Significant Increase in Adjusted EBITDA
Adjusted EBITDA excluding out-of-period items increased by 43.5% to $33.4 million, indicating strong operational performance.
Home Healthcare Growth
Delivered a record 11 million hours of care in 2024, with Q4 showing a 10.1% increase in average daily volume from the prior year period.
Ontario Government Funding Increase
4% rate increase for the home care sector retroactive to April 1, 2024, supporting compensation, recruitment, retention, and technology investments.
Expansion Achievements
Opened a new home in Kingston with 192 beds and another 256 beds in Stittsville, Ontario, contributing to strong results in the managed services segment.
Dividend Increase
Announced a 5% increase in the common share dividend to $0.042 per month, reflecting financial strength and growth potential.