The Motley Fool

MAY 30, 2024

Collectively, these actions reduced Canopy's debt by over $700 million in fiscal 2024, which brings our total debt reduction to over $1.1 Further, subsequent to the end of fiscal '24, we have also estimated or eliminated a $100 million short-term debt obligation and extended the maturity of a convertible note by five years.

Debt 130

Debt Legal Assets Depreciation 130

The Motley Fool

JULY 17, 2024

Splits are superficial in the sense that they have no effect on a company's market cap or operating performance. With a forward-stock split, a public company is angling to make its shares more nominally affordable for retail investors. Image source: Getty Images. Bitcoin's real-world use case is lacking, too.

Debt 130

Debt Legal Stock Exchanges Assets 130

Blackstone News

JUNE 18, 2024

With a track-record of over 50 successful public company transactions, Blackstone Real Estate is well-positioned to execute this transaction. are serving as legal advisors to Blackstone Real Estate and MRP Group. Additionally, this offer provides more certainty given the limited closing conditions. BREIT), a U.S.

Finance 98

Finance Financing Legal Assets 98

The Motley Fool

AUGUST 7, 2023

Even with this full-year spending forecast bumped up a tad to account for legal expenses incurred during the second quarter, it shows that management is being mindful of costs in a rising interest rate environment. The company closed out June with $53.4 billion in long-term debt. Image source: Getty Images.

Legal 130

Legal Public Companies Accounting Debt 130

The Motley Fool

AUGUST 9, 2024

Backed by surging demand post legalization, stores and vehicle posted revenue growth of over 100% in Germany within the quarter, which offset a decline in Australia due to the implementation of a regulatory change. Today, we'll be able to realize a fair amount of public company synergies when that business becomes part of the CUSA platform.

Public Companies 130

Public Companies Assets Debt Capital 130

The Motley Fool

JANUARY 9, 2024

With our knowledge and expertise in medical cannabis and the regulatory compliance that applies, we're well-positioned to participate in a federally legalized medical market in the U.S. 1 market share position in Canada, the largest federally legal cannabis market in the world, with approximately 12.5% Similar to the U.S.,

Taxes 130

Taxes Legal Education Shareholders 130

The Motley Fool

MAY 5, 2024

Not in a legal document but in a pact because what happens, Jim, is our most successful franchisees, they understand that their business is a legacy asset in the community. You've got some debt. We have some voices on our team that say, why have they got so much debt? Let's talk of share buybacks. Brett Heffes: Sure.

Resale 130

Resale Shareholders Debt Legal 130

The Motley Fool

JUNE 23, 2023

To this effect, we have exited several members of the BioSteel leadership team and are considering all legal remedies available to us, including litigation to recover damages and costs associated with and resulting from the findings of the BioSteel review. billion, of which 557 million was classified as current portion of the long-term debt.

Debt 130

Debt Assets Capital Public Companies 130

The Motley Fool

AUGUST 9, 2023

We've invested tens of millions of dollars and almost 10 years building a defensible combination of data, intelligence, and AI technology to collect, synthesize, and make sense of an exploding pace in volume of dynamic unstructured, regulatory, political, and legal information around the world and the soft workflows to help our customers respond.

Legal 130

Legal Leveraging Accounting Capital 130

The Motley Fool

FEBRUARY 7, 2025

Their growth rates are expected to slow a bit during 2025, given slightly higher levels of supply, and less of a tailwind from bad debt declining, thus they received stable to moderating outlooks. Atlanta ranks as a B performer with an improving outlook mainly due to the progress we've made in reducing bad debt and fraudulent activity.

Debt 189

Debt Leveraging Assets Bidding 189

The Motley Fool

AUGUST 6, 2024

The size, scale, diversification, and consistency of performance from our global real estate portfolio continues to provide us with excellent visibility to revenue and is a key reason why we have not had a single year of negative operational return in our 30 years as a public company. Cineworld reduced its debt by $4.5

Debt 130

Debt Assets Capital Leveraging 130

The Motley Fool

FEBRUARY 15, 2024

Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. Second, we repurchased $100 million of our 2026 convertible debt, which had a favorable P&L impact of $18 million. Paul Grewal -- Chief Legal Officer Thank you, Alesia.

Legal 130

Legal Assets Finance Financing 130

The Motley Fool

NOVEMBER 8, 2024

federal legalization. In Germany, our medical cannabis revenue surged by 47% from the first to second quarter, demonstrating the rapidly rising demand in Germany's medical market since legalization and Canopy's positioning as one of the long-term players within that market. In Poland, our revenues grew 200% year over year.

Legal 130

Legal Capital Leveraging Portfolios 130

The Motley Fool

MAY 16, 2024

As I mentioned before, and it's even more clear to me now, there were missed opportunities in the past to rationalize systems, processes, legal entities, go-to-market, and delivery functions. We sequentially reduced our total debt levels by $450 million, and for the full year, our total debt levels have been reduced by $300 million.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

JUNE 14, 2023

In particular, the German government is currently working to deschedule cannabis in the first part of the legalization bill. In addition, compared to Q3, we'll also save approximately $2 million a quarter in interest as we pay off the remainder of our convertible debt, currently standing at about $80 million Canadian. million U.S.

Capital 130

Capital Legal Debt Portfolios 130

The Motley Fool

OCTOBER 30, 2024

Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. That is total cash minus our debt. First, capital requirements for our regulated legal entities. To be clear, we are an operating company and not an investment company.

Assets 130

Assets Legal Shareholders Capital 130

The Motley Fool

AUGUST 2, 2023

Second, we are on track to separate NCR into two public companies in the fourth quarter of 2023. Turning to Slide 15, which describes free cash flow, net debt, and adjusted EBITDA metrics to facilitate leverage calculations. Once we receive regulatory approval, we will raise new debt and then execute the spin.

Banks 100

Banks Leveraging Public Companies Debt 100

The Motley Fool

FEBRUARY 14, 2024

We drove strong financial performance in the fourth quarter, delivering an impressive finish to our first year as a public company. Higher interest expense incurred from debt issued at our IPO offset stronger underlying financial results. Higher interest expense incurred from debt issued at our IPO lowered results in 2023.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Banks Shareholders 130

Blackstone News

JUNE 10, 2024

With a track-record of over 50 successful public company transactions, Blackstone Real Estate is well-positioned to execute this transaction. are serving as legal advisors to Blackstone Real Estate and MRP Group. Additionally, this offer provides more certainty given the limited closing conditions. BREIT), a U.S.

Finance 59

Finance Financing Shareholders Legal 59

The Motley Fool

FEBRUARY 9, 2024

In January, we also completed USD 35 million private placement, majority of which we expect to use toward additional debt reduction. As of December 31, 2023, we had $186 million in cash and short-term investments and total debt of 612 million, resulting in net debt balance of 426 million. Now, turning to the balance sheet.

Shareholders 130

Shareholders Debt Assets Portfolios 130

The Motley Fool

MARCH 12, 2024

It transformed our balance sheet, allowing us to reduce debt by over $65 million, reduced our interest expense. We told you that we will continue to lead the market on launching new and innovative legal and regulatory AI products, and we did. And of course, financially, it was a win-win as well. We drove a 125% IRR and 9.5

Leveraging 130

Leveraging Accounting Capital Debt 130

The Motley Fool

OCTOBER 11, 2024

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. We celebrated the 25th anniversary of BlackRock becoming a public company, and we closed our acquisition of Global Infrastructure Partners. The long-term connectors and our relationships span many years as holders of company debt and equity.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

Blackstone News

JUNE 28, 2024

With a track-record of over 50 successful public company transactions, Blackstone Real Estate is well-positioned to execute this transaction. are serving as legal advisors to Blackstone Real Estate and MRP Group. BREIT), a U.S. non-listed REIT. Simpson Thacher & Bartlett LLP and Galicia Abogados, S.C.,

Taxes 52

Taxes Finance Financing Assets 52

The Motley Fool

FEBRUARY 16, 2024

I would like to turn the call over to Stanton Dodge, chief legal officer. Stanton Dodge -- Chief Legal Officer Good morning, everyone, and thank you for joining us today. And I mean we had the worst two-week stretch of support outcomes from a dollar cost basis that we've ever had as a public company. You may begin.

Legal 130

Legal Capital Leveraging Banks 130

The Motley Fool

AUGUST 10, 2023

And finally, our balance sheet, where over three years, we have reduced our convertible debt from 531 million to approximately 63 million as of today, demonstrating that prudent fiscal management and focus on cash and cash flow are top priorities for the company. listed public company, etc., million common shares.

Capital 130

Capital Due Diligence Debt Shareholders 130

The Motley Fool

NOVEMBER 5, 2024

As a result, we've delivered positive total operational returns each year since becoming a public company 30 years ago, successfully navigating a variety of economic environments. Our leverage, as measured by net debt to annualized pro forma adjusted EBITDA was a healthy 5.4 times, well within our target ratio or 5.2 Jonathan W.

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

FEBRUARY 20, 2024

[Operator instructions] I would now like to pass the conference over to our host, Tryn Stimart, chief legal and compliance officer with AbCellera. Tryn Stimart -- Chief Legal and Compliance Officer Thank you. I'm Tryn Stimart, AbCellera's chief legal and compliance officer. Tryn, please go ahead. Happy to take that.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Legal Capital 130

The Motley Fool

JULY 31, 2024

And our stock-based comp expense in Q2 was the lowest in our history as a public company. As previously disclosed, the first payment of our class action legal settlement was made in the second quarter which reduces the cash flow in the quarter by $29 million.

Legal 130

Legal Capital Public Companies Banks 130

The Motley Fool

AUGUST 7, 2023

Our robust free cash flow generation allows us to employ a dynamic capital allocation strategy that includes evaluating organic and inorganic investments, repurchasing shares and addressing our convertible debt maturity. This results in a weighted cost of debt of approximately 1.6% and can step down modestly as we further deleverage.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Legal Capital 130

The Motley Fool

FEBRUARY 27, 2024

We have one of the strongest and most experienced teams of real estate professionals in the cannabis industry, a high-quality portfolio and a conservative and flexible balance sheet with a 12% debt to total gross assets. No variable rate debt, no debt maturities until May 2026. Turning to the balance sheet.

Taxes 100

Taxes Assets Capital Debt 100

Fortune Financial

NOVEMBER 17, 2021

The number of public companies you can invest in is less than half where it was 25 years ago,” said Freisner. In addition to the decline of publicly traded companies, many firms have reverted to private status or have chosen to remain private. Consider Adding an Alternative Investment to Your Portfolio.

Stock Market 52

Stock Market Stock Market Private Equity Firms Private Equity Firms 52

The Motley Fool

JANUARY 28, 2024

They have no long-term debt aside from their leases. They've not issued more equity since going public, although they do rely on share-based compensation as many businesses do. Very little debt does give them a lot of financial flexibility. You now know how to score risks around companies. David Gardner: Excellent.

Capital 130

Capital Securities and Exchange Commission (SEC) Shareholders Companies 130

The Motley Fool

FEBRUARY 27, 2024

This $6 million increase is primarily driven by investments to support our growth, performance-based incentive compensation, recurring public company costs, and legal accruals. At the end of the quarter, we had zero debt outstanding, $332.4 million, compared to $15.3 million in Q4 of 2022. in Q4 of 2022.

Leveraging 130

Leveraging Finance Financing Shareholders 130

The Big Picture

NOVEMBER 21, 2023

They invest primarily in private and public companies. ’cause it’s a pretty wild ride, starting with, you’re working with Peter Legal of Forest River that’s later sold to, to Warren Buffet and, and Berkshire Hathaway’s, but you’re operating as his chief of staff. So I had a job.

Hedge Funds 98

Hedge Funds Venture Capital Startups Capital 98

The Motley Fool

NOVEMBER 8, 2024

Before we go into details about the quarter, I want to provide some context on what we have accomplished as a public company and how we are looking toward the future. Prior to this new initiative, Banner has already seen a 38% reduction in bad debt expense as a percentage of net revenue since going live with Flywire solution.

Education 130

Education Banks Shareholders Capital 130

Axial

MAY 4, 2023

.” Industries: Heath Care, Life Sciences Visit VERTESS’ Profile “SDR Ventures is a Denver-based investment banking firm serving private business owners in the lower middle market, including companies with values up to $300 million. We work closely with our client’s financial and legal advisors.

Investment Banks 52

Investment Banks Investment Banking Banks Mergers and Acquisitions 52

The Big Picture

JANUARY 9, 2024

Barry Ritholtz : 00:06:24 So how do you, how do you shift from m and a legal work to structuring derivatives at Goldman? But a component of it was also like thinking through all these like legal and regulatory and quasi legal regimes. You know, it was all this like structuring and like tax and legal and accounting stuff.

Mergers and Acquisitions 52

Mergers and Acquisitions Law Firms Hedge Funds Finance 52