Tantalus Systems Holding Inc. Reports Financial Results for Q4 and Fiscal Year of 2023
Tantalus Systems Holding Inc. Reports Financial Results for Q4 and Fiscal Year of 2023
Delivers record revenue and neutral Adjusted EBITDA for the year
实现了创纪录的年度收入和中性的调整后息税折旧摊销前利润
Burnaby, British Columbia--(Newsfile Corp. - March 26, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the quarter ("Q4") and fiscal year ("FY") ended December 31, 2023.
不列颠哥伦比亚省本那比--(Newsfile Corp.,2024年3月26日)——致力于通过利用数据的力量帮助公用事业实现配电网现代化的科技公司Tantalus Systems(多伦多证券交易所股票代码:GRID)(“Tantalus” 或 “公司”)很高兴地宣布其截至2023年12月31日的季度(“第四季度”)和财年(“财年”)的财务和经营业绩。
Financial Highlights for FY 2023 and Q4 20231:
2023 财年和 2023 年第四季度的财务摘要1:
-
Revenue: The Company generated the highest annual revenue in its history of US$42.1 million (CND$56.8 million), inclusive of US$10.4 million (CND$14.0 million) in Q4, representing a 6% increase over 2022. Revenue contributions from the Utility Software Applications and Services segment ("Software & Services") in 2023 and Q4 hit 35%, representing the highest percentage contribution in the Company's history.
-
Annual Recurring Revenue (ARR)2: The Company hit another record by growing ARR to approximately US$11.5 million (CND$15.2 million) as of December 31, 2023, representing 17% growth year-over-year. Recurring Revenue recognized in the Q4 represented approximately 24% of total revenue generated.
-
Gross Profit2 Margin: The Company delivered 52% for 2023 and 51% for Q4 compared to 48% and 45%, respectively, over the prior year periods. The Gross Profit Margin percentage in 2023 is the highest percentage in the Company's history and reflects the achievement of an important milestone to drive operating leverage as the business continues to scale.
- Adjusted EBITDA2: The Company delivered positive Adjusted EBITDA of US$0.35 million (approximately CND$0.5 million) in Q4 compared to positive Adjusted EBITDA of US$0.1 million (approximately CND$0.1 million) for the prior year period. Adjusted EBITDA for FY 2023, approached a point of neutrality at negative US$29k (approximately negative CND$40k) compared to negative US$2.4 million (negative CND$3.1 million) for the prior year. The Adjusted EBITDA result for 2023 includes approximately US$5.0 million (approximately CND$6.8 million) of further investment in the TRUSense Gateway product offering made throughout the year.
-
收入:该公司在第四季度创造了其历史最高的年收入,为4,210万美元(合5,680万加元),其中包括1,040万美元(合1,400万加元),比2022年增长6%。2023年和第四季度,公用事业软件应用程序和服务板块(“软件与服务”)的收入贡献达到35%,这是公司历史上最高的百分比贡献。
-
年度经常性收入 (ARR)2:截至2023年12月31日,该公司再创纪录,ARR增长至约1150万美元(合1,520万加元),同比增长17%。第四季度确认的经常性收入约占总收入的24%。
-
毛利2 保证金:该公司2023年的交付率为52%,第四季度的交付率为51%,而去年同期分别为48%和45%。2023年的毛利率百分比是公司历史上最高的百分比,反映了随着业务的持续扩大,在提高运营杠杆率方面取得了重要的里程碑。
- 调整后 EBITDA2:该公司在第四季度实现了正的调整后息税折旧摊销前利润为35万美元(约合50万元人民币),而去年同期的调整后息税折旧摊销前利润为10万美元(约合10万加元)。调整后的2023财年息税折旧摊销前利润接近中性点,为负2.9万美元(约合负4万加元),而去年同期为负240万美元(负310万加元)。2023年调整后的息税折旧摊销前利润业绩包括全年对TruSense Gateway产品提供的约500万美元(约合680万元人民币)的进一步投资。
- Total Assets: The Company ended Q4 with US$34.8 million (CND$46.0 million) as compared to US$37.4 million (CND$50.7 million) as of December 31, 2022.
- 总资产:该公司在第四季度末为3,480万美元(合4,600万元人民币),而截至2022年12月31日为3,740万美元(合5,070万加元)。
- Sales Orders: The Company converted US$35.1 million (CND$47.8 million) in orders through 2023 and added 17 new utilities to its user community, which stands at 288 as of December 31, 2023.
- 销售订单: 截至2023年,该公司转换了3510万美元(合4,780万元人民币)的订单,并向其用户社区增加了17家新公用事业公司,截至2023年12月31日,该社区为288个。
"Delivering record results for revenue, percentage contributions from Software & Services, Gross Profit Margin percentage and Annual Recurring Revenue are a testament to the hard work and collaboration of our entire team," said Peter Londa, President & CEO of Tantalus. "We are pleased to maintain a favorable trajectory for our shareholders by delivering another year of growth and reverting back to neutral Adjusted EBITDA for the year. We continue to invest heavily in the development and commercialization of the TRUSense Gateway and our TRUSync Grid Data Management software. As we gather feedback from the industry, we believe these investments in R&D represent a substantial near- and long-term opportunity for the Company and will ensure Tantalus is well-positioned to help utilities accelerate their grid modernization efforts."
Tantalus总裁兼首席执行官彼得·隆达表示:“创纪录的收入、软件和服务贡献百分比、毛利率百分比和年度经常性收入业绩证明了我们整个团队的辛勤工作和协作。”“我们很高兴通过实现又一年的增长并使该年度的调整后息税折旧摊销前利润恢复到中性水平,为股东保持良好的发展轨迹。我们将继续大力投资于TruSense网关和我们的TruSync网格数据管理软件的开发和商业化。在我们收集行业反馈时,我们认为这些研发投资为公司带来了巨大的短期和长期机遇,并将确保Tantalus处于有利地位,可以帮助公用事业公司加快电网现代化工作。”
The Company will hold a conference call and webcast to discuss the financial results on Wednesday, March 27, 2024, at 11:00 am Eastern Time.
该公司将于美国东部时间2024年3月27日星期三上午11点举行电话会议和网络直播,讨论财务业绩。
Conference Call
电话会议
Participant Dial In (Toll Free): 1-844-854-4410
Participant International Dial In: 1-412-317-5791
参与者拨入(免费电话):1-844-854-4410
参与者国际拨号:1-412-317-5791
Participants, please ask to be joined to the Tantalus Systems call.
参与者,请申请加入坦塔洛斯系统的电话会议。
Webcast
网络直播
Webcast URL:
网络直播网址:
Replay Information
重播信息
A conference call and webcast replay will be available until April 3, 2024. To access the conference call replay, please see details below:
电话会议和网络直播重播将持续到2024年4月3日。要访问电话会议重播,请查看以下详细信息:
US Toll Free: 1-877-344-7529
International Toll: 1-412-317-0088
Canada Toll Free: 1-855-669-9658
Replay Access Code: 1490543
美国免费电话:1-877-344-7529
国际电话:1-412-317-0088
加拿大免费电话:1-855-669-9658
重播访问码:1490543
Financial Statements and Management Discussion & Analysis
财务报表和管理层讨论与分析
Please see the Company's consolidated financial statements ("Financial Statements") and related Management's Discussion & Analysis ("MD&A") for more details. The Financial Statements for the three and twelve months ended December 31, 2023, and related MD&A have been reviewed and approved by Tantalus' Audit Committee and Board of Directors. For a more detailed explanation and analysis, please refer to the MD&A that has been filed on SEDAR+ at and is also available on the Company's website at .
更多详情请参阅公司的合并财务报表(“财务报表”)和相关的管理层讨论与分析(“MD&A”)。Tantalus审计委员会和董事会已经审查和批准了截至2023年12月31日的三个月和十二个月的财务报表以及相关的管理层和分析。有关更详细的解释和分析,请参阅已在SEDAR+上提交的MD&A,网址为该公司的网站,网址为。
Non-IFRS and Other Financial Measures
非国际财务报告准则和其他财务指标
This press release refers to the following non-IFRS measures:
本新闻稿涉及以下非国际财务报告准则指标:
"EBITDA" is comprised as income (loss) less interest, income tax and depreciation and amortization. Management believes that EBITDA is a useful indicator for investors, and is used by management, in evaluating the operating performance of the Company. "Adjusted EBITDA" is comprised as income (loss) less interest, income tax, depreciation, amortization, stock-based compensation, foreign exchange gain (loss) and other income / expenses not attributable to the operations of the Company. Management believes that Adjusted EBITDA is a useful indicator for investors, and is used by management, in evaluating the operating performance of the Company. See "Reconciliation of Net (Loss) / Income to Adjusted EBITDA" for a quantitative reconciliation of Adjusted EBITDA to the most directly comparable financial measure.
“息税折旧摊销前利润” 由收入(亏损)减去利息、所得税以及折旧和摊销组成。管理层认为,息税折旧摊销前利润是投资者的有用指标,管理层使用它来评估公司的经营业绩。“调整后息税折旧摊销前利润” 包括收入(亏损)减去利息、所得税、折旧、摊销、股票薪酬、外汇收益(亏损)和其他不可归因于公司运营的收入/支出。管理层认为,调整后的息税折旧摊销前利润是投资者的有用指标,管理层将其用于评估公司的经营业绩。有关调整后息税折旧摊销前利润与最直接可比财务指标的量化对账,请参阅 “净(亏损)/收入与调整后息税折旧摊销前利润的对账”。
"Gross Profit" is comprised as the Company's revenues less cost of sales. Management believes that Gross Profit is a useful indicator for investors, and is used by management, in evaluating the operating performance of the Company. See "Gross Profit Reconciliation" for a quantitative reconciliation of Gross Profit to the most directly comparable financial measure. This press release refers to "Gross Profit Margin" which is a non-IFRS ratio. Gross Profit Margin is comprised of Gross Profit expressed as a percentage of the Company's revenues. Management believes that Gross Profit Margin is a useful indicator for investors, and is used by management, in evaluating the operating performance of the Company.
“毛利” 由公司的收入减去销售成本组成。管理层认为,毛利润是投资者的有用指标,管理层使用毛利来评估公司的经营业绩。有关毛利与最直接可比财务指标的量化对账,请参见 “毛利对账”。本新闻稿提到 “毛利率”,这是非国际财务报告准则的比率。毛利率由毛利组成,以公司收入的百分比表示。管理层认为,毛利率是投资者的有用指标,管理层在评估公司的经营业绩时使用毛利率。
"Adjusted Working Capital" is comprised as current assets less current liabilities exclusive of the Company's bank loan and contingent consideration relating to the acquisition of DLC Systems, Inc. d/b/a Congruitive ("Congruitive"). Management believes Adjusted Working Capital is a useful indicator for investors, and is used by management, for evaluating the operating liquidity to the Company. See "Adjusted Working Capital Reconciliation" for a quantitative reconciliation of Adjusted Working Capital to the most directly comparable financial measure.
“调整后的营运资金” 由流动资产减去不包括公司银行贷款的流动负债组成 以及与收购 DLC Systems, Inc. d/b/a Congruitive(“Congruitive”)相关的或有对价。管理层认为,调整后的营运资金是投资者的有用指标,管理层使用调整后的营运资金来评估公司的运营流动性。有关调整后营运资金与最直接可比财务指标的量化对账,请参阅 “调整后的营运资金对账”。
"Recurring Revenue" is comprised of the Company's revenues that are recurring in nature and attributable to its analytics and other software as a service ("SaaS") offering, hosting services and software maintenance and technical support agreement services. "Annual Recurring Revenue" or "ARR" is comprised of the Company's Recurring Revenue as expressed on an annualized revenue basis attributable to its customer agreements at a point in time.
“经常性收入” 由公司的经常性收入组成,可归因于其分析和其他软件即服务(“SaaS”)产品、托管服务以及软件维护和技术支持协议服务。“年度经常性收入” 或 “ARR” 由公司的经常性收入组成,该收入按年化收入表示,该收入归因于其在某一时间点的客户协议。
Such non-IFRS measures and non-IFRS ratio do not have a standardized meaning under IFRS and may not be comparable to a similar measure disclosed by other issuers.
根据国际财务报告准则,此类非国际财务报告准则指标和非国际财务报告准则比率没有标准化含义,可能无法与其他发行人披露的类似指标相提并论。
Gross Profit Margin Reconciliation
毛利率对账
Three months | Three months | Twelve months | Twelve months | |||||||||||||||||||||
ended | ended | ended | ended | |||||||||||||||||||||
December 31, | December 31, | December 31, | December 31, | |||||||||||||||||||||
2023 |
% |
2022 |
% |
2023 |
% |
2022 |
% |
|||||||||||||||||
Revenue | $ | 10,370,092 |
100% |
$ | 12,164,972 |
100% |
$ | 42,146,982 |
100% |
$ | 39,603,023 |
100% |
||||||||||||
Cost of sales | 5,042,655 |
49% |
6,640,844 |
55% |
20,288,566 |
48% |
20,706,736 |
52% |
||||||||||||||||
Gross Profit | $ | 5,327,437 |
51% |
$ | 5,524,128 |
45% |
$ | 21,858,416 |
52% |
$ | 18,896,287 |
48% |
三个月 | 三个月 | 十二个月 | 十二个月 | |||||||||||||||||||||
已结束 | 已结束 | 已结束 | 已结束 | |||||||||||||||||||||
十二月三十一日 | 十二月三十一日 | 十二月三十一日 | 十二月三十一日 | |||||||||||||||||||||
2023 |
% |
2022 |
% |
2023 |
% |
2022 |
% |
|||||||||||||||||
收入 | $ | 10,370,092 |
100% |
$ | 12,164,972 |
100% |
$ | 42,146,982 |
100% |
$ | 39,603,023 |
100% |
||||||||||||
销售成本 | 5,042,655 |
49% |
6,640,844 |
55% |
20,288,566 |
48% |
20,706,736 |
52% |
||||||||||||||||
毛利 | $ | 5,327,437 |
51% |
$ | 5,524,128 |
45% |
$ | 21,858,416 |
52% |
$ | 18,896,287 |
48% |
Reconciliation of Net (Loss)/Income to Adjusted EBITDA
净(亏损)/收入与调整后息税折旧摊销前利润的对账
Three months | Three months | Twelve months |
Twelve months |
|||||||||
ended December | ended December | ended December |
ended December |
|||||||||
31, 2023 | 31, 2022 | 31, 2023 |
31, 2022 |
|||||||||
Income (loss) for the period | $ | 1,690,831 |
$ | 159,210 |
$ | (1,685,197) | $ | (5,195,416) | ||||
Finance expense (a) | 369,046 |
297,713 |
1,509,458 |
1,070,085 |
||||||||
Income taxes | (13,039) | (912,580) | 10,686 |
(881,597) | ||||||||
Depreciation and amortization | |
454,458 |
318,945 |
1,834,570 |
1,898,701 |
|||||||
EBITDA | 2,501,296 |
(136,712) | 1,669,517 |
(3,108,227) | ||||||||
Stock-based compensation (b) | 92,972 |
169,668 |
423,221 |
773,478 |
||||||||
Foreign exchange (c) | 122,176 |
70,690 |
211,153 |
(682,774) | ||||||||
Congruitive acquisition related costs (d) | - |
- |
- |
586,960 |
||||||||
EDC Loan related legal costs (e) | (80,000) | - |
- |
- |
||||||||
Government subsidy (f) | 44,681 |
- |
- |
- |
||||||||
Recovery of contingent liability (g) | (2,332,702) | - |
(2,332,702) | - |
||||||||
Adjusted EBITDA | $ | 348,423 |
$ | 103,646 |
$ | (28,811) | $ | (2,430,563) |
三个月 | 三个月 | 十二个月 |
十二个月 |
|||||||||
十二月结束 | 十二月结束 | 十二月结束 |
十二月结束 |
|||||||||
2023 年 31 日 | 2022 年 31 日 | 2023 年 31 日 |
2022 年 31 日 |
|||||||||
该期间的收入(亏损) | $ | 1,690,831 |
$ | 159,210 |
$ | (1,685,197) | $ | (5,195,416) | ||||
财务费用 (a) | 369,046 |
297,713 |
1,509,458 |
1,070,085 |
||||||||
所得税 | (13,039) | (912,580) | 10,686 |
(881,597) | ||||||||
折旧和摊销 | |
454,458 |
318,945 |
1,834,570 |
1,898,701 |
|||||||
EBITDA | 2,501,296 |
(136,712) | 1,669,517 |
(3,108,227) | ||||||||
股票薪酬 (b) | 92,972 |
169,668 |
423,221 |
773,478 |
||||||||
外汇 (c) | 122,176 |
70,690 |
211,153 |
(682,774) | ||||||||
合计收购相关成本 (d) | - |
- |
- |
586,960 |
||||||||
EDC 贷款相关法律费用 (e) | (80,000) | - |
- |
- |
||||||||
政府补贴 (f) | 44,681 |
- |
- |
- |
||||||||
追回或有负债 (g) | (2,332,702) | - |
(2,332,702) | - |
||||||||
调整后 EBITDA | $ | 348,423 |
$ | 103,646 |
$ | (28,811) | $ | (2,430,563) |
(a) Finance expense comprised of interest and related finance expense on bank loans and lease liabilities.
(b) Share-based non-cash compensation expense.
(c) Foreign exchange comprised of unrealized (gain) / loss from non-functional currency assets and liabilities.
(d) General and administrative expenses pertaining to the Company's acquisition of Congruitive.
(e) Legal fees pertaining to the EDC Loan.
(f) United States Employee Retention Tax Credit (ERTC).
(g) Recovery of contingent liability relating to Congruitive acquisition.
(a) 财务费用包括银行贷款和租赁负债的利息和相关财务费用。
(b) 基于股份的非现金薪酬支出。
(c) 外汇由非本位货币资产和负债的未实现(收益)/亏损组成。
(d) 与公司收购Congruitive有关的一般和管理费用。
(e) 与EDC贷款有关的律师费。
(f) 美国员工留用税收抵免(ERTC)。
(g) 追回与合约收购相关的或有负债。
Adjusted Working Capital Reconciliation
调整后的营运资金对账
December 31, |
December 31, |
|||||
Adjusted Working Capital | 2023 |
2022 |
||||
Total current assets | $ | 21,798,349 |
$ | 22,794,298 |
||
Less: current liabilities | |
(27,268,936) | |
(29,496,580) | ||
(5,470,587) | (6,702,282) | |||||
Add: Bank loans - current portion | 8,500,000 |
9,200,000 |
||||
Add: Contingent consideration | |
- |
|
2,458,702 |
||
Adjusted Working Capital | $ | 3,029,413 |
$ | 4,956,420 |
十二月三十一日 |
十二月三十一日 |
|||||
调整后的营运资金 | 2023 |
2022 |
||||
流动资产总额 | $ | 21,798,349 |
$ | 22,794,298 |
||
减去:流动负债 | |
(27,268,936) | |
(29,496,580) | ||
(5,470,587) | (6,702,282) | |||||
添加:银行贷款-流动部分 | 8,500,000 |
9,200,000 |
||||
添加:临时考虑 | |
- |
|
2,458,702 |
||
调整后的营运资金 | $ | 3,029,413 |
$ | 4,956,420 |
About Tantalus Systems Holding Inc. (TSX: GRID)
关于坦塔洛斯系统控股公司(多伦多证券交易所股票代码:GRID)
Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. Learn more at .
Tantalus 是一家科技公司,致力于利用部署在整个配电网中的所有设备和系统的数据力量,帮助公用事业实现配电网现代化。我们提供跨多个级别的电网现代化平台:智能联网设备、通信网络、数据管理、企业应用程序和分析。我们的解决方案为公用事业提供了所需的灵活性,使他们能够从现有基础设施投资中获得最大价值,同时利用高级功能来规划未来需求。要了解更多,请访问。
Forward-Looking Statements:
前瞻性陈述:
This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes", "may", "plans", "will", "anticipates", "intends", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements such as those relating to: increasing demand for the Company's solutions in support of utilities' grid modernization efforts, the commercialization and adoption of the TRUSense Gateway and TRUSync Grid Data Management (formerly known as Congruitive) software capabilities, feedback from the Company's industry, and the benefits of investment in related research and development ("R&D") initiatives to support and accelerate growth for the Company in the near- and long-term, and the ability to execute the Company's plan.
本新闻稿包含适用证券法所指的 “前瞻性信息”。前瞻性信息通常可以通过使用 “相信”、“可能”、“计划”、“将”、“预期”、“打算”、“可能”、“估计”、“预期”、“预测”、“项目” 等词语以及此类表述的否定词来识别。本新闻稿中的前瞻性信息包括与以下内容相关的陈述:对支持公用事业公司电网现代化工作的解决方案的需求不断增加、TruSense Gateway和TruSync网格数据管理(前身为Congruitive)软件功能的商业化和采用、公司行业的反馈以及投资相关研发(“研发”)计划以支持和加速公司近期和近期增长的好处长期和执行能力公司的计划。
To the extent any forward-looking information in this news release constitutes a "financial outlook" within the meaning of securities laws, such information is being provided because management's estimate of the future financial performance of Tantalus is useful to investors, and readers are cautioned that this information may not be appropriate for any other purpose and that they should not place undue reliance on such information.
就本新闻稿中的任何前瞻性信息构成证券法所指的 “财务前景” 而言,之所以提供此类信息,是因为管理层对Tantalus未来财务业绩的估计对投资者有用,并提醒读者,这些信息可能不适用于任何其他目的,他们不应过分依赖此类信息。
In connection with the forward-looking information contained in this news release, Tantalus has made numerous assumptions, regarding, among other things: the expected impact of supply chain constraints, the expected impact of inflationary pressures on costs and the expected timing of new product introductions, and the ongoing R&D investments and commercialization of the TRUSense Gateway. While Tantalus considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause Tantalus' actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing Tantalus is disclosed under the heading "Risk Factors" in Tantalus' Annual Information Form dated March 31, 2023 and the Company's Annual Information Form to be filed on or prior to March 31, 2024, as well as those risk factors included with Tantalus' continuous disclosure filings with Canadian securities regulatory authorities available at . All forward-looking information herein is qualified in its entirety by this cautionary statement, and Tantalus disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
关于本新闻稿中包含的前瞻性信息,Tantalus做出了许多假设,其中包括:供应链限制的预期影响、通货膨胀压力对成本的预期影响和新产品推出的预期时机,以及TruSense Gateway的持续研发投资和商业化。尽管Tantalus认为这些假设是合理的,但这些假设本质上会受到重大的不确定性和偶发性的影响。此外,还有一些已知和未知的风险因素可能导致Tantalus的实际业绩、业绩或成就与本文所包含的前瞻性信息所表达或暗示的任何未来业绩、业绩或成就存在重大差异。 在2023年3月31日的Tantalus年度信息表和将于2024年3月31日或之前提交的公司年度信息表中,在 “风险因素” 标题下披露了对Tantalus面临的风险和不确定性的完整讨论,以及Tantalus向加拿大证券监管机构提交的持续披露文件中包含的风险因素,可在以下网址查阅。除非法律要求,否则Tantalus没有义务修改或更新任何此类前瞻性信息,也没有义务公开宣布对本文中包含的任何前瞻性信息进行任何修订以反映未来业绩、事件或发展的结果。
Contact Tantalus:
Deborah Honig
Investor Relations
647-203-8793 | deborah@adcap.ca
联系坦塔洛斯:
黛博拉·霍尼格
投资者关系
647-203-8793 | deborah@adcap.ca
Website:
LinkedIn: LinkedIn/company/tantalus
X (formerly Twitter): @TantalusCorp
网站:
领英:LinkedIn/company/Tantalus
X(前身为 Twitter):@TantalusCorp
1 Financial information is reported in United States dollars ("$") unless otherwise stated and in accordance with International Financial Reporting Standards ("IFRS"). Where balances are also expressed in Canadian dollars ("CND$") in this MD&A, an average foreign exchange rate of 0.7342 and 0.7410 for the three and twelve months ended December 31, 2023 (0.7366 and 0.7685 for three and twelve months ended December 31, 2022) for income statement items and a foreign exchange rate of 0.7561 as at December 31, 2023 (0.7383 as at December 31, 2022) for balance sheet items has been applied. Certain dollar amounts in this MD&A have been rounded to the nearest millions or thousands of dollars.
1 除非另有说明,否则财务信息按照《国际财务报告准则》(“IFRS”)以美元(“美元”)报告。在本MD&A中,余额也以加元(“CND$”)表示,截至2023年12月31日的三个月和十二个月,损益表项目的平均外汇汇率为0.7342和0.7410(截至2022年12月31日的三个月和十二个月为0.7366和0.7685),截至2023年12月31日的外汇汇率为0.7561(截至2022年12月31日为0.7383)已应用资产负债表项目。本MD&A中的某些美元金额已四舍五入至最接近的数百万或数千美元。
2 See "Non-IFRS and Other Financial Measures."
2 请参阅 “非国际财务报告准则和其他财务指标”。