TORONTO, May 8, 2024 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, today reported record financial results for the three months ended March 31, 2024 ("Q1 2024"). Propel also announced that its Board of Directors has approved a further increase to its dividend from C$0.48 to C$0.52 per share on an annualized basis, effective Q2 2024. This represents an increase of 8% and the Company's fourth dividend increase since the beginning of 2023. All amounts are expressed in U.S. dollars unless otherwise stated.

Results exceeded high end of Q1 Revenue and Adjusted EBITDA guidanceRevenue of $452 million, increased 9.6%, including 8.3% organic growth Gross margin of 64.4%, increased 160 bps, and net income increased to $19 millionAdjusted EBITDA of $94 million, increased 24.2%, and Adjusted EBITDA margin of 20.8%, increased 250 bps Increases full-year 2024 Revenue and Adjusted EBITDA outlookIncreases full-year 2024 Adjusted Free Cash Flow outlook to between $175 million and $185 million, an increase of $5 millionTAMPA, Fla., May 9, 2024 /CNW/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water ...

SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), an innovative and sustainable manufacturer fueling the future of food, today announced financial results for the first quarter ended March 30, 2024.

BURNABY, BC, May 8, 2024 /CNW/ - Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. and Canaccord Genuity Corp. (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 6,250,000 common shares (the "Common Shares") from the treasury of the Company, at a price of C$1.60 per Common Share for total gross proceeds of approximately C$10 million (the "Offering").