0.18 in FY 2022)Full year 2023 results: EPS: CA$0.01 (down from CA$0.18 in FY 2022). Revenue: CA$93.6m (down 16% from FY 2022). Net income: CA$508.8k (down 94% from FY 2022). Profit margin: 0.5% (down from 8.2% in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year.
New Risk • Apr 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (€27.7m market cap, or US$29.7m).
お知らせ • Apr 09Imaflex Inc., Annual General Meeting, Jun 13, 2024Imaflex Inc., Annual General Meeting, Jun 13, 2024.
Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.06 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.003 (down from CA$0.06 in 3Q 2022). Revenue: CA$22.9m (down 14% from 3Q 2022). Net income: CA$155.0k (down 95% from 3Q 2022). Profit margin: 0.7% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Packaging industry in Europe.
New Risk • Oct 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (€36.3m market cap, or US$38.1m).
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.066 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.01 (down from CA$0.066 in 2Q 2022). Revenue: CA$24.5m (down 24% from 2Q 2022). Net income: CA$438.0k (down 87% from 2Q 2022). Profit margin: 1.8% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Packaging industry in Europe.
お知らせ • Jun 10+ 1 more updateImaflex Inc. Announces CEO ChangesImaflex Inc. announced that Mr. Joe Abbandonato, Executive Chairman of Imaflex, will resume the position of President and CEO of the Corporation. Due to a non-compete clause with a former business partner, newly appointed President and CEO, Roger Tambay, will be stepping down from this role with immediate effect until matters should be resolved. Mr. Abbandonato only recently stepped down as President and CEO and his reappointment will ensure a simple transition.
お知らせ • May 31+ 1 more updateImaflex Inc. Appoints Roger Tambay as CEOImaflex Inc. announced the appointment of Roger Tambay to the position of President and CEO of the Corporation. Mr. Tambay joins Imaflex and its Board of Directors with immediate effect. Outgoing President and CEO, Mr. Joe Abbandonato, will remain as Executive Chairman of Imaflex, working closely with Mr. Tambay to ensure a smooth transition. Mr. Tambay brings over 30 years of global experience in the polymer and plastics industries with multinational, mid-market and early-stage companies. He is a subject matter expert in biopolymers and materials circularity. He is a driven, high achieving, fluently bilingual leader with a strong work ethic and diverse first-hand practical experience addressing a full scope of organization implications, including profit/loss, corporate and commercial development, operations and human resources management, research and development, strategy and legal. Mr. Tambay was previously Founder and President of BioShur Inc., co-founder and Co-President of FilmOrganic and Vice-President and General Manager at Balcan Plastics. He also held several positions at Eastman Chemical in Canada and the United States. Mr. Tambay holds an MBA from Concordia University, a bachelor's degree of civil and common law (BCL and LLB) from McGill University, and a Bachelor of Science (Chemistry) from the Université de Montréal. He is a member of the Barreau du Québec (Québec Bar).
Reported Earnings • May 26First quarter 2023 earnings released: EPS: CA$0.02 (vs CA$0.04 in 1Q 2022)First quarter 2023 results: EPS: CA$0.02 (down from CA$0.04 in 1Q 2022). Revenue: CA$23.2m (down 25% from 1Q 2022). Net income: CA$923.0k (down 56% from 1Q 2022). Profit margin: 4.0% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Europe.
お知らせ • May 25Imaflex Inc. Announces Chief Financial Officer ChangesImaflex Inc. announced that Mr. Giancarlo Santella, Chief Financial Officer (CFO), is leaving the Corporation to pursue other career opportunities in a new industry. Mr. Santella will continue to serve as CFO until his departure, which is planned for June 9, 2023. In the interim, the Corporation announced that John Ripplinger, Vice President Corporate Affairs, will also assume the responsibilities of the CFO role. Mr. Ripplinger has over 25 years of experience working in such areas as Strategic Planning, Financial Planning & Analysis, Budgeting & Reporting and Corporate Affairs, working predominantly for blue-chip companies. He holds an MBA from McGill University.
Reported Earnings • Apr 20Full year 2022 earnings released: EPS: CA$0.18 (vs CA$0.17 in FY 2021)Full year 2022 results: EPS: CA$0.18 (up from CA$0.17 in FY 2021). Revenue: CA$111.5m (up 3.8% from FY 2021). Net income: CA$9.13m (up 9.1% from FY 2021). Profit margin: 8.2% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Nov 25Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: CA$26.6m (down 9.8% from 3Q 2021). Net income: CA$3.12m (up 13% from 3Q 2021). Profit margin: 12% (up from 9.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Packaging industry in Europe.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Roberto Longo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CA$0.066 (vs CA$0.04 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.066 (up from CA$0.04 in 2Q 2021). Revenue: CA$32.1m (up 17% from 2Q 2021). Net income: CA$3.42m (up 71% from 2Q 2021). Profit margin: 11% (up from 7.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.0%, compared to a 14% growth forecast for the Packaging industry in Germany.
Reported Earnings • May 26First quarter 2022 earnings released: EPS: CA$0.04 (vs CA$0.039 in 1Q 2021)First quarter 2022 results: EPS: CA$0.04 (up from CA$0.039 in 1Q 2021). Revenue: CA$31.1m (up 25% from 1Q 2021). Net income: CA$2.08m (up 6.7% from 1Q 2021). Profit margin: 6.7% (down from 7.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.3%, compared to a 18% growth forecast for the industry in Germany.
Buying Opportunity • May 05Now 20% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be €1.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 47%.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Roberto Longo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CA$0.17 (vs CA$0.13 in FY 2020)Full year 2021 results: EPS: CA$0.17 (up from CA$0.13 in FY 2020). Revenue: CA$107.5m (up 24% from FY 2020). Net income: CA$8.37m (up 32% from FY 2020). Profit margin: 7.8% (up from 7.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 16% growth forecast for the industry in Germany.
Recent Insider Transactions • Sep 26Insider recently sold €350k worth of stockOn the 24th of September, Ralf Dujardin sold around 400k shares on-market at roughly €0.87 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €578k more than they bought in the last 12 months.
Recent Insider Transactions • Sep 23VP of Manufacturing recently sold €65k worth of stockOn the 15th of September, Tony Abbandonato sold around 75k shares on-market at roughly €0.87 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €227k more than they bought in the last 12 months.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CA$0.04 (vs CA$0.007 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$27.4m (up 32% from 2Q 2020). Net income: CA$2.00m (up 485% from 2Q 2020). Profit margin: 7.3% (up from 1.6% in 2Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • May 28First quarter 2021 earnings released: EPS CA$0.039 (vs CA$0.062 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CA$24.9m (up 19% from 1Q 2020). Net income: CA$1.95m (down 37% from 1Q 2020). Profit margin: 7.8% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Apr 18Full year 2020 earnings released: EPS CA$0.13 (vs CA$0.031 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$86.7m (up 6.9% from FY 2019). Net income: CA$6.35m (up 314% from FY 2019). Profit margin: 7.3% (up from 1.9% in FY 2019). The increase in margin was driven by higher revenue.