News & Resources: Quarterly Results

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Vertex Resource Group Ltd. Reports Third Quarter 2023 Results

Nov 13, 2023

Achieved record results for nine months as net revenue and adjusted EBITDA were $185.9 million and $30.2 million respectively. Sherwood Park, Alberta, November 13, 2023 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the third quarter ended September 30, 2023.  The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the unaudited condensed consolidated interim financial statements of Vertex for the period ended September 30, 2023, which are available on SEDAR+ at www.sedarplus.ca.


Vertex Resource Group Ltd. Reports Record Second Quarter 2023 Results

Aug 10, 2023

Achieved record second-quarter net revenue and adjusted EBITDA- $62.3 million and $11.0 million respectively. Sherwood Park, Alberta, August 9, 2023 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the second quarter ended June 30, 2023.  The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the unaudited condensed consolidated interim financial statements of Vertex for the period ended June 30, 2023, which are available on SEDAR+ at www.sedarplus.ca.


Vertex Resource Group Ltd. Reports Record First Quarter 2023 Results

May 16, 2023

Achieved record first quarter net revenue and adjusted EBITDA- $56.8 million and $8.6 million respectively.   Sherwood Park, Alberta, May 15, 2023 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the first quarter ended March 31, 2023.  The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the unaudited condensed consolidated interim financial statements of Vertex for the period ended March 31, 2023, which are available on SEDAR+ at www.sedarplus.ca.


Vertex Resource Group Ltd. Reports Record Fourth Quarter and Year End 2022 Results

Mar 22, 2023

Achieved record quarterly net revenue - $59.8 million and record fourth quarter Adjusted EBITDA - $7.6 million the highest of any fourth quarter in the Company’s history. Record annual net revenue - $218.4 million and record annual Adjusted EBITDA - $32.2 million. Sherwood Park, Alberta, March 22, 2023 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the fourth quarter ended December 31, 2022.  The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the audited consolidated financial statements of Vertex for the year ended December 31, 2022, which are available on SEDAR+ at www.sedarplus.ca.


Vertex Resource Group Ltd. Reports Third Quarter 2022 Results

Nov 10, 2022

Achieved record revenue - $59.0 million and record Adjusted EBITDA - $10.4 million of any quarter in the Company’s history. Sherwood Park, Alberta, November 10, 2022 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the third quarter ended September 30, 2022. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the audited consolidated financials statements of Vertex for the year ended December 31, 2021, which are available on SEDAR at www.sedar.com. The third quarter continued on momentum built in the first and second quarters and achieved the highest quarterly revenue and adjusted EBITDA in the Company’s history. The Company is continuing to maintain its focus on cost containment, operating efficiencies, geographic diversification, and sector diversification while pursuing growth opportunities.


Vertex Resource Group Ltd. Reports Second Quarter 2022 Results

Aug 10, 2022

The second quarter of 2022 resulted in record revenue for any quarter of $54.0 million, record adjusted EBITDA for any quarter of $8.6 million and record net income for any second quarter of $1.6 million in the Company’s history. Sherwood Park, Alberta, August 10, 2022 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the second quarter ended June 30, 2022.  The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the audited consolidated financials statements of Vertex for the year ended December 31, 2021, which are available on SEDAR at www.sedar.com. The second quarter continued on momentum built in the first quarter and achieved the highest quarterly revenue and adjusted EBITDA in the Company’s history.  The Company is continuing to maintain its focus on cost containment, operating efficiencies, geographic diversification, and sector diversification while pursuing growth opportunities.


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