Yangaroo Announces Q2'2025 Financial Results
Yangaroo (TSXV: YOO) reported its Q2 2025 financial results, marking its twelfth consecutive quarter of positive Normalized EBITDA. Revenue declined to $1.65 million, down 15% year-over-year, primarily due to geopolitical tensions and U.S. trade measures affecting advertising spending. The quarter saw an operating loss of $18,777 and Normalized EBITDA of $220,909, compared to operating income of $110,704 and Normalized EBITDA of $337,818 in Q2 2024.
The company achieved significant cost reductions, with operating expenses decreasing by 9% year-over-year to $1.67 million. Additionally, Yangaroo reached settlement agreements totaling $210,000 related to the 2021 DMS acquisition legal proceedings.
Yangaroo (TSXV: YOO) ha pubblicato i risultati finanziari del Q2 2025, registrando il suo dodicesimo trimestre consecutivo di EBITDA Normalizzato positivo. I ricavi sono scesi a $1,65 milioni, in calo del 15% su base annua, principalmente a causa di tensioni geopolitiche e misure commerciali statunitensi che hanno inciso sulla spesa pubblicitaria. Nel trimestre si è rilevata una perdita operativa di $18.777 e un EBITDA Normalizzato di $220.909, rispetto a un utile operativo di $110.704 e a un EBITDA Normalizzato di $337.818 nel Q2 2024.
L'azienda ha ottenuto significative riduzioni dei costi, con spese operative in calo del 9% su base annua a $1,67 milioni. Inoltre, Yangaroo ha raggiunto accordi di transazione per un totale di $210.000 relativi alle controversie legali sull'acquisizione DMS del 2021.
Yangaroo (TSXV: YOO) informó sus resultados financieros del 2T 2025, registrando su duodécimo trimestre consecutivo con EBITDA Normalizado positivo. Los ingresos disminuyeron a $1,65 millones, un 15% menos interanual, debido principalmente a tensiones geopolíticas y medidas comerciales de EE. UU. que afectaron el gasto en publicidad. El trimestre mostró una pérdida operativa de $18,777 y un EBITDA Normalizado de $220,909, en comparación con un ingreso operativo de $110,704 y un EBITDA Normalizado de $337,818 en el 2T de 2024.
La compañía consiguió reducciones significativas de costos, con gastos operativos que cayeron un 9% interanual hasta $1,67 millones. Además, Yangaroo alcanzó acuerdos de liquidación por un total de $210,000 relacionados con los procedimientos legales por la adquisición de DMS en 2021.
Yangaroo (TSXV: YOO)는 2025년 2분기 실적을 발표하며 연속 12분기 연속 정상화 EBITDA(회복적 EBITDA) 흑자를 기록했습니다. 매출은 $1.65백만으로 전년 동기 대비 15% 감소했으며, 이는 주로 지정학적 긴장과 미국 무역 조치로 인한 광고 지출 감소 때문입니다. 해당 분기에 영업손실은 $18,777, 정상화 EBITDA는 $220,909였으며, 이는 2024년 2분기의 영업이익 $110,704 및 정상화 EBITDA $337,818과 비교됩니다.
회사는 운영비를 크게 절감하여 영업비용을 전년 동기 대비 9% 감소한 $1.67백만으로 줄였습니다. 또한 Yangaroo는 2021년 DMS 인수 관련 법적 절차에 대해 총 $210,000의 합의에 도달했습니다.
Yangaroo (TSXV: YOO) a publié ses résultats du 2e trimestre 2025, enregistrant son douzième trimestre consécutif d'EBITDA normalisé positif. Le chiffre d'affaires a diminué à 1,65 M$, en baisse de 15 % sur un an, principalement en raison de tensions géopolitiques et de mesures commerciales américaines ayant affecté les dépenses publicitaires. Le trimestre a affiché une perte d'exploitation de 18 777 $ et un EBITDA normalisé de 220 909 $, contre un résultat d'exploitation de 110 704 $ et un EBITDA normalisé de 337 818 $ au 2e trimestre 2024.
La société a réalisé d'importantes réductions de coûts, les charges d'exploitation ayant diminué de 9 % sur un an à 1,67 M$. De plus, Yangaroo a conclu des accords de règlement totalisant 210 000 $ relatifs aux procédures juridiques liées à l'acquisition de DMS en 2021.
Yangaroo (TSXV: YOO) meldete seine Finanzergebnisse für das 2. Quartal 2025 und verzeichnete damit sein zwölftes aufeinanderfolgendes Quartal mit positivem normalisiertem EBITDA. Der Umsatz sank auf $1,65 Mio., ein Rückgang von 15% im Jahresvergleich, hauptsächlich bedingt durch geopolitische Spannungen und US-Handelsmaßnahmen, die die Werbeausgaben belasteten. Das Quartal wies einen Betriebsverlust von $18.777 und ein normales EBITDA von $220.909 aus, gegenüber einem Betriebsgewinn von $110.704 und einem normalen EBITDA von $337.818 im 2. Quartal 2024.
Das Unternehmen erzielte deutliche Kostensenkungen, die betrieblichen Aufwendungen sanken um 9% im Jahresvergleich auf $1,67 Mio. Zudem erzielte Yangaroo Vergleichsvereinbarungen in Höhe von insgesamt $210.000 im Zusammenhang mit den Rechtsverfahren zur DMS-Akquisition aus 2021.
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Reports Twelfth Consecutive Quarter of Positive Normalized EBITDA Amid Challenging Market Conditions
Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - YANGAROO Inc. (TSXV: YOO) ("Yangaroo", "Company"), a software leader in media asset workflow and distribution solutions, today announced its financial results for the second quarter ended June 30, 2025. The second quarter financial statements and corresponding management's discussion and analysis (the "Second Quarter Filings") are available at www.yangaroo.com and on the Company's profile at www.sedarplus.ca. Please note that all currency in this press release is denominated in United States dollars, unless otherwise noted.
The Company is pleased to report its twelfth consecutive quarter of positive Normalized EBITDA in the second quarter ended June 30, 2025. Management believes this is a demonstrative result of the Company's strong focus on strategic execution and cost management within the challenging environment imposed by the current geopolitical situation.
However, despite the Company's continued focus and strategic efforts, total revenue for the quarter declined by
For the three months ended June 30, 2025, operating loss and Normalized EBITDA were
For the six months ended June 30, 2025, operating income and Normalized EBITDA were
Grant Schuetrumpf, President and CEO of Yangaroo, commented, "We are pleased to report our twelfth consecutive quarter of positive Normalized EBITDA, reflecting the strength of our operations and our ongoing commitment to exceptional client service. While the macro market dynamics in the advertising and music sectors have created near-term headwinds, our disciplined approach and resilient business model position us well to navigate these challenges. As we move into the second half of 2025, we remain focused on executing our growth strategy, expanding our customer base, and investing in our platforms to capture both organic and non-organic opportunities across all divisions."
Q2'2025 Financial Highlights
- Revenue in Q2'2025 was
$1,651,441 compared to$1,949,689 and$1,782,058 in the second quarter of 2024 and the first quarter of 2025, respectively.
Revenue decreased by
$298,248 , or15% , versus Q2'2024. This was the result of a decrease in Advertising revenue of$222,360 , or16% , and a decrease in Entertainment revenue of$75,888 , or14% .Revenue decreased by
$130,617 , or7% , versus Q1'2025. The decrease in revenue was primarily attributed to lower Advertising revenue of$221,980 , or16% , offset by higher Music and Awards revenue with an increase of$27,752 , or12% , and$63,611 , or39% , respectively. The decrease in Advertising revenue can be strongly attributed to the current geopolitical situation, while the increase in Music and Awards revenue is due to seasonality with the second quarter typically having a higher volume and spend period.
- Operating expenses in Q2'2025 were
$1,670,218 compared to$1,838,985 and$1,757,532 in the second quarter of 2024 and the first quarter of 2025, respectively.
Operating expenses decreased by
$168,767 , or9% , versus Q2'2024. The decrease in operating expenses was primarily attributed to reductions across headcount, marketing, general and administrative expenses, and technology and production expenses, offset by a slightly higher depreciation expense.Operating expenses decreased by
$87,314 , or5% , versus Q1'2025. The decrease in operating expenses was primarily attributed to the Company's cost control initiatives, which resulted in lower salaries, lower technology expenses, and lower general and marketing expenses.
- Normalized EBITDA in Q2'2025 was
$220,909 in comparison to Normalized EBITDA of$337,818 in Q2'2024 and Normalized EBITDA of$264,251 in Q1'2025.
Normalized EBITDA decreased by
$116,909 , or35% , compared to Q2'2024. The decrease was primarily attributed to the overall decrease in revenue.Normalized EBITDA decreased by
$43,342 , or16% , compared to Q1'2025. This decrease was also primarily attributed to the overall decrease in revenue.
Financial Highlights
| Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | ||||||||||||||
| Cash | $ | 271,234 | $ | 217,088 | $ | 231,083 | 105,906 | ||||||||||
| Working Capital (Deficiency) | (2,140,887) | (1,900,378) | (1,841,495) | (1,787,761) | |||||||||||||
| Liquidity | 656,059 | 686,618 | 717,583 | 550,386 | |||||||||||||
| Revenue | 1,651,441 | 1,782,058 | 2,241,659 | 1,942,525 | |||||||||||||
| Operating Expenses | 1,670,218 | 1,757,532 | 1,950,876 | 1,593,542 | |||||||||||||
| Other Expenses (Income) | 255,720 | 152,424 | (92,192) | 179,406 | |||||||||||||
| Income Tax Expense (Recovery) | 6,671 | 909 | (97,327) | - | |||||||||||||
| After-Tax Income (Loss) for the Period | (281,168) | (128,807) | 480,302 | 169,577 | |||||||||||||
| Income (Loss) per Share – Basic | $ | (0.00) | $ | (0.00) | $ | 0.01 | $ | 0.00 | |||||||||
| Income (Loss) per Share – Diluted | $ | (0.00) | $ | (0.00) | $ | 0.01 | $ | 0.00 | |||||||||
| EBITDA | 63,051 | 158,596 | 651,570 | 374,900 | |||||||||||||
| EBITDA Margin % | |||||||||||||||||
| Normalized EBITDA * | 220,909 | 264,251 | 540,504 | 466,458 | |||||||||||||
| Normalized EBITDA Margin % * | |||||||||||||||||
| Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | ||||||||||||||
| Cash | 86,118 | $ | 207,998 | $ | 150,928 | $ | 254,720 | ||||||||||
| Working Capital (Deficiency) | (1,932,157) | (1,810,041) | (1,758,949) | (115,884) | |||||||||||||
| Liquidity | 378,358 | 521,092 | 623,506 | 975,794 | |||||||||||||
| Revenue | 1,949,689 | 1,922,631 | 2,128,768 | 1,708,931 | |||||||||||||
| Operating Expenses | 1,838,985 | 1,905,260 | 2,172,342 | 1,708,684 | |||||||||||||
| Other Expenses (Income) | 118,863 | (144) | 3,756,134 | 20,217 | |||||||||||||
| Income Tax Expense (Recovery) | 120,872 | 1,950 | (134) | (11,907) | |||||||||||||
| After-Tax Income (Loss) for the Period | (129,031) | 15,565 | (3,799,574) | (8,063) | |||||||||||||
| Income (Loss) per Share – Basic | $ | (0.00) | $ | 0.00 | ( | ( | |||||||||||
| Income (Loss) per Share – Diluted | $ | (0.00) | $ | 0.00 | ( | ( | |||||||||||
| EBITDA | 307,730 | 356,704 | (3,407,954) | 322,585 | |||||||||||||
| EBITDA Margin % | ( | ||||||||||||||||
| Normalized EBITDA* | 337,818 | 237,581 | 211,061 | 266,269 | |||||||||||||
| Normalized EBITDA Margin % * | |||||||||||||||||
| * A non-IFRS measure. See "Non-IFRS financial measures" for definitions and reconciliation of non-IFRS measures to the relevant IFRS measures. | |||||||||||||||||
During the quarter, the Company reached a settlement agreement of
Subsequent to the quarter, the Company also reached a second settlement agreement for
Shares for Services
Pursuant to the previously disclosed shares for services arrangement (the "Shares for Services Arrangement") entered into between the Company and Grant Schuetrumpf, the Company will issue a total of 81,123 common shares of the Company (the "Shares") for the months of May through July 2025, as follows:
31,520 Shares at a price of
$0.07 per Share for the month of June;49,603 Shares at a price of
$0.09 per Share for the months of May and July, collectively.
Upon the issuance of the Shares, the Company will have issued a cumulative total of 281,473 Shares for the months of January through July 2025 under the Shares for Services Arrangement.
As Mr. Schuetrumpf is an officer and director of the Company, the issuance of the Shares under the Shares for Services Arrangement is considered a "related party transaction" under Multilateral Instrument 61-101 – Protection of Minority Security Holders In Special Transactions ("MI 61-101") and the TSXV. The Company is relying on the exemptions from the formal valuation and the minority shareholder approval requirements of MI-61-101 contained in section 5.5 (a) and Section 5.7 (1)(a) as the fair market value of the common shares being issued to insiders in connection with the Shares for Services Arrangement does not exceed
About YANGAROO
Yangaroo is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. Yangaroo's Digital Media Distribution System ("DMDS") platform is a patented cloud-based platform that provides customers with a centralized and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralized digital asset management, delivery, and promotion. DMDS is used across the advertising, music, and entertainment awards show markets.
The address of the Company's corporate office and principal place of business is 360 Dufferin Street, Suite 203, Toronto, Ontario, M6K 1Z8.
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For YANGAROO Investor Inquiries:
Grant Schuetrumpf
Ph: (416) 534 0607
investors@yangaroo.com
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 accuracy of this release.
Use of Non-IFRS Financial Measures
The following non-IFRS definitions are used in the press release because management believes that they provide useful information regarding the Company's ongoing operations. Readers are cautioned that the definitions are not recognized measures under IFRS, do not have standardized meanings prescribed by IFRS, and should not be construed to be alternatives to revenues and net earnings determined in accordance with IFRS or as an indicator of performance, liquidity, or cash flows. The Company's method of calculating these measures may differ from the methods used by other entities and accordingly, these measures may not be comparable to similarly titled measures used by other entities or in other jurisdictions.
EBITDA as defined by the Company means Earnings Before Interest and financing costs (net of interest income), Income Taxes, Depreciation, and Amortization. EBITDA is derived from the statements of comprehensive income (loss) and can be computed as revenues less salaries and consulting expenses, technology and production expenses, marketing and promotion expenses, general and administrative expenses, any gain (loss) on the remeasurement of fair value and contingent consideration, foreign exchange (gain) loss, and any non-recurring items such as restructuring expenses, government subsidies, and goodwill impairment.
Normalized EBITDA, as defined by the Company, means EBITDA adjusted for one-time non-recurring or non-cash items such as share-based compensation expenses, acquisition fees, restructuring fees, foreign-exchange expenses, revaluation of embedded derivative liability, revaluation on contingent consideration, and goodwill impairment.
EBITDA Margin and Normalized EBITDA Margin as defined by the Company means EBITDA and Normalized EBITDA, respectively, as a percentage of revenue.
Working capital as defined by the Company means current assets less current liabilities.
Liquidity as defined by the Company means cash plus the available capacity in the Company's revolving credit facility.
The Company believes EBITDA, EBITDA margin, liquidity, and working capital, are useful measures because they provide information to both management and investors with respect to the operating and financial performance of the Company.
Cautionary Note Regarding Forward-looking Statements
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.
Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements. Although YANGAROO has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company is making forward-looking statements with respect to the issuance of the Shares pursuant to the Shares for Services Arrangement, including the number of Shares to be issued.
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263292
