Altius Reports Q1 2021 Attributable Royalty Revenue of $17.8M And Adjusted Operating Cash Flow of $8.8M
(1) of $17.8 million ($0.43 per share (1)) for the quarter ended March 31, 2021 which was up 9% from royalty revenue of $16.3 million ($0.39 per share) reported in Q1 2020. Adjusted EBITDA (1) for the quarter was $14.6 million or $0.35 per share, up 15% from Adjusted EBITDA of $12.7 million ($0.30 per share (1)) in Q1 2020. The adjusted EBITDA margin for the quarter was 82%. Adjusted operating cash flow of $8.8 million or $0.21 per share is down by 33% from the comparable quarter last year mainly because of the deferred timing of corporate tax installments during the prior year period. Net ea...
Source: financialbuzz.com