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Canada's Glacier Media 2025 revenue falls 3.1%

ReutersMar 19, 2026 9:10 PM


Overview

  • Canada business information publisher's 2025 revenue fell 3.1% as legacy print operations declined

  • EBITDA dropped to C$7.5 mln, driven by lower revenue in core operations

  • Advertising revenue declined, partly offset by growth in data and subscription revenue


Outlook

  • Company did not provide specific guidance for future periods


Result Drivers

  • PRINT OPERATIONS DECLINE - Revenue fell as legacy print operations were sold or closed by end of 2025

  • ADVERTISING WEAKNESS - Advertising revenue decreased due to market uncertainty and closures or sales of community media publications

  • DATA AND SUBSCRIPTION GROWTH - Data and subscription revenue increased, mainly in environmental risk and compliance information operations


Company press release: ID:nGNX9TJTwV


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

FY Revenue

C$137.51 mln

FY Net Income

C$6.42 mln

FY Capex

C$5.22 mln

FY EBITDA

C$7.46 mln

FY EBITDA Margin

5.4%


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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