CALGARY, AB, March 6, 2025 /CNW/ - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) is pleased to advise that the Canada Border Services Agency ("CBSA") formally initiated a countervailing (anti-subsidy) and anti-dumping duty investigation into imports of renewable diesel from the United States (the "Investigation"). The Investigation follows a complaint filed by Tidewater Renewables at the end of 2024 (the "Complaint").

Q4 2024 HighlightsBacklog of $4.4 billion at quarter-end, up 42% YoYRevenues of $347 million, up 69% YoYAdjusted EBITDA1 of $71 million, up 68% YoY; adjusted EBITDA margin1 of 20.5%Adjusted net income1 of $35 million, up 26% YoYFull year 2024 HighlightsRevenues of $1,080 million, up 34% YoYAdjusted EBITDA of $217 million, up 25% YoY; adjusted EBITDA margin of 20.1%Adjusted net income of $111 million, up 13% YoYOperating cash flow of $816 million; Free cash flow of $615 millionNet cash position of $167 million at year-endIntroduction of 2025 Financial OutlookRevenues expected to be $1.50 - $1.65 billion, representing ~ 45% YoY growthAdjusted EBITDA expected to be $290 - $320 million, representing ~ 40% YoY growth, with adjusted EBITDA margin of 19%-20%BRAMPTON, ON, March 7, 2025 /CNW/ - MDA Space Ltd. (TSX: MDA), a ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 12, 2024, to its short form base shelf prospectus dated June 21, 2024.

Operating Income increases 100% year over year TORONTO, March 7, 2025 /CNW/ - Today, Aegis Brands Inc. (TSX: AEG) has reported financial results for the fourth quarter and year end as of December 29th, 2024.