Breakdown | |||||
TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
2.97B | 2.98B | 2.98B | 2.90B | 2.51B | 2.38B | Gross Profit |
1.94B | 2.49B | 932.42M | 2.11B | 1.63B | 1.55B | EBIT |
738.76M | 768.76M | 810.04M | 770.32M | 697.37M | 653.54M | EBITDA |
1.44B | 1.36B | 1.39B | 1.36B | 1.20B | 1.17B | Net Income Common Stockholders |
346.63M | 335.53M | 392.27M | 423.30M | 401.52M | 375.17M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
11.61M | 76.33M | 362.92M | 370.90M | 365.52M | 366.50M | Total Assets |
2.62B | 9.68B | 9.77B | 9.28B | 7.35B | 6.80B | Total Debt |
1.05B | 4.82B | 5.04B | 4.68B | 3.28B | 3.12B | Net Debt |
1.04B | 4.75B | 4.68B | 4.31B | 2.91B | 2.76B | Total Liabilities |
1.54B | 6.20B | 6.33B | 6.09B | 4.55B | 4.16B | Stockholders Equity |
1.08B | 2.98B | 2.96B | 2.75B | 2.42B | 2.27B |
Cash Flow | Free Cash Flow | ||||
456.74M | 516.13M | 100.08M | 259.55M | 426.86M | 433.83M | Operating Cash Flow |
1.16B | 1.18B | 962.90M | 1.24B | 1.02B | 917.82M | Investing Cash Flow |
-900.46M | -916.61M | -954.47M | -2.41B | -984.83M | -557.27M | Financing Cash Flow |
-250.06M | -542.37M | -23.77M | 981.92M | -27.41M | -547.10M |
Cogeco Communications reported its financial results for the second quarter of fiscal 2025, highlighting a modest revenue increase and improved customer satisfaction in both Canada and the U.S. The company is progressing with its three-year transformation program, which aims to boost agility and competitiveness, and is on track with its Canadian wireless launch preparations. Despite facing revenue challenges, Cogeco achieved a 2.7% increase in adjusted EBITDA through cost reductions and operational efficiencies. The company declared a quarterly dividend increase of 8.0%, reflecting its commitment to returning value to shareholders.
Spark’s Take on TSE:CCA Stock
According to Spark, TipRanks’ AI Analyst, TSE:CCA is a Outperform.
Cogeco Communications is well-positioned financially with strong cash flow and operational efficiency. The stock’s technical indicators are favorable, and its valuation metrics suggest it is undervalued. However, the mixed outlook from the earnings call, particularly regarding anticipated revenue and EBITDA declines, warrants caution. Overall, the stock presents a balanced opportunity with potential for growth, tempered by market challenges.
To see Spark’s full report on TSE:CCA stock, click here.
Cogeco Communications Inc. has announced a private offering of $325 million in senior secured notes due in 2035, with an interest rate of 4.743%. The proceeds from this offering will be used to repay existing debt and for general corporate purposes, aiming to maintain the company’s financial flexibility. The notes are rated ‘BBB (low)’ by DBRS Limited with a stable outlook and are expected to be rated ‘BBB-‘ by Standard & Poor’s. This move reflects Cogeco’s strategic financial management and positions it to further solidify its market presence.