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News & Resources: Quarterly Results
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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.sedar.com.
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.
Vertex Resource Group Ltd. Reports First Quarter 2022 Results
May 11, 2022
Record Q1 revenue of $45.4 million, and adjusted EBITDA of $5.7 million for the first quarter of 2022.
Sherwood Park, Alberta, May 11, 2022 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the first quarter ended March 31, 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 first quarter of 2022 was a robust quarter which produced historically high first-quarter revenue. Vertex’s diversification efforts with continued expansion in the utilities, telecommunications, and government sectors have helped to grow revenue. The Company is continuing to maintain its focus on cost containment, operating efficiencies, geographic diversification, and sector diversification.
Vertex Resource Group Ltd. Reports Fourth Quarter and Fiscal 2021 Results
Mar 22, 2022
Sherwood Park, Alberta, March 22, 2022 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the fourth quarter and year ended December 31, 2021. 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.
Vertex Resource Group Ltd. Reports Third Quarter 2021 Results
Nov 12, 2021
Achieved record adjusted EBITDA of $7.6 million in Q3 2021.
Sherwood Park, Alberta, November 12, 2021 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the three and nine months ending September 30, 2021. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the condensed consolidated interim financial statements of Vertex for three and nine months ended September 30, 2021, which are available on SEDAR at www.sedar.com.
