Announcement • Apr 25
Supremex Inc. to Report Q1, 2026 Results on May 07, 2026 Supremex Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Upcoming Dividend • Mar 12
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 19 March 2026. Payment date: 02 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Canadian dividend payers (5.6%). Higher than average of industry peers (2.2%). Announcement • Mar 10
Supremex Inc., Annual General Meeting, May 07, 2026 Supremex Inc., Annual General Meeting, May 07, 2026. Location: quebec, montreal Canada Declared Dividend • Feb 22
Dividend of CA$0.05 announced Shareholders will receive a dividend of CA$0.05. Ex-date: 19th March 2026 Payment date: 2nd April 2026 Dividend yield will be 19%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 22
Full year 2025 earnings released: EPS: CA$0.49 (vs CA$0.47 loss in FY 2024) Full year 2025 results: EPS: CA$0.49 (up from CA$0.47 loss in FY 2024). Revenue: CA$274.8m (down 2.2% from FY 2024). Net income: CA$12.0m (up CA$23.8m from FY 2024). Profit margin: 4.4% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Feb 20
Supremex Inc. Declares Quarterly Dividend, Payable on April 2, 2026 Supremex Inc. on February 18, 2026, the Board of Directors declared a quarterly dividend of $0.05 per common share, payable on April 2, 2026, to the shareholders of record at the close of business on March 19, 2026. Announcement • Feb 19
Supremex Inc. (TSX:SXP) acquired Elite Envelope & Graphics, Inc. Supremex Inc. (TSX:SXP) acquired Elite Envelope & Graphics, Inc. on December 8, 2025.
Highland Advisory Group LLC acted as financial advisor for Elite Envelope & Graphics, Inc.
Supremex Inc. (TSX:SXP) completed the acquisition of Elite Envelope & Graphics, Inc. on December 8, 2025. Announcement • Feb 09
Supremex Inc. to Report Q4, 2025 Results on Feb 19, 2026 Supremex Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Upcoming Dividend • Nov 27
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 04 December 2025. Payment date: 19 December 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (2.0%). Declared Dividend • Nov 10
Dividend of CA$0.05 announced Shareholders will receive a dividend of CA$0.05. Ex-date: 4th December 2025 Payment date: 19th December 2025 Dividend yield will be 20%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: CA$0.37 (vs CA$0.93 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.37 (up from CA$0.93 loss in 3Q 2024). Revenue: CA$65.7m (down 5.3% from 3Q 2024). Net income: CA$9.13m (up CA$32.2m from 3Q 2024). Profit margin: 14% (up from net loss in 3Q 2024). Revenue is expected to decline by 1.2% p.a. on average during the next 2 years, while revenues in the Forestry industry in Canada are expected to grow by 5.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Announcement • Oct 23
Supremex Inc. to Report Q3, 2025 Results on Nov 06, 2025 Supremex Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025 Announcement • Oct 15
Supremex Inc. Announces the Passing of Warren J. White, Director Supremex Inc. announced the passing of Mr. Warren J. White, director of the Company. Mr. White had served on Supremex’s Board since 2014, bringing with him a wealth of experience and insight from a distinguished career in business. A Chartered Professional Accountant and MBA graduate from Concordia University, Mr. White held senior leadership roles at several large international manufacturing organizations, including CGI, Alcan, Dominion Textiles, and Lafarge, with responsibilities spanning information technology, finance, procurement, and strategic planning. He also served as Chairman of Colabor Group Inc. and sat on the Board of Directors of Circa Enterprises Inc. Upcoming Dividend • Aug 28
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 19 September 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (1.8%). Declared Dividend • Aug 11
Second quarter dividend of CA$0.05 announced Shareholders will receive a dividend of CA$0.05. Ex-date: 4th September 2025 Payment date: 19th September 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (22% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Reported Earnings • Aug 10
Second quarter 2025 earnings released: CA$0.013 loss per share (vs CA$0.079 profit in 2Q 2024) Second quarter 2025 results: CA$0.013 loss per share (down from CA$0.079 profit in 2Q 2024). Revenue: CA$66.0m (down 4.9% from 2Q 2024). Net loss: CA$309.0k (down 116% from profit in 2Q 2024). Revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Forestry industry in Canada are expected to grow by 5.3%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • Jul 24
Supremex Inc. to Report Q2, 2025 Results on Aug 07, 2025 Supremex Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Upcoming Dividend • May 29
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 05 June 2025. Payment date: 20 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (1.9%). Declared Dividend • May 12
First quarter dividend of CA$0.05 announced Shareholders will receive a dividend of CA$0.05. Ex-date: 5th June 2025 Payment date: 20th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (15% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: CA$0.078 (vs CA$0.14 in 1Q 2024) First quarter 2025 results: EPS: CA$0.078 (down from CA$0.14 in 1Q 2024). Revenue: CA$70.2m (down 4.1% from 1Q 2024). Net income: CA$1.92m (down 45% from 1Q 2024). Profit margin: 2.7% (down from 4.8% in 1Q 2024). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Forestry industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Apr 24
Supremex Inc. to Report Q1, 2025 Results on May 08, 2025 Supremex Inc. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Upcoming Dividend • Mar 13
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 20 March 2025. Payment date: 04 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (1.8%). Announcement • Mar 10
Supremex Inc., Annual General Meeting, May 08, 2025 Supremex Inc., Annual General Meeting, May 08, 2025. Location: quebec, montreal Canada Declared Dividend • Feb 24
Fourth quarter dividend of CA$0.05 announced Shareholders will receive a dividend of CA$0.05. Ex-date: 20th March 2025 Payment date: 4th April 2025 Dividend yield will be 4.4%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. New Risk • Feb 21
New major risk - Revenue and earnings growth Earnings have declined by 2.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.7% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (CA$100.9m market cap, or US$71.1m). Announcement • Feb 21
Supremex Inc. Declares A Quarterly Dividend, Payable on April 4, 2025 On February 19, 2025, Supremex Inc. Board of Directors declared a quarterly dividend of $0.05 per common share, payable on April 4, 2025, to shareholders of record at the close of business on March 20, 2025. This dividend is designated as an "eligible" dividend for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Announcement • Feb 06
Supremex Inc. to Report Q4, 2024 Results on Feb 20, 2025 Supremex Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025 Upcoming Dividend • Nov 28
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 05 December 2024. Payment date: 20 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (1.4%). Declared Dividend • Nov 10
Third quarter dividend increased to CA$0.05 Dividend of CA$0.05 is 43% higher than last year. Ex-date: 5th December 2024 Payment date: 20th December 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (11% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Reported Earnings • Nov 08
Third quarter 2024 earnings released: CA$0.93 loss per share (vs CA$0.19 profit in 3Q 2023) Third quarter 2024 results: CA$0.93 loss per share (down from CA$0.19 profit in 3Q 2023). Revenue: CA$69.4m (flat on 3Q 2023). Net loss: CA$23.0m (down CA$28.0m from profit in 3Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Forestry industry in Canada. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. New Risk • Nov 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (CA$98.2m market cap, or US$70.9m). Board Change • Oct 24
Insufficient new directors There 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 Paul Reilly was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 24
Supremex Inc. to Report Q3, 2024 Results on Nov 07, 2024 Supremex Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024 Announcement • Aug 08
Supremex Inc. Approves Quarterly Dividend, Payable on September 20, 2024 Supremex Inc. announced that on August 7, 2024, the Board of Directors declared a quarterly dividend of $0.04 per common share, payable on September 20, 2024, to shareholders of record at the close of business on September 5, 2024. Announcement • Jul 26
Supremex Inc. Announces Optimization Measures for its Envelope Activities Supremex Inc. announced optimization initiatives aimed at improving costs, overall efficiency, productivity and achieving synergies within its Envelope segment operations. These initiatives are expected to result in annual cost savings in excess of $2.0 million once all measures are implemented, primarily from the reduction of rent and other fixed costs, and modest productivity improvements. First, the Company is ceasing production at its very small facility in Niagara Falls, New York, effective immediately and maintaining the premises as a distribution centre. Additionally, Supremex will close its facility in Concord, Ontario, as its lease expires in February 2025 and will transfer the location’s most efficient production equipment, primarily to its other Greater Toronto area envelope plants in Mississauga and Etobicoke over the coming months. These measures will not result in significant headcount reduction as the vast majority of employees will be relocated within the Company’s existing operations. Related to these moves, Supremex will record restructuring charges of approximately $2.7 million before taxes for a period extending from the third quarter of 2024 through the first quarter of 2025. Announcement • Jul 25
Supremex Inc. to Report Q2, 2024 Results on Aug 08, 2024 Supremex Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 Upcoming Dividend • May 30
Upcoming dividend of CA$0.04 per share Eligible shareholders must have bought the stock before 06 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (1.5%). Declared Dividend • May 12
First quarter dividend of CA$0.04 announced Shareholders will receive a dividend of CA$0.04. Ex-date: 6th June 2024 Payment date: 21st June 2024 Dividend yield will be 3.9%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: CA$0.14 (vs CA$0.37 in 1Q 2023) First quarter 2024 results: EPS: CA$0.14 (down from CA$0.37 in 1Q 2023). Revenue: CA$73.3m (down 17% from 1Q 2023). Net income: CA$3.50m (down 63% from 1Q 2023). Profit margin: 4.8% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Forestry industry in Canada. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Announcement • May 09
Supremex Inc. Declares Quarterly Dividend, Payable on June 21, 2024 On May 8, 2024, the Board of Directors of Supremex Inc. declared a quarterly dividend of $0.04 per common share, payable on June 21, 2024, to shareholders of record at the close of business on June 6, 2024. Announcement • Apr 27
Supremex Inc. to Report Q1, 2024 Results on May 08, 2024 Supremex Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Upcoming Dividend • Mar 13
Upcoming dividend of CA$0.04 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 05 April 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (1.6%). Announcement • Feb 27
Supremex Inc., Annual General Meeting, May 09, 2024 Supremex Inc., Annual General Meeting, May 09, 2024. Declared Dividend • Feb 26
Fourth quarter dividend increased to CA$0.04 Dividend of CA$0.04 is 14% higher than last year. Ex-date: 20th March 2024 Payment date: 5th April 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 49% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Feb 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (CA$99.7m market cap, or US$73.9m). Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: CA$0.67 (vs CA$1.09 in FY 2022) Full year 2023 results: EPS: CA$0.67 (down from CA$1.09 in FY 2022). Revenue: CA$302.2m (up 11% from FY 2022). Net income: CA$17.3m (down 39% from FY 2022). Profit margin: 5.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.5% p.a. on average during the next 2 years, while revenues in the Forestry industry in Canada are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Feb 22
Supremex Inc. Declares Quarterly Dividend, Payable on April 5, 2024 On February 21, 2024, the Board of Directors Of Supremex Inc. declared a quarterly dividend of $0.04 per common share, payable on April 5, 2024, to the shareholders of record at the close of business on March 21, 2024. This dividend is designated as an "eligible" dividend for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Announcement • Feb 09
Supremex Inc. to Report Q4, 2023 Results on Feb 22, 2024 Supremex Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 22, 2024 Board Change • Jan 17
Insufficient new directors There 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. 5 highly experienced directors. Independent Director Paul Reilly was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 11
Supremex Inc. Declares Quarterly Dividend, Payable on December 22, 2023 Supremex Inc. On November 8, 2023, the Board of Directors declared a quarterly dividend of $0.035 per common share, payable on December 22, 2023, to shareholders of record at the close of business on December 7, 2023. Announcement • Oct 27
Supremex Inc. to Report Q3, 2023 Results on Nov 09, 2023 Supremex Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023 Announcement • Oct 05
Supremex Inc. Appoints Paul V. Reilly as Independent Director Supremex Inc. announced the appointment of Mr. Paul V. Reilly as new independent director of the board of directors of the Company to fill a recent vacancy. Mr. Paul V. Reilly is a founder and partner at New Direction Partners since 2009, where he has been providing investment banking and M&A advisory services, valuation services, strategic planning and management consulting to clients in the packaging, commercial printing, direct mail, envelope manufacturing and other related industries. Previously, Mr. Reilly was CEO, President and Chairman of the board at Cenveo Inc. He has a BBA in Finance and an MBA in Computer Methodology from Baruch College. Mr. Reilly currently serves on the board of Softprint, on the advisory board of Great American Packaging and is the Chairman of the Board of Construct Sun - a seller and installer of residential and small commercial solar power systems. He was Chair of the Meeting and Content Committee of the Envelope Manufacturers Association (“EMA”) and on the board of PIA/GATF. He previously served on the EMA Foundation Board of Trustees. He was also a member of the Business Roundtable, an association of CEOs from leading corporations. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CA$4.90, the stock trades at a trailing P/E ratio of 4.8x. Average forward P/E is 11x in the Forestry industry in Canada. Total returns to shareholders of 286% over the past three years. Upcoming Dividend • Aug 30
Upcoming dividend of CA$0.035 per share at 3.0% yield Eligible shareholders must have bought the stock before 06 September 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (1.8%). Price Target Changed • Aug 11
Price target decreased by 16% to CA$8.31 Down from CA$9.91, the current price target is an average from 4 analysts. New target price is 64% above last closing price of CA$5.06. Stock is up 13% over the past year. The company posted earnings per share of CA$1.09 last year. Announcement • Aug 11
Supremex Inc. Declares Quarterly Dividend, Payable on September 22, 2023 On August 9, 2023, the Board of Directors of Supremex Inc. declared a quarterly dividend of $0.035 per common share, payable on September 22, 2023 to shareholders of record at the close of business on September 7, 2023. This dividend is designated as an "eligible" dividend for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: CA$0.37 (vs CA$0.24 in 1Q 2022) First quarter 2023 results: EPS: CA$0.37 (up from CA$0.24 in 1Q 2022). Revenue: CA$88.4m (up 40% from 1Q 2022). Net income: CA$9.50m (up 51% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Canada. Over the last 3 years on average, earnings per share has increased by 56% per year whereas the company’s share price has increased by 60% per year. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CA$5.07, the stock trades at a trailing P/E ratio of 4.2x. Average forward P/E is 15x in the Forestry industry in Canada. Total returns to shareholders of 328% over the past three years. Announcement • Aug 04
Supremex Inc. to Report Q2, 2023 Results on Aug 10, 2023 Supremex Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CA$6.21, the stock trades at a trailing P/E ratio of 5.1x. Average forward P/E is 14x in the Forestry industry in Canada. Total returns to shareholders of 466% over the past three years. Announcement • Jun 14
Supremex Inc. Announces the Passing of Andrew I. (Drew) Sullivan, Director Supremex Inc. announced the passing of Mr. Andrew I. (Drew) Sullivan, director of the Company. Mr. Sullivan was a member of Supremex’s Board of Directors since November 2016 and was also a member of the Audit and Corporate Governance Committees since May 2018 as well as a member of the Human Resources Committee since August 2022. He had a long and distinguished career in the business forms and print communication sectors, retiring in 2019 from his role as Senior Vice President of RR Donnelley Brazil, prior to which he was President of RR Donnelley Canada. Upcoming Dividend • May 31
Upcoming dividend of CA$0.035 per share at 2.5% yield Eligible shareholders must have bought the stock before 07 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.8%). Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CA$0.37 (vs CA$0.24 in 1Q 2022) First quarter 2023 results: EPS: CA$0.37 (up from CA$0.24 in 1Q 2022). Revenue: CA$88.4m (up 40% from 1Q 2022). Net income: CA$9.50m (up 51% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Canada. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Announcement • May 09
Supremex Inc. (TSX:SXP) acquired assets of Graf-Pak Inc. for approximately CAD 6 million. Supremex Inc. (TSX:SXP) acquired assets of Graf-Pak Inc. for approximately CAD 6 million on May 8, 2023. As reported, the transaction was concluded for a total consideration of approximately CAD 6 million, on a cash-free and debt-free basis, subject to customary adjustments. The acquisition was financed through Supremex's existing credit facility. For its last fiscal year, Graf-Pak generated sales of approximately CAD 6.7 million. Supremex intends to integrate Graf-Pak’s operations into its Lachine hub over the next 90 days and we expect this tuck-in operation to rapidly yield synergies within our folding carton group.Supremex Inc. (TSX:SXP) completed the acquisition of assets of Graf-Pak Inc. on May 8, 2023. Recent Insider Transactions • May 06
Insider recently bought CA$282k worth of stock On the 2nd of May, George Christopoulos bought around 50k shares on-market at roughly CA$5.64 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$481k more in shares than they have sold in the last 12 months. Announcement • May 04
Supremex Inc. to Report Q1, 2023 Results on May 09, 2023 Supremex Inc. announced that they will report Q1, 2023 results After-Market on May 09, 2023 Price Target Changed • Mar 20
Price target increased by 11% to CA$10.38 Up from CA$9.33, the current price target is an average from 3 analysts. New target price is 73% above last closing price of CA$6.00. Stock is up 72% over the past year. The company posted earnings per share of CA$1.09 last year. Upcoming Dividend • Mar 15
Upcoming dividend of CA$0.035 per share at 2.1% yield Eligible shareholders must have bought the stock before 22 March 2023. Payment date: 07 April 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (1.9%).