CALGARY, August 11, 2015 — Solium Capital Inc. (“Solium” or the “Company”) today announced its financial results for the second quarter ended June 30, 2015.

  • Revenue increased by 15%
  • Adjusted EBITDA decreased by 18%
  • Cash position strong at $62.0 million

Financial and operating highlights for the three and six month periods ended June 30, 2015:

  • Revenue increased by 15% to $22.9 million in the second quarter of 2015 and by 14% to $47.5 million for the six month period ended June 30, 2015;
  • Adjusted EBITDA1 decreased by 18% to $4.4 million in the second quarter of 2015 and by 14% to $10.8 million in the six month period ended June 30, 2015;
  • Earnings from operations decreased by 22% to $3.2 million in the second quarter of 2015 and by 16% to $8.5 million for the six month period ended June 30, 2015;
  • Net earnings decreased by 7% to $2.3 million in the second quarter of 2015 and by 6% to $6.6 million in the six month period ended June 30, 2015; and
  • Cash on hand as at June 30, 2015 totaled $62.0 million.

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