Colabor Group Reports Results for the Second Quarter 2025

SAINT-BRUNO-DE-MONTARVILLE, Quebec, July 24, 2025 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX:GCL) ("Colabor" or the "Company") reports its results for the second quarter ended June 14, 2025.

Second Quarter 2025 Financial Highlights:

Sales increased by 5.1% to $169.5 million, compared to $161.3 million for the corresponding period of 2024;

Net loss from continuing operations was $2.3 million, compared to net earnings of $1.7 million for the corresponding period of 2024;

Adjusted EBITDA(1) decreased to $5.4 million from $9.7 million for the corresponding period of 2024, with an adjusted EBITDA(1) margin to 3.2% of sales, compared to 6.0% of sales during the corresponding period of 2024;

Cash flow from operating activities decreased to $4.5 million compared to $5.0 million for the second quarter of 2024;

Net debt(2) increased to $97.3 million, compared to $47.8 million as at December 28, 2024; and

On June 3, 2025, the Company acquired the food distribution assets of Alimplus Inc. and all of the shares of its subsidiary Tout-Prêt Inc. (the "Acquisition"), concurrently concluded the amendment and restatement of the secured credit facility and extension of the subordinated debt and entered into a new $15.0 million highly subordinated debt agreement.

Recent Event:

On July 21, 2025, the Company announced that it identified a cybersecurity incident on July 20, 2025 that has impacted its internal IT systems. Refer to section 2.1 in MD&A for more information.

Table of Second Quarter 2025 Financial Highlights:

Financial highlights

12 weeks

24 weeks

(in thousands of dollars, except percentages, per share data and financial leverage ratio)

2025

 

2024

 

2025

 

2024

 

$

 

$

 

$

 

$

 

Sales from continuing operations

169,482

 

161,278

 

301,184

 

292,478

 

Adjusted EBITDA(1)

5,358

 

9,718

 

7,636

 

14,600

 

Adjusted EBITDA(1) margin (%)

3.2

 

6.0

 

2.5

 

5.0

 

Net (loss) earnings from continuing operations

(2,277

)

1,679

 

(6,299

)

(97

)

Net (loss) earnings

(2,277

)

1,659

 

(6,299

)

(117

)

Per share - basic and diluted ($)

(0.02

)

0.02

 

(0.06

)



 

Cash flow from operating activities

4,538

 

4,978

 

10,699

 

16,723

 

Financial position

 

 

 

As at