Northwire Canada EditionSunday, July 12, 2026
Sign inSubscribe
Northwire
⌕
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Other

Yellow Pages Limited Reports Third Quarter 2025 Financial and Operating Results and Declares a Cash Dividend Superscript 1

By The Northwire Desk — AI Analysis Nov 13, 2025 · 07:40 Y · 11.31 YELLOW PAGES LIMITED
Y · Price

Executive Summary

  • Yellow Pages Limited reported Q3 2025 revenue of C$48.3 M, an 8.1% YoY decline, and Adjusted EBITDA of C$9.98 M (20.6% margin).
  • Net income fell to C$4.0 M ($0.29 diluted EPS) versus C$6.3 M a year earlier.
  • The Board declared a cash dividend of $0.25 per common share payable on December 15, 2025.

Key Details

  • Revenue: C$48,342 k (Q3 2025) vs. C$52,619 k (Q3 2024); 8.1% YoY decline.
  • Adjusted EBITDA: C$9,977 k (20.6% of revenue) vs. C$12,526 k (23.8%) a year earlier.
  • Adjusted EBITDA less CAPEX: C$9,593 k; margin 19.8%.
  • Net Income: C$4,046 k; diluted EPS $0.29 (down from $0.46).
  • Cash Balance: Approximately C$59 M at end of October 2025.
  • CAPEX: C$384 k for the quarter (total 1‑quarter CAPEX).
  • Operating Cash Flow: C$7,884 k, down from C$11,519 k YoY.
  • Digital Revenue: C$40,000 k (down 6.2% YoY).
  • Print Revenue: C$8,300 k (down 16.3% YoY); $0.5 M of print revenue deferred due to Canada Post strike, to be recognized in Q4.
  • Pension Contribution: Completed voluntary C$2.0 M contribution to defined benefit plan; additional C$4.0 M planned by June 2026 pending Board review.
  • Dividend Declaration: $0.25 per common share, payable Dec 15 2025 to shareholders of record Nov 26 2025 (eligible dividend).
  • Management Commentary: CEO Sherilyn King highlighted profitability, cash generation, progress on revenue initiatives, and new executive leadership team appointed during the quarter.

Notable Quotes

“In the third quarter, we continue to achieve good profitability, strong cash generation and continued progress on our revenue initiatives.” – Sherilyn King, President & CEO
“Our Adjusted EBITDA for the quarter was 20.6% of revenue.” – Sherilyn King
“We reported a total revenue decline of 8.1% for the quarter…the impact of the Canada Post labour disruption was limited to approximately $0.5 M of print revenues.” – Sherilyn King

Conference Call: Analyst call scheduled for Nov 13 2025, 8:30 a.m. ET (details in release).

Read the original news release →

More from YELLOW PAGES LIMITED

Jun 23, 2026 · 07:45

Completed $25M buyback at fixed price; structural revenue decline and margin compression overshadow routine capital return.

Other Jun 15, 2026 · 19:15

Court clears $25M buyback as Yellow Pages navigates structural print decline and digital margin pressure

Other Jun 11, 2026 · 16:15

Shareholder-approved $25M buyback clears final hurdle, but structural revenue decline and margin compression keep upside capped.

Other May 14, 2026 · 07:45

Yellow Pages’ revenue slide accelerates as digital pivot fails to offset print erosion.

Earnings May 11, 2026 · 07:45

Yellow Pages Files Proxy for $25M Buyback Amid Revenue Decline

Other Apr 07, 2026 · 09:00

Share buyback and pension contribution signal confidence but limited upside in already‑priced stock

Other