)
RediShred Capital (KUT) investor relations material
RediShred Capital Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Signed a definitive agreement for acquisition by VRC Companies, LLC at CAD 5 per share, expected to close in Q1 2025, pending approvals.
Q3 2024 revenue reached CAD 17.9 million, up 16% year-over-year, with strong organic shredding growth and contributions from acquisitions.
Q3 2024 saw continued growth in service revenue, especially recurring shredding services.
Organic growth was strong, supported by customer base expansion and price increases.
On July 29, 2024, acquired Confidential Shredding LLC, expanding presence in New Jersey and New York.
Financial highlights
Q3 2024 consolidated EBITDA was CAD 4.1 million, up 35% year-over-year.
Q3 2024 revenue reached CAD 17.9 million, up from CAD 15.4 million in Q3 2023.
Year-to-date revenue for the first nine months was CAD 53 million, up from CAD 49.1 million in 2023.
Year-to-date EBITDA totaled CAD 12.7 million.
Free cash flow for the first nine months was CAD 5.8 million, or CAD 0.32 per share.
Outlook and guidance
Transaction with VRC Companies, LLC expected to close in Q1 2025, after shareholder and court approvals.
Upon completion, the company will become privately held.
Expecting increased scale and route density in the New York, New Jersey market following the Confidential Shredding acquisition.
Anticipating a strong finish to the fourth quarter.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)