Financials

Financial Highlights

Three Months Ended June 30, Six Months Ended June 30,
($ in thousands except per share amounts) 2022 2021 2022 2021
Revenue 48,380 44,342 84,172 74,372
Net income 8,565 29,589 25,463 56,015
Earnings per share – basic 0.17 0.59 0.51 1.12
Earnings per share – diluted 0.15 0.48 0.42 0.91
Adjusted EBITDA(1) 18,781 21,441 34,674 30,864
Total generation – (MWh) 390,813 389,101 784,404 713,591
Total fuel consumption – (GJ) 4,119,567 4,137,093 8,303,475 7,734,434
Average Alberta market power price ($ per MWh) 122.47 104.51 106.32 100.01
Average realized power price ($ per MWh) 123.79 113.96 107.31 104.22
Total net debt (1) 55,639 14,997 55,639 14,997
Total assets 365,459 295,366 365,459 295,366

(1) Select financial information was derived from the consolidated financial statements and is prepared in accordance with GAAP, except adjusted Earnings before Interest, Income Taxes, Depreciation and Amortization (“Adjusted EBITDA”). Adjusted EBITDA is provided to assist management and investors in determining the Corporation’s approximate operating cash flows before interest, income taxes, and depreciation and amortization and certain other other non-recurring income and expenses. Total net debt was derived from the consolidated financial statements to include: loans and borrowings (including the convertible loan facility), current liabilities, other long-term liability, less total current assets.

 

 

Quarterly Reports

2022 Q1 Q2
2021 Q1 Q2 Q3
2020 Q1 Q2 Q3

Disclaimer