CALGARY, November 3, 2015 — Solium Capital Inc. (“Solium” or the “Company”) today announced its financial results for the third quarter ended September 30, 2015.

Financial and operating highlights for the three and nine month periods ended September 30, 2015:

  • Revenue increased by 20% to $22.5 million in the third quarter of 2015 and by 16% to $70.0 million for the nine month period ended September 30, 2015;
  • Adjusted EBITDA1 increased by 5% to $3.9 million in the third quarter of 2015 and decreased by 10% to $14.7 million in the nine month period ended September 30, 2015;
  • Earnings from operations increased by 7% to $2.7 million in the third quarter of 2015 and decreased by 12% to $11.2 million for the nine month period ended September 30, 2015;
  • Net earnings increased by 43% to $2.3 million in the third quarter of 2015 and by 3% to $8.9 million in the nine month period ended September 30, 2015; and
  • Cash on hand as at September 30, 2015 totaled $65.7 million.

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