Yellow Pages Limited Reports Q1 2025 Financial Results

Yellow Pages Limited ( (YLWDF) ) has released its Q1 earnings. Here is a breakdown of the information Yellow Pages Limited presented to its investors.

Yellow Pages Limited is a Canadian digital media and marketing company that facilitates interactions and transactions in the local economy through platforms like YP.ca, Canada411, and 411.ca. The company also offers mobile applications and print directories.

In its first quarter of 2025, Yellow Pages Limited reported a continued positive trend towards revenue stability, despite a year-over-year revenue decline. The company highlighted solid earnings and a strong cash position, with a declared cash dividend of $0.25 per common share.

The company’s total revenues decreased by 7.6% compared to the previous year, amounting to $50.8 million. This decline was primarily attributed to a reduction in digital and print revenues, although the rate of revenue decline showed improvement. Adjusted EBITDA for the quarter was 23.4% of revenue, down from the previous year, reflecting ongoing investments in sales force expansion and revenue initiatives.

Net income for the quarter stood at $5.0 million, a decrease from the previous year’s $8.4 million, influenced by lower Adjusted EBITDA and increased restructuring charges. Despite these challenges, the company maintained a strong cash balance of approximately $49 million and continued to optimize costs.

Looking ahead, Yellow Pages Limited remains optimistic about its medium- and long-term prospects, supported by stable renewal rates, new customer acquisitions, and increased average spend per customer. The company aims to continue its focus on revenue generation and cost optimization strategies.