{"id":34060,"date":"2026-07-10T02:52:00","date_gmt":"2026-07-10T00:52:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=b4e2b507e762a15f04bacb151c1e994d"},"modified":"2026-07-10T02:52:00","modified_gmt":"2026-07-10T00:52:00","slug":"postmedia-reports-third-quarter-results","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=34060","title":{"rendered":"Postmedia Reports Third Quarter Results"},"content":{"rendered":"

TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (\u201cPostmedia\u201d or the \u201cCompany\u201d) today released financial information for the three and nine months ended May 31, 2026.<\/p><\/a><\/a>

\n\u201cThe third quarter results reflect continued momentum in our diversified revenue streams, supported by the contribution of the recently acquired accelerate360 Canada business and ongoing growth in parcel delivery,\u201d said Andrew MacLeod, President and Chief Executive Officer of Postmedia. \u201cAt the same time, the continued evolution of advertising and circulation revenue reinforces the importance of taking a proactive and disciplined approach as we adapt to the changes reshaping the broader media industry.\u201d<\/p>

\n\u201cWe remain focused on integrating new capabilities across the business, managing costs responsibly and advancing our strategy to build a more diversified and sustainable Postmedia. This includes our ongoing digital transformation, with a revitalized digital platform beginning to roll out across our network to strengthen the reader experience, deepen audience engagement and better connect communities with the journalism that matters to them.\u201d<\/p>

\nThird Quarter Operating Results<\/b><\/p>

\nRevenue for the quarter was $146.7 million as compared to $109.2 million in the same period in the prior year, representing an increase of $37.5 million (34.4%). The revenue increase was primarily due to increases in product distribution revenue of $41.2 million, other revenue of $2.3 million (40.7%) and parcel revenue of $2.1 million (16.4%), partially offset by decreases in advertising revenue of $6.4 million (11.6%) and circulation revenue of $1.7 million (4.8%).<\/p>

\nTotal operating expenses excluding depreciation, amortization, restructuring and other increased $40.3 million, or 38.8%, for the quarter ended May 31, 2026, relative to the same period in the prior year. The increase relates entirely to the acquisition of accelerate360 Canada, which added $44.4 million in expenses during the quarter. Excluding the acquisition, expenses were down $4.1 million.<\/p>

\nOperating income before depreciation, amortization and restructuring and other in the quarter ended May 31, 2026 was $2.6 million, a decrease of $2.8 million relative to the same period in the prior year. The decrease is due to an increase in operating expenses excluding depreciation, amortization, restructuring and other, partially offset by an increase in total revenue.<\/p>

\nNet loss in the quarter ended May 31, 2026 was $35.4 million, as compared to a net income of $7.9 million in the same period in the prior year. The increase in net loss was primarily the result of a decrease in operating income before depreciation, amortization, restructuring and other, an increase in foreign currency exchange losses, depreciation, restructuring and other, and interest expense.<\/p>

\nYear to Date Operating Results<\/b><\/p>

\nRevenue for the nine months ended May 31, 2026 was $368.5 million as compared to $330.3 million in the same period in the prior year, representing an increase of $38.2 million (11.6%). The revenue increase was primarily due to increases in product distribution revenue of $41.2 million, parcel revenue of $9.1 million (23.1%), and other revenue of $5.6 million (25.0%), partially offset by decreases in advertising revenue of $11.2 million (7.0%) and circulation revenue of $6.4 million (6.0%).<\/p>

\nTotal operating expenses excluding depreciation, amortization, impairment and restructuring and other increased $40.5 million, or 13.1%, for the nine months ended May 31, 2026, relative to the same period in the prior year. The increase relates entirely to the acquisition of accelerate360 Canada, which added $44.4 million in expenses to the quarter. Excluding the acquisition, expenses were down $3.9 million.<\/p>

\nOperating income before depreciation, amortization, impairment and restructuring and other for the nine months ended May 31, 2026 was $18.4 million, a decrease of $2.2 million relative to the same period in the prior year. The decrease in operating income before depreciation, amortization, impairment and restructuring and other is due to an increase in operating expenses excluding depreciation, amortization, impairment and restructuring and other, partially offset by an increase in total revenue.<\/p>

\nNet loss in the nine months ended May 31, 2026 was $52.3 million, as compared to a net loss of $32.6 million in the same period in the prior year. The increase in net loss was primarily the result of an increase in depreciation, restructuring and other, interest expense, loss on disposal of right of use assets and assets held-for-sale, and a decrease in operating income before depreciation, amortization, impairment and restructuring and other, partially offset by a decrease in foreign current exchange losses.<\/p>

\nAcquisition of accelerate360 Canada Inc.<\/b><\/p>

\nOn March 2, 2026, the Company completed the purchase (the \u201cAccelerate360 Purchase Transaction\u201d) of all issued and outstanding shares of accelerate360 Canada Inc., pursuant to the Share Purchase Agreement dated February 19, 2026 (\u201cSPA\u201d). The closing date of the acquisition of accelerate360 Canada was March 2, 2026 (\u201cClosing Date\u201d). The Company intends to continue accelerate360 Canada\u2019s wholesale distribution and merchandising operations across Canada in furtherance of the Company\u2019s commitment to logistics excellence. The purchase price of accelerate360 Canada includes cash consideration of $2 million, subject to a working capital adjustment and an earnout payment of up to a maximum of $2 million if certain targets are met over a two-year period.<\/p>

\nAdditional Information<\/b><\/p>

\nAdditional information, including financial statements and management\u2019s discussion and analysis can be found on the Company\u2019s website at www.postmedia.com<\/b><\/a> or on SEDAR+ at www.sedarplus.c<\/b>a<\/b><\/a>.<\/p>

\nNote: All dollar amounts are expressed in Canadian dollars unless otherwise specified.<\/p>

\nAbout Postmedia Network Canada Corp.<\/b><\/p>

\nPostmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print and digital platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit www.postmedia.com<\/a>, www.postmediasolutions.com<\/a> and www.postmediaparcelservices.com<\/a>.<\/p>

\nForward-Looking Information<\/b><\/p>

\nThis news release may include information that is \u201cforward-looking information\u201d under applicable Canadian securities laws. The Company has tried, where possible, to identify such information and statements by using words such as \u201cbelieve,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cshould\u201d and similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance. Forward-looking statements in this news release include statements with respect the implementation and results of the Company\u2019s transformation initiatives, continued benefits of historical results into future periods, the realization of anticipated cost savings, the identification and undertaking of ongoing cost savings initiatives. By their nature, forward-looking information and statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risks and uncertainties include, among others: competition from digital and other forms of media; the effect of economic conditions on advertising revenue; the ability of the Company to build out its digital media and online businesses; the failure to maintain current print and online newspaper readership and circulation levels; the realization of anticipated cost savings; possible damage to the reputation of the Company\u2019s brands or trademarks; possible labour disruptions; possible environmental liabilities, litigation and pension plan obligations; fluctuations in foreign exchange rates and the prices of newsprint and other commodities.<\/p>

\nFor a complete list of our risk factors please refer to the section entitled \u201cRisk Factors\u201d contained in our annual management\u2019s discussion and analysis for the years ended August 31, 2025 and 2024. Although the Company bases such information and statements on assumptions believed to be reasonable when made, they are not guarantees of future performance and actual results of operations, financial condition and liquidity, and developments in the industry in which the Company operates, may differ materially from any such information and statements in this press release. Given these risks and uncertainties, undue reliance should not be placed on any forward-looking information or forward-looking statements, which speak only as of the date of such information or statements. Other than as required by law, the Company does not undertake, and specifically declines, any obligation to update such information or statements or to publicly announce the results of any revisions to any such information or statements.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

\nPostmedia Network Canada Corp.<\/b><\/p>

\nConsolidated Statements of Operations<\/b><\/p>

\n(UNAUDITED)<\/b><\/p><\/td><\/tr>\n

\n\n\u00a0<\/td>\n<\/tr>\n

\n(In thousands of Canadian dollars, except per share amounts)<\/p><\/td>

\nFor the three months ended<\/b><\/p><\/td>

\nFor the nine months ended<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\nMay 31,<\/b><\/p>

\n2026<\/b><\/p><\/td>

\nMay 31,<\/b><\/p>

\n2025<\/b><\/p><\/td>

\nMay 31,<\/b><\/p>

\n2026<\/b><\/p><\/td>

\nMay 31,<\/b><\/p>

\n2025<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nRevenues<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nAdvertising<\/p><\/td>

\n48,596<\/p><\/td>

\n54,962<\/p><\/td>

\n150,252<\/p><\/td>

\n161,478<\/p><\/td><\/tr>\n

\nCirculation<\/p><\/td>

\n34,121<\/p><\/td>

\n35,826<\/p><\/td>

\n100,375<\/p><\/td>

\n106,812<\/p><\/td><\/tr>\n

\nParcel services<\/p><\/td>

\n14,863<\/p><\/td>

\n12,764<\/p><\/td>

\n48,814<\/p><\/td>

\n39,669<\/p><\/td><\/tr>\n

\nProduct distribution<\/p><\/td>

\n41,194<\/p><\/td>

\n-<\/p><\/td>

\n41,194<\/p><\/td>

\n-<\/p><\/td><\/tr>\n

\nOther<\/p><\/td>

\n7,896<\/p><\/td>

\n5,610<\/p><\/td>

\n27,862<\/p><\/td>

\n22,293<\/p><\/td><\/tr>\n

\nTotal revenues<\/b><\/p><\/td>

\n146,670<\/b><\/p><\/td>

\n109,162<\/b><\/p><\/td>

\n368,497<\/b><\/p><\/td>

\n330,252<\/b><\/p><\/td><\/tr>\n

\nExpenses<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nProduct cost of sales<\/p><\/td>

\n33,612<\/p><\/td>

\n-<\/p><\/td>

\n33,612<\/p><\/td>

\n-<\/p><\/td><\/tr>\n

\nCompensation<\/p><\/td>

\n39,961<\/p><\/td>

\n35,052<\/p><\/td>

\n108,419<\/p><\/td>

\n104,848<\/p><\/td><\/tr>\n

\nNewsprint<\/p><\/td>

\n2,099<\/p><\/td>

\n2,769<\/p><\/td>

\n7,000<\/p><\/td>

\n8,153<\/p><\/td><\/tr>\n

\nDistribution<\/p><\/td>

\n39,898<\/p><\/td>

\n36,179<\/p><\/td>

\n116,910<\/p><\/td>

\n110,696<\/p><\/td><\/tr>\n

\nProduction<\/p><\/td>

\n10,106<\/p><\/td>

\n13,089<\/p><\/td>

\n31,700<\/p><\/td>

\n34,121<\/p><\/td><\/tr>\n

\nOther operating<\/p><\/td>

\n18,437<\/p><\/td>

\n16,754<\/p><\/td>

\n52,495<\/p><\/td>

\n51,857<\/p><\/td><\/tr>\n

\nOperating income before depreciation, amortization, impairment and restructuring and other<\/b><\/p><\/td>

\n2,557<\/b><\/p><\/td>

\n5,319<\/b><\/p><\/td>

\n18,361<\/b><\/p><\/td>

\n20,577<\/b><\/p><\/td><\/tr>\n

\nDepreciation<\/p><\/td>

\n10,868<\/p><\/td>

\n3,163<\/p><\/td>

\n17,118<\/p><\/td>

\n9,803<\/p><\/td><\/tr>\n

\nAmortization<\/p><\/td>

\n853<\/p><\/td>

\n577<\/p><\/td>

\n1,983<\/p><\/td>

\n1,687<\/p><\/td><\/tr>\n

\nImpairment<\/p><\/td>

\n-<\/p><\/td>

\n-<\/p><\/td>

\n1,755<\/p><\/td>

\n1,501<\/p><\/td><\/tr>\n

\nRestructuring and other<\/p><\/td>

\n9,950<\/p><\/td>

\n1,016<\/p><\/td>

\n12,280<\/p><\/td>

\n4,517<\/p><\/td><\/tr>\n

\nOperating (loss) income<\/b><\/p><\/td>

\n(19,114)<\/b><\/p><\/td>

\n563<\/b><\/p><\/td>

\n(14,775)<\/b><\/p><\/td>

\n3,069<\/b><\/p><\/td><\/tr>\n

\nInterest expense<\/p><\/td>

\n11,617<\/p><\/td>

\n10,703<\/p><\/td>

\n34,231<\/p><\/td>

\n31,930<\/p><\/td><\/tr>\n

\nForeign currency exchange losses (gains)<\/p><\/td>

\n4,206<\/p><\/td>

\n(18,191)<\/p><\/td>

\n1,679<\/p><\/td>

\n5,716<\/p><\/td><\/tr>\n

\nNet financing expense relating to employee benefit plans<\/p><\/td>

\n262<\/p><\/td>

\n289<\/p><\/td>

\n787<\/p><\/td>

\n866<\/p><\/td><\/tr>\n

\nLoss (gain) on disposal of right of use assets and assets held for sale<\/p><\/td>

\n-<\/p><\/td>

\n119<\/p><\/td>

\n23<\/p><\/td>

\n(2,707)<\/p><\/td><\/tr>\n

\nLoss (gain) on derivative financial instruments and financial assets at fair value through profit and loss<\/p><\/td>

\n156<\/p><\/td>

\n(262)<\/p><\/td>

\n766<\/p><\/td>

\n(169)<\/p><\/td><\/tr>\n

\nNet (loss) income after income taxes<\/b><\/p><\/td>

\n(35,355)<\/b><\/p><\/td>

\n7,905<\/b><\/p><\/td>

\n(52,261)<\/b><\/p><\/td>

\n(32,567)<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\n(Loss) earnings per share<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nBasic and diluted<\/p><\/td>

\n($0.36)<\/p><\/td>

\n$0.08<\/p><\/td>

\n$(0.53)<\/p><\/td>

\n$(0.33)<\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

\nPostmedia Network Canada Corp.<\/b><\/p>

\nConsolidated Statements of Financial Position<\/b><\/p>

\n(UNAUDITED)<\/b><\/p><\/td><\/tr>\n

\u00a0<\/td>\n<\/tr>\n

\n(In thousands of Canadian dollars)<\/p><\/td>

\nAs at<\/b><\/p>

\nMay 31,<\/b><\/p>

\n2026<\/b><\/p><\/td>

\nAs at<\/b><\/p>

\nAugust 31,<\/b><\/p>

\n2025<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nAssets<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nCurrent Assets<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nCash<\/p><\/td>

\n7,465<\/p><\/td>

\n3,278<\/p><\/td><\/tr>\n

\nTrade and other receivables<\/p><\/td>

\n59,226<\/p><\/td>

\n59,169<\/p><\/td><\/tr>\n

\nAssets held-for-sale<\/p><\/td>

\n4,263<\/p><\/td>

\n-<\/p><\/td><\/tr>\n

\nInventory<\/p><\/td>

\n49,156<\/p><\/td>

\n1,615<\/p><\/td><\/tr>\n

\nPrepaid expenses and other assets<\/p><\/td>

\n7,211<\/p><\/td>

\n6,449<\/p><\/td><\/tr>\n

\nTotal current assets<\/b><\/p><\/td>

\n127,321<\/b><\/p><\/td>

\n70,511<\/b><\/p><\/td><\/tr>\n

\nNon-Current Assets<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nProperty and equipment<\/p><\/td>

\n6,789<\/p><\/td>

\n22,986<\/p><\/td><\/tr>\n

\nIntangible assets<\/p><\/td>

\n20,164<\/p><\/td>

\n15,313<\/p><\/td><\/tr>\n

\nRight of use assets<\/p><\/td>

\n18,324<\/p><\/td>

\n14,543<\/p><\/td><\/tr>\n

\nDerivative financial instruments and other assets<\/p><\/td>

\n4,892<\/p><\/td>

\n4,672<\/p><\/td><\/tr>\n

\nTotal assets<\/b><\/p><\/td>

\n177,490<\/b><\/p><\/td>

\n128,025<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nLiabilities and Deficiency<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nCurrent Liabilities<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nAccounts payable and accrued liabilities<\/p><\/td>

\n116,904<\/p><\/td>

\n53,312<\/p><\/td><\/tr>\n

\nProvisions<\/p><\/td>

\n10,576<\/p><\/td>

\n1,253<\/p><\/td><\/tr>\n

\nContract liabilities<\/p><\/td>

\n19,843<\/p><\/td>

\n16,127<\/p><\/td><\/tr>\n

\nCurrent portion of lease obligations<\/p><\/td>

\n10,335<\/p><\/td>

\n7,742<\/p><\/td><\/tr>\n

\nTotal current liabilities<\/b><\/p><\/td>

\n157,658<\/b><\/p><\/td>

\n78,434<\/b><\/p><\/td><\/tr>\n

\nNon-Current Liabilities<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nLong-term debt<\/p><\/td>

\n408,785<\/p><\/td>

\n388,964<\/p><\/td><\/tr>\n

\nEmployee benefit obligations<\/p><\/td>

\n28,186<\/p><\/td>

\n30,084<\/p><\/td><\/tr>\n

\nLease obligations<\/p><\/td>

\n13,659<\/p><\/td>

\n12,775<\/p><\/td><\/tr>\n

\nOther long-term liabilities<\/p><\/td>

\n18,191<\/p><\/td>

\n16,753<\/p><\/td><\/tr>\n

\nTotal liabilities<\/b><\/p><\/td>

\n626,479<\/b><\/p><\/td>

\n527,010<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nDeficiency<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nCapital stock<\/p><\/td>

\n820,357<\/p><\/td>

\n820,357<\/p><\/td><\/tr>\n

\nContributed surplus<\/p><\/td>

\n22,488<\/p><\/td>

\n19,960<\/p><\/td><\/tr>\n

\nDeficit<\/p><\/td>

\n(1,291,834)<\/p><\/td>

\n(1,239,302)<\/p><\/td><\/tr>\n

\nTotal deficiency<\/b><\/p><\/td>

\n(448,989)<\/b><\/p><\/td>

\n(398,985)<\/b><\/p><\/td><\/tr>\n

\nTotal liabilities and deficiency<\/b><\/p><\/td>

\n177,490<\/b><\/p><\/td>

\n128,025<\/b><\/p><\/td><\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

\nPostmedia Network Canada Corp.<\/b><\/p>

\nConsolidated Statements of Cash Flows<\/b><\/p>

\n(UNAUDITED)<\/b><\/p><\/td><\/tr>\n

\u00a0<\/td>\n<\/tr>\n

\n(In thousands of Canadian dollars)<\/p><\/td>

\nFor the three months ended<\/b><\/p><\/td>

\nFor the year ended<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\nMay 31,<\/b><\/p>

\n2026<\/b><\/p><\/td>

\nMay 31,<\/b><\/p>

\n2025<\/b><\/p><\/td>

\nMay 31,<\/b><\/p>

\n2026<\/b><\/p><\/td>

\nMay 31,<\/b><\/p>

\n2025<\/b><\/p><\/td><\/tr>\n

\nCash Generated (Utilized) by:<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nOperating Activities<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nNet (loss) income after income taxes<\/p><\/td>

\n(35,355)<\/p><\/td>

\n7,905<\/p><\/td>

\n(52,261)<\/p><\/td>

\n(32,567)<\/p><\/td><\/tr>\n

\nItems not affecting cash:<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nDepreciation<\/p><\/td>

\n10,868<\/p><\/td>

\n2,037<\/p><\/td>

\n17,118<\/p><\/td>

\n6,358<\/p><\/td><\/tr>\n

\nAmortization<\/p><\/td>

\n853<\/p><\/td>

\n1,703<\/p><\/td>

\n1,983<\/p><\/td>

\n5,132<\/p><\/td><\/tr>\n

\nImpairment<\/p><\/td>

\n-<\/p><\/td>

\n-<\/p><\/td>

\n1,755<\/p><\/td>

\n1,501<\/p><\/td><\/tr>\n

\nLoss (gain) on derivative financial instruments and financial assets at fair value through profit and loss<\/p><\/td>

\n156<\/p><\/td>

\n(262)<\/p><\/td>

\n766<\/p><\/td>

\n(169)<\/p><\/td><\/tr>\n

\nNon-cash interest<\/p><\/td>

\n10,740<\/p><\/td>

\n9,970<\/p><\/td>

\n31,640<\/p><\/td>

\n29,736<\/p><\/td><\/tr>\n

\nLoss (gain) on disposal of right of use assets and assets held for sale<\/p><\/td>

\n-<\/p><\/td>

\n119<\/p><\/td>

\n23<\/p><\/td>

\n(2,707)<\/p><\/td><\/tr>\n

\nNon-cash foreign currency exchange losses (gains)<\/p><\/td>

\n4,140<\/p><\/td>

\n(17,744)<\/p><\/td>

\n1,473<\/p><\/td>

\n6,363<\/p><\/td><\/tr>\n

\nShare-based compensation plans<\/p><\/td>

\n172<\/p><\/td>

\n162<\/p><\/td>

\n602<\/p><\/td>

\n412<\/p><\/td><\/tr>\n

\nNet financing expense relating to employee benefit plans<\/p><\/td>

\n262<\/p><\/td>

\n289<\/p><\/td>

\n787<\/p><\/td>

\n866<\/p><\/td><\/tr>\n

\nEmployee benefit plan funding in excess of compensation expense<\/p><\/td>

\n(771)<\/p><\/td>

\n(904)<\/p><\/td>

\n(2,132)<\/p><\/td>

\n(2,461)<\/p><\/td><\/tr>\n

\nNet change in non-cash operating accounts<\/p><\/td>

\n19,259<\/p><\/td>

\n(738)<\/p><\/td>

\n20,987<\/p><\/td>

\n2,468<\/p><\/td><\/tr>\n

\nCash flows from operating activities<\/b><\/p><\/td>

\n10,324<\/b><\/p><\/td>

\n2,537<\/b><\/p><\/td>

\n22,741<\/b><\/p><\/td>

\n14,932<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nInvesting Activities<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nNet proceeds from the sale of assets held-for-sale and other assets<\/p><\/td>

\n-<\/p><\/td>

\n2,900<\/p><\/td>

\n-<\/p><\/td>

\n8,530<\/p><\/td><\/tr>\n

\nPurchases of property and equipment<\/p><\/td>

\n(734)<\/p><\/td>

\n(170)<\/p><\/td>

\n(1,292)<\/p><\/td>

\n(517)<\/p><\/td><\/tr>\n

\nPurchases of intangible assets<\/p><\/td>

\n(1,594)<\/p><\/td>

\n(43)<\/p><\/td>

\n(3,876)<\/p><\/td>

\n(1,165)<\/p><\/td><\/tr>\n

\nPurchases of other assets<\/p><\/td>

\n(250)<\/p><\/td>

\n-<\/p><\/td>

\n(250)<\/p><\/td>

\n-<\/p><\/td><\/tr>\n

\nAcquisition, net of cash acquired<\/p><\/td>

\n(1,233)<\/p><\/td>

\n-<\/p><\/td>

\n(1,233)<\/p><\/td>

\n-<\/p><\/td><\/tr>\n

\nCash flows (used in) from investing activities<\/b><\/p><\/td>

\n(3,811)<\/b><\/p><\/td>

\n2,687<\/b><\/p><\/td>

\n(6,651)<\/b><\/p><\/td>

\n6,848<\/b><\/p><\/td><\/tr>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nFinancing activities<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nAdvances from asset-based lending facility<\/p><\/td>

\n6,000<\/p><\/td>

\n1,665<\/p><\/td>

\n12,432<\/p><\/td>

\n5,406<\/p><\/td><\/tr>\n

\nRepayment of asset-based lending facility<\/p><\/td>

\n(7,000)<\/p><\/td>

\n(4,783)<\/p><\/td>

\n(15,313)<\/p><\/td>

\n(7,935)<\/p><\/td><\/tr>\n

\nRepayment of short term promissory note<\/p><\/td>

\n-<\/p><\/td>

\n-<\/p><\/td>

\n-<\/p><\/td>

\n(5,000)<\/p><\/td><\/tr>\n

\nRepayment of first lien senior secured notes<\/p><\/td>

\n-<\/p><\/td>

\n(2,804)<\/p><\/td>

\n-<\/p><\/td>

\n(7,734)<\/p><\/td><\/tr>\n

\nRepayment of contingent consideration<\/p><\/td>

\n(859)<\/p><\/td>

\n(371)<\/p><\/td>

\n(3,479)<\/p><\/td>

\n(1,043)<\/p><\/td><\/tr>\n

\nLease payments<\/p><\/td>

\n(2,243)<\/p><\/td>

\n(1,539)<\/p><\/td>

\n(5,543)<\/p><\/td>

\n(4,668)<\/p><\/td><\/tr>\n

\nCash flow used in financing activities<\/b><\/p><\/td>

\n(4,102)<\/b><\/p><\/td>

\n(7,832)<\/b><\/p><\/td>

\n(11,903)<\/b><\/p><\/td>

\n(20,974)<\/b><\/p><\/td><\/tr>\n

\nNet change in cash for the period<\/p><\/td>

\n2,411<\/p><\/td>

\n(2,608)<\/p><\/td>

\n4,187<\/p><\/td>

\n806<\/p><\/td><\/tr>\n

\nCash at beginning of period<\/p><\/td>

\n5,054<\/p><\/td>

\n5,868<\/p><\/td>

\n3,278<\/p><\/td>

\n2,454<\/p><\/td><\/tr>\n

\nCash at end of period<\/b><\/p><\/td>

\n7,465<\/b><\/p><\/td>

\n3,260<\/b><\/p><\/td>

\n7,465<\/b><\/p><\/td>

\n3,260<\/b><\/p><\/td><\/tr>\n

\nSupplemental disclosure of operating cash flows<\/b><\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\nInterest paid<\/p><\/td>

\n877<\/p><\/td>

\n733<\/p><\/td>

\n2,591<\/p><\/td>

\n2,194<\/p><\/td><\/tr>\n<\/table>

\n\u00a0<\/p> Contacts<\/b>

\nFor more information:<\/b>Media Contact<\/b>Communications\ninquiries@postmedia.com<\/a>\nInvestor Contact<\/b>John Bode\nExecutive Vice President, Chief Financial Officer and Chief Transformation Officer\ninvestors@postmedia.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

TORONTO–(BUSINESS WIRE)–Postmedia Network Canada Corp. (\u201cPostmedia\u201d or the \u201cCompany\u201d) today released financial information for the three and nine months ended May 31, 2026.
\n\u201cThe third quarter results reflect continued momentum in our diversified reve…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34060","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/34060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34060"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/34060\/revisions"}],"predecessor-version":[{"id":34061,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/34060\/revisions\/34061"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}