LandBridge Company LLC reported robust first quarter 2025 results, with revenues increasing 131% year-over-year to $44.0 million and net income reaching $15.5 million. Adjusted EBITDA also saw a substantial rise of 129% year-over-year to $38.8 million, demonstrating strong profitability and operational efficiency.
LandBridge Company LLC reported a strong fourth quarter in 2024, with revenues increasing by 109% year-over-year to $36.5 million and Adjusted EBITDA up 108% to $31.7 million. The company also reaffirmed its FY25 EBITDA outlook of $170 million to $190 million.
LandBridge Company LLC reported a strong third quarter in 2024, marked by a 60% year-over-year increase in revenue, reaching $28.5 million. The company also declared an initial quarterly cash dividend of $0.10 per share and initiated its FY24 and FY25 outlook. Adjusted EBITDA stood at $25.0 million, up 62% year-over-year, with a margin of 88%.
Laurentian Bank of Canada reported a net loss of $117.5 million for the second quarter of 2024, a significant decline from a net income of $49.3 million in the same period last year. This loss was largely driven by $196.8 million in impairment and restructuring charges related to the restructuring of the Bank's operations and the impairment of the Personal and Commercial Banking segment. Adjusted net income, excluding these charges, was $40.5 million.