CIGI
Colliers International Group Inc.146.84
+1.80+1.24%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
7.48BP/E (TTM)
63.57Basic EPS (TTM)
2.31Dividend Yield
0%Recent Filings
8-K
Record Q4 results boost outlook
FirstService Corporation reported record Q4 and full-year results for fiscal 2004 ended March 31, with revenues hitting $155.2 million, up 25%, and EBITDA surging 49% to $9.7 million; annual revenues reached $609.8 million, a 17% increase, while diluted EPS rose 57% to $0.11. All segments drove strong gains, though the company sold its lawn care operations on April 1, 2004, reclassifying them as discontinued. It began expensing stock options, adding $0.3 million in Q4 costs, yet raised its fiscal 2005 outlook despite the $2.2 million EBITDA hit from the sale and accounting shift. Risks include economic conditions and integration challenges.
10-Q
Q3 FY2004 results
FirstService Corporation posted Q3 FY2004 revenues of $152.1M, up 20% y/y from $126.7M, fueled by 9% internal growth, 6% from foreign exchange, and 5% from acquisitions, while operating earnings climbed 16% y/y to $5.3M with margins steady at 3.5%. Consumer Services surged 44% y/y to $27.5M on strong internal gains and buys, yet corporate costs rose on currency hits. Cash from operations hit $30.8M YTD, up 15% y/y, supporting $14.9M in acquisitions and $10.6M capex; net debt eased to $151.2M with $79.8M revolver availability. Four Consumer Services deals closed in October 2003 for $13.5M net, adding $9.6M goodwill and $7.4M intangibles. Acquisitions drive the upside. Competition in fragmented markets remains a key risk.
8-K
Record Q3 results, restatement
FirstService Corporation reported record Q3 fiscal 2004 results on January 27, 2004, with revenues surging 20% to $152.1 million and EBITDA climbing 16% to $9.5 million, fueled by acquisitions and 15% internal growth across all segments. Yet a SEC-prompted restatement increased amortization by $0.8 million annually, trimming net earnings by $0.4 million or $0.03 per diluted share, with no cash impact. Strong cash flow hit $30.8 million year-to-date. Updated 2004 outlook raises revenues to $610-620 million; preliminary 2005 view eyes $650-675 million.
10-Q
Q2 FY2004 results
FirstService Corporation posted solid Q2 FY2004 results, with revenues climbing 15% year-over-year to $166.5 million, fueled by 9% internal growth, 4% from foreign exchange gains, and 2% from acquisitions like Cooper Square Realty. Operating earnings held steady at $17.6 million despite higher depreciation, while net earnings edged up 2% to $9.1 million, or $0.63 diluted EPS, aided by lower interest and taxes. Cash from operations surged 23% year-over-year to $24.0 million for the half-year, lifting cash to $11.2 million and trimming net debt to $138.9 million; free cash flow stood at $16.9 million (derived). Post-quarter, the company issued $50 million in 6.40% senior secured notes due 2015, swapping fixed rates for variable, and acquired four Consumer Services businesses for $12.8 million, recognizing no new goodwill in Q2. Yet competition in fragmented property and business services markets remains a persistent risk.
8-K
Q2 revenues surge 15%
FirstService Corporation reported second-quarter revenues of $166.5 million, up 15% year-over-year, driven by acquisitions and organic growth across segments, though a stronger Canadian dollar masked some gains. EBITDA held steady at $21.4 million, while net earnings rose to $9.1 million from $8.9 million. The company updated its fiscal 2004 outlook, lifting revenue guidance to $590-$600 million and diluted EPS to $1.27-$1.32, fueled by recent deals. Debt dropped $14.4 million to $138.9 million net of cash.
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