Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. President, CEO & Director Mark Melville 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. Reported Earnings • May 11
First quarter 2026 earnings released: CA$0.012 loss per share (vs CA$0.032 loss in 1Q 2025) First quarter 2026 results: CA$0.012 loss per share (improved from CA$0.032 loss in 1Q 2025). Revenue: CA$29.8m (down 8.1% from 1Q 2025). Net loss: CA$1.58m (loss narrowed 62% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Glacier Media Inc., Annual General Meeting, Jun 23, 2026 Glacier Media Inc., Annual General Meeting, Jun 23, 2026. Location: british columbia, vancouver Canada Reported Earnings • Mar 21
Full year 2025 earnings released: EPS: CA$0.049 (vs CA$0.19 loss in FY 2024) Full year 2025 results: EPS: CA$0.049 (up from CA$0.19 loss in FY 2024). Revenue: CA$137.5m (down 3.1% from FY 2024). Net income: CA$6.42m (up CA$30.9m from FY 2024). Profit margin: 4.7% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Jan 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 17% 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: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Market cap is less than US$100m (CA$35.4m market cap, or US$25.6m). Reported Earnings • Aug 10
Second quarter 2025 earnings released: CA$0.041 loss per share (vs CA$0.025 loss in 2Q 2024) Second quarter 2025 results: CA$0.041 loss per share (further deteriorated from CA$0.025 loss in 2Q 2024). Revenue: CA$32.6m (down 2.7% from 2Q 2024). Net loss: CA$5.36m (loss widened 64% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 25% per year. Reported Earnings • May 09
First quarter 2025 earnings released: CA$0.032 loss per share (vs CA$0.034 loss in 1Q 2024) First quarter 2025 results: CA$0.032 loss per share (improved from CA$0.034 loss in 1Q 2024). Revenue: CA$32.5m (down 6.5% from 1Q 2024). Net loss: CA$4.14m (loss narrowed 6.5% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Announcement • Apr 18
Glacier Media Inc., Annual General Meeting, Jun 19, 2025 Glacier Media Inc., Annual General Meeting, Jun 19, 2025. Location: british columbia, vancouver Canada Reported Earnings • Mar 23
Full year 2024 earnings released: CA$0.19 loss per share (vs CA$0.76 loss in FY 2023) Full year 2024 results: CA$0.19 loss per share (improved from CA$0.76 loss in FY 2023). Revenue: CA$141.9m (down 8.4% from FY 2023). Net loss: CA$24.4m (loss narrowed 75% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: CA$0 (vs CA$0.032 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0 (improved from CA$0.032 loss in 3Q 2023). Revenue: CA$40.2m (down 5.7% from 3Q 2023). Net income: CA$37.0k (up CA$4.24m from 3Q 2023). Profit margin: 0.1% (up from net loss in 3Q 2023). 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. Reported Earnings • Aug 10
Second quarter 2024 earnings released: CA$0.025 loss per share (vs CA$0.062 loss in 2Q 2023) Second quarter 2024 results: CA$0.025 loss per share (improved from CA$0.062 loss in 2Q 2023). Revenue: CA$33.5m (down 10% from 2Q 2023). Net loss: CA$3.28m (loss narrowed 60% from 2Q 2023). 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. New Risk • Jul 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 70% per year over the past 5 years. Market cap is less than US$10m (CA$11.8m market cap, or US$8.56m). Reported Earnings • May 14
First quarter 2024 earnings released: CA$0.034 loss per share (vs CA$0.039 loss in 1Q 2023) First quarter 2024 results: CA$0.034 loss per share (improved from CA$0.039 loss in 1Q 2023). Revenue: CA$34.8m (down 11% from 1Q 2023). Net loss: CA$4.43m (loss narrowed 15% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • May 05
Glacier Media Inc., Annual General Meeting, Jun 27, 2024 Glacier Media Inc., Annual General Meeting, Jun 27, 2024. Location: Vancouver, BC VANCOUVER Canada Reported Earnings • Mar 24
Full year 2023 earnings released: CA$0.76 loss per share (vs CA$0.22 loss in FY 2022) Full year 2023 results: CA$0.76 loss per share (further deteriorated from CA$0.22 loss in FY 2022). Revenue: CA$154.9m (down 12% from FY 2022). Net loss: CA$99.3m (loss widened 236% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. New Risk • Feb 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.66m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (CA$13.1m market cap, or US$9.66m). New Risk • Feb 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 55% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$14.4m market cap, or US$10.7m). Reported Earnings • Nov 11
Third quarter 2023 earnings released: CA$0.032 loss per share (vs CA$0.006 loss in 3Q 2022) Third quarter 2023 results: CA$0.032 loss per share (further deteriorated from CA$0.006 loss in 3Q 2022). Revenue: CA$42.7m (down 11% from 3Q 2022). Net loss: CA$4.21m (loss widened 462% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. New Risk • Nov 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.8m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.1m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (CA$13.8m market cap, or US$9.97m). New Risk • Aug 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.1m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$20.3m market cap, or US$15.1m). Reported Earnings • Aug 11
Second quarter 2023 earnings released: CA$0.062 loss per share (vs CA$0.018 loss in 2Q 2022) Second quarter 2023 results: CA$0.062 loss per share (further deteriorated from CA$0.018 loss in 2Q 2022). Revenue: CA$37.3m (down 14% from 2Q 2022). Net loss: CA$8.19m (loss widened 243% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Jun 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% 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 (17% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$26.2m market cap, or US$19.9m). Reported Earnings • May 12
First quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.005 loss in 1Q 2022) First quarter 2023 results: CA$0.039 loss per share (further deteriorated from CA$0.005 loss in 1Q 2022). Revenue: CA$39.2m (down 7.1% from 1Q 2022). Net loss: CA$5.22m (loss widened CA$4.55m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 24
Full year 2022 earnings released: CA$0.22 loss per share (vs CA$0.037 loss in FY 2021) Full year 2022 results: CA$0.22 loss per share (further deteriorated from CA$0.037 loss in FY 2021). Revenue: CA$176.0m (up 7.0% from FY 2021). Net loss: CA$29.6m (loss widened CA$24.7m from FY 2021). 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. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Hugh McKinnon was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 16
Third quarter 2022 earnings released: CA$0.006 loss per share (vs CA$0.001 profit in 3Q 2021) Third quarter 2022 results: CA$0.006 loss per share (down from CA$0.001 profit in 3Q 2021). Revenue: CA$47.9m (up 19% from 3Q 2021). Net loss: CA$748.0k (down CA$823.0k from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
Second quarter 2022 earnings released: CA$0.018 loss per share (vs CA$0.014 loss in 2Q 2021) Second quarter 2022 results: CA$0.018 loss per share (down from CA$0.014 loss in 2Q 2021). Revenue: CA$43.1m (up 5.2% from 2Q 2021). Net loss: CA$2.39m (loss widened 25% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jul 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 7.3%. The fair value is estimated to be CA$0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 69%. Buying Opportunity • Jun 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.9%. The fair value is estimated to be CA$0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 69%. Reported Earnings • May 13
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CA$0.005 loss per share (down from CA$0.014 profit in 1Q 2021). Revenue: CA$42.2m (up 6.9% from 1Q 2021). Net loss: CA$666.0k (down 139% from profit in 1Q 2021). Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Announcement • Apr 22
Glacier Media Inc., Annual General Meeting, Jun 24, 2022 Glacier Media Inc., Annual General Meeting, Jun 24, 2022. Recent Insider Transactions • Apr 02
CEO, President & Director recently bought CA$80k worth of stock On the 30th of March, Jonathon James Kennedy bought around 200k shares on-market at roughly CA$0.40 per share. This was the largest purchase by an insider in the last 3 months. This was Jonathon James' only on-market trade for the last 12 months. Reported Earnings • Mar 28
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: CA$0.037 loss per share (up from CA$0.12 loss in FY 2020). Revenue: CA$164.6m (up 8.8% from FY 2020). Net loss: CA$4.88m (loss narrowed 67% from FY 2020). Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jan 02
Independent Director recently bought CA$370k worth of stock On the 30th of December, Geoffrey Scott bought around 1m shares on-market at roughly CA$0.37 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$2.4m more in shares than they have sold in the last 12 months. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS CA$0.001 (vs CA$0.009 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CA$40.2m (up 14% from 3Q 2020). Net income: CA$75.0k (down 93% from 3Q 2020). Profit margin: 0.2% (down from 3.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 14
Second quarter 2021 earnings released: CA$0.014 loss per share (vs CA$0.062 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$41.0m (up 32% from 2Q 2020). Net loss: CA$1.90m (loss narrowed 76% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Jun 16
Glacier Media Inc. announced that it has received CAD 1.254092 million in funding from Madison Venture Corporation Glacier Media Inc. (TSX:GVC) announced that it has entered into a purchase agreement with returning investor Madison Venture Corporation for a private placement of 3,058,762 common shares at a price of CAD 0.41 per share for gross proceeds of CAD 1,254,092.42 on June 15, 2021. Post the transaction, the investor now owns, directly or indirectly, 70,614,394 of the outstanding common shares of the company, which represents approximately 53.2% of the company's outstanding common shares. Recent Insider Transactions • May 28
Independent Director recently bought CA$1.2m worth of stock On the 26th of May, Geoffrey Scott bought around 3m shares on-market at roughly CA$0.41 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$2.0m more in shares than they have sold in the last 12 months. Reported Earnings • May 16
First quarter 2021 earnings released: EPS CA$0.014 (vs CA$0.098 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CA$39.5m (down 8.7% from 1Q 2020). Net income: CA$1.73m (up CA$13.9m from 1Q 2020). Profit margin: 4.4% (up from net loss in 1Q 2020). 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 16% per year. Recent Insider Transactions • Apr 02
Independent Director recently bought CA$820k worth of stock On the 31st of March, Geoffrey Scott bought around 2m shares on-market at roughly CA$0.41 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Apr 01
Glacier Media Inc. announced that it expects to receive CAD 2.05 million in funding from Madison Venture Corporation Glacier Media Inc. (TSX:GVC) announced that it has entered into a purchase agreement with returning investor, Madison Venture Corporation for private placement of 5,000,000 shares at a price of CAD0.41 per share for gross proceeds of CAD 2,050,000 on March 31, 2021. Post the closing, the investor and its affiliates own, directly or indirectly, 67,555,632 common shares which represents approximately 50.9% of company's outstanding common shares, and own warrants to acquire an additional 1,115,000 common shares at a price of CAD 4.48 per share. Reported Earnings • Mar 28
Full year 2020 earnings released: CA$0.12 loss per share (vs CA$0.29 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CA$151.3m (down 18% from FY 2019). Net loss: CA$15.0m (down 144% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Jan 29
Glacier Media Inc. announced that it has received CAD 4.283832 million in funding from Madison Venture Corporation On January 27, 2021, Glacier Media Inc. (TSX:GVC) closed the transaction. Is New 90 Day High Low • Jan 27
New 90-day high: CA$0.41 The company is up 76% from its price of CA$0.23 on 28 October 2020. The Canadian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 3.0% over the same period. Announcement • Jan 13
Glacier Media Inc. (TSX:GVC) made an offer to acquire the remaining 3.14% stake in GVIC Communications Corp. (TSX:GCT) Glacier Media Inc. (TSX:GVC) made an offer to acquire the remaining 3.14% stake in GVIC Communications Corp. (TSX:GCT) on January 12, 2021. The transaction will be settled through issuance of 7.7 million Glacier common stock. Currently, Glacier owns 37.9% Class B Voting shares and 97.7% Class C Non-Voting shares in GVIC. The transaction is subject to certain conditions, including the review and favorable recommendation by the special committee of GVIC, boards of directors approval, approval by the shareholders of GVIC and the negotiation of a definitive agreement. The definitive agreement is expected to contain customary closing conditions. The GVIC's shareholder meeting will be held on March 17, 2021. GVIC has formulated an independent special committee of the board of directors to review the transaction. Computershare acted as transfer agent for GVIC. Is New 90 Day High Low • Jan 05
New 90-day high: CA$0.36 The company is up 60% from its price of CA$0.23 on 06 October 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 6.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS CA$0.009 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: CA$35.3m (down 27% from 3Q 2019). Net income: CA$1.13m (up CA$4.30m from 3Q 2019). Profit margin: 3.2% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 04
New 90-day high: CA$0.35 The company is up 71% from its price of CA$0.20 on 05 August 2020. The Canadian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 6.0% over the same period.