Lorne Park Capital Partners Inc. Announces Results for the Three-Month Period Ended March 31, 2024
Lorne Park Capital Partners Inc. Announces Results for the Three-Month Period Ended March 31, 2024
Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Company") today announced its results for the three-month period ended March 31, 2024.
安大略省多伦多--(Newsfile Corp.,2024年4月30日)——洛恩帕克资本合伙人公司(多伦多证券交易所股票代码:LPC)(“LPCP” 或 “公司”)今天公布了截至2024年3月31日的三个月期间的业绩。
Revenue for the three-month period ended March 31, 2024 ("Q1 2024") was $8.3 million, an increase of $1.1 million or 14.6%, compared to $7.2 million for the three-month period ended March 31, 2023 ("Q1 2023").
截至2024年3月31日的三个月期间(“2024年第一季度”)的收入为830万美元,与截至2023年3月31日的三个月期间(“2023年第一季度”)的720万美元相比,增长了110万美元,增长了14.6%。
Assets under management were $3.12 billion on March 31, 2024, compared to $3.01 billion on December 31, 2023 and to $2.77 billion on March 31, 2023. On December 15, 2023, the Company acquired all of the membership interest of Fulcrum Equity Management, LLC ("Fulcrum"), which resulted in the addition of $248 million. During Q1 2024, the Company had foreign exchange and market appreciation of $145 million, and net cash outflows of $32 million, arising primarily from client cash management.
截至2024年3月31日,管理的资产为31.2亿美元,而2023年12月31日为30.1亿美元,2023年3月31日为27.7亿美元。2023年12月15日,公司收购了Fulcrum Equity Management, LLC(“Fulcrum”)的所有会员权益,从而增加了2.48亿美元。在2024年第一季度,该公司的外汇和市场升值1.45亿美元,净现金流出3200万美元,主要来自客户现金管理。
Net earnings for Q1 2024 were $126 thousand, an increase of $92 thousand or 274.0%, compared to $34 thousand during Q1 2023. Adjusted EBITDA1, a non-IFRS measure, for Q1 2024 was $1.9 million, an increase of $0.3 million or 18.3%, compared to $1.6 million during Q1 2023.
与2023年第一季度的34,000美元相比,2024年第一季度的净收益为12.6万美元,增长了92,000美元,增长了274.0%。调整后 EBITDA1,一项非国际财务报告准则指标,2024年第一季度为190万美元,与2023年第一季度的160万美元相比,增长了30万美元,增长了18.3%。
These results are not a comprehensive statement of the Company's financial results for Q1 2024. They should not be viewed as a substitute for financial statements prepared in accordance with International Financial Reporting Standards and are not necessarily indicative of the Company's results for any future period.
这些业绩不是公司2024年第一季度财务业绩的全面报告。不应将其视为根据国际财务报告准则编制的财务报表的替代品,也不一定代表公司未来任何时期的业绩。
About Lorne Park Capital Partners Inc.
关于洛恩公园资本合伙人公司
LPCP was created to bring together boutique investment management and wealth advisory firms in order to deliver robust, cost-effective investment solutions to affluent investors, foundations, estates and trusts. LPCP's unique strategy creates better alignment between investment managers and wealth advisors while providing them with additional resources to accelerate their growth.
LPCP旨在汇集精品投资管理和财富咨询公司,为富裕的投资者、基金会、房地产和信托提供强大、具有成本效益的投资解决方案。LPCP的独特策略在投资经理和财富顾问之间建立了更好的协调性,同时为他们提供了额外的资源以加速增长。
For further information, please contact:
欲了解更多信息,请联系:
Robert Sewell
Chief Executive Officer
Lorne Park Capital Partners Inc.
investor.relations@lpcp.ca
(905) 337-2227
罗伯特·休厄尔
首席执行官
洛恩公园资本合伙人公司
investor.relations@lpcp.ca
(905) 337-2227
Non-IFRS Measures
非国际财务报告准则指标
LPCP's annual consolidated financial statements are prepared in accordance with IFRS as issued by the International Accounting Standards Board. The information presented in this press release includes non-IFRS financial measures, namely EBITDA and Adjusted EBITDA. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to a similar measure presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of the Company's results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS. EBITDA and Adjusted EBITDA are used to provide investors with supplemental measures of the Company's operating performance and thus highlight trends in LPCP's core business that may not otherwise be apparent when relying solely on IFRS measures. The Company's management also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. LPCP's management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. The Company's management believes EBITDA and Adjusted EBITDA are an important supplemental measure of LPCP's performance, primarily because they and similar measures are used widely among others in the investment management industry as a means of evaluating a company's underlying operating performance. EBITDA is defined as net earnings before financing costs, income taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA, adjusted for acquisition, restructuring, integration, and share-based compensation expenses.
LPCP的年度合并财务报表是根据国际会计准则委员会发布的《国际财务报告准则》编制的。本新闻稿中提供的信息包括非国际财务报告准则的财务指标,即息税折旧摊销前利润和调整后的息税折旧摊销前利润。这些衡量标准不是《国际财务报告准则》认可的衡量标准,也没有《国际财务报告准则》规定的标准化含义,因此不太可能与其他公司提出的类似衡量标准相提并论。相反,这些指标是作为额外信息提供的,目的是从管理层的角度进一步了解公司的经营业绩,从而对国际财务报告准则的衡量标准进行补充。因此,不应孤立地考虑这些衡量标准,也不能取代对根据国际财务报告准则报告的公司财务信息的分析。息税折旧摊销前利润和调整后息税折旧摊销前利润用于为投资者提供公司经营业绩的补充衡量标准,从而突出LPCP核心业务的趋势,这些趋势在仅依赖国际财务报告准则指标时可能不明显。公司管理层还认为,证券分析师、投资者和其他利益相关方在评估发行人时经常使用非国际财务报告准则衡量标准。LPCP的管理层还使用非国际财务报告准则衡量标准,以促进不同时期的运营业绩比较,编制年度运营预算和预测,并确定管理层薪酬的组成部分。公司管理层认为,息税折旧摊销前利润和调整后息税折旧摊销前利润是衡量LPCP业绩的重要补充指标,这主要是因为它们和类似指标在投资管理行业被广泛用作评估公司基本经营业绩的一种手段。息税折旧摊销前利润定义为扣除融资成本、所得税、折旧和摊销前的净收益。调整后的息税折旧摊销前利润定义为息税折旧摊销前利润,经收购、重组、整合和基于股份的薪酬支出调整后的息税折旧摊销前利润。
The following table outlines how EBITDA and Adjusted EBITDA was determined:
下表概述了息税折旧摊销前利润和调整后息税折旧摊销前利润是如何确定的:
Cautionary Notes
警示说明
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking information may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", "plan", and other similar expressions. Forward looking information in this news release includes, without limitation, LPCP's objectives, goals and future plans. Forward-looking information addresses possible future events, conditions and financial performance based upon management's current expectations, estimates, projections and assumptions. In particular, the forward-looking information contained in this news release reflects assumptions about the timing and results of the amalgamation and regulatory approvals. Management of LPCP considers the assumptions on which the forward-looking information contained herein are based to be reasonable. However, by its very nature, forward-looking information inherently involves known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such information. Such risks include, without limitation, changes in economic conditions, applicable laws or regulations. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. LPCP disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
本新闻稿包含构成适用证券法所指的 “前瞻性信息” 的陈述。前瞻性信息可以用 “相信”、“预期”、“预期”、“估计”、“可能”、“可能”、“将”、“将”、“计划” 等术语和其他类似的表达方式来识别。本新闻稿中的前瞻性信息包括但不限于LPCP的目标、目标和未来计划。根据管理层当前的预期、估计、预测和假设,前瞻性信息涉及未来可能发生的事件、状况和财务业绩。特别是,本新闻稿中包含的前瞻性信息反映了对合并和监管批准的时间和结果的假设。LPCP的管理层认为,此处包含的前瞻性信息所依据的假设是合理的。但是,就其本质而言,前瞻性信息本质上涉及已知和未知的风险和不确定性,这些风险和不确定性可能导致实际结果与此类信息所表达或暗示的结果存在重大差异。此类风险包括但不限于经济状况的变化、适用的法律或法规。因此,提醒读者不要过分依赖前瞻性信息。除非法律要求,否则LPCP不承担任何更新或修改任何前瞻性信息的意图或义务,无论这些信息是由于新信息、未来事件还是其他原因造成的。
/NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/
/不适用于在美国发行。任何不遵守此限制的行为都可能构成对美国证券法的违反/