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  • Hyperlocal Everywhere - LocalCon 2016 | YP Corporate Live

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  • Yellow Pages Limited Reports Second Quarter 2025 Financial and Operating Results and Declares a Cash Dividend | YP Corporate Live

    Press Releases Back to News Back to News Montreal (Quebec), August 6, 2025 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter and six-months ended June 30, 2025. “We are pleased with our second quarter results, which reflect our continuing progress toward revenue stability, and a strong cash balance,” said Sherilyn King, President and CEO of Yellow Pages Limited. King commented on the key developments: Progress toward revenue stability. “For the sixth consecutive quarter, we report a favorable ‘bending of the revenue curve’ in Q2, as our rate of change in revenue was better than the change reported for the previous quarter.” Progress on revenue initiatives. “We are encouraged by the continued momentum in the core metrics driving our revenue performance. These include the continued deceleration of the customer count decline rate, supported by new customer acquisitions, stable renewal rates and strong average spend per customer. We believe these fundamentals position us well for continued success in the medium and long term.” Good quarterly earnings. “Our Adjusted EBITDA 2 for the quarter was 20.7% of revenue, even with our continued investments in revenue initiatives.” Strong cash balance. “Our cash on hand at the end of July stood at approximately $49 million.” Group annuity contracts purchase. “As previously announced, on May 21, 2025, the Company completed the purchase of group annuity contracts for $210 million from BMO Life Assurance Company. This transaction aligns with the plan to derisk the Defined Benefit Pension Plan as we annuitized approximately 50% of the pension liability.” Pension plan contribution. “Also announced on May 21, 2025, the Company intends to voluntarily contribute an additional $4.0 million to the remaining defined benefit pension plan by the end of June 2026, subject to review by its Board of Directors. On August 5, 2025, our Board approved that $2.0 million of the announced voluntary cash contributions be completed by the end of 2025.” Quarterly dividend declared. “Our Board has once again declared a dividend of $0.25 per common share, to be paid on September 15, 2025 to shareholders of record as of August 25, 2025.” (1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. (2) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS ® Accounting Standards. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. Second Quarter of 2025 Results Total Revenues decreased 7.4% year-over-year and amounted to $51.7 million for the three-month period ended June 30, 2025, an improvement from the decrease of 7.6% reported last quarter. Adjusted EBITDA less CAPEX 1 totalled $10.4 million and the EBITDA less CAPEX margin 1 was 20.1%. Net income amounted to $1.5 million, or to $0.11 diluted income per share. Financial Results for the Second Quarter of 2025 Total revenues for the second quarter ended June 30, 2025 decreased by 7.4% year-over-year and amounted to $51.7 million as compared to $55.8 million for the same period last year. The decrease in revenues is mainly due to the decline of our higher margin digital media and print products and to a lesser extent to our lower margin digital services products, thereby creating pressure on our gross profit margins. Total digital revenues decreased 6.4% year-over-year and amounted to $41.0 million for the three-month period ended June 30, 2025 compared to $43.8 million for the same period last year. The revenue decline is mainly attributable to a decrease in digital customer count, partially offset by an increase in the average spend per customer. Total print revenues decreased 11.2% year-over-year and amounted to $10.7 million for the three-month period ended June 30, 2025. The revenue decline is mainly due to the decrease in the number of print customers while the spend per customer has improved year-over-year driven by price increases. The decline rate for total revenues, digital revenues and print revenues all improved year-over-year. The improvement of the revenue decline rates was mainly due to the deceleration of the customer count decline rate, fueled by an increase in new customer acquisitions, while renewal rates remained relatively stable and an increase in average spend per customer, due in part to price increases. Adjusted EBITDA 1 decreased to $10.7 million or 20.7% of revenues in the second quarter ended June 30, 2025, relative to $14.8 million or 26.5% of revenues for the same period last year. The decrease in Adjusted EBITDA and Adjusted EBITDA margin 1 for the three-month period ended June 30, 2025 is the result of revenue pressures, the ongoing investments in our tele-sales force capacity, and the impact of the Company’s share price on cash settled stock-based compensation expense, partially offset by optimization in cost of sales, reductions in other operating costs including reductions in our workforce and associated employee expenses. The revaluation of cash settled stock-based compensation liabilities resulted in an expense of $0.6 million for the three-month period ended June 30, 2025 compared to a recovery of $1.2 million for the same period last year. Revenue pressures from product mix and investments in our tele-sales force capacity, partially offset by continued optimization and cost reductions, will continue to cause pressure on margins in upcoming quarters. Adjusted EBITDA less CAPEX decreased by $3.7 million to $10.4 million during the second quarter of 2025, compared to $14.1 million during the same period last year. The decrease in Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin for the three-month period ended June 30, 2025 is driven by the decrease in Adjusted EBITDA, partially offset by a decrease in CAPEX spend year-over-year. Net income for the three-month period ended June 30, 2025 amounted to $1.5 million as compared to net income of $7.6 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA, the increase in restructuring and other charges and the settlement loss on annuity purchase, partially offset by the decrease in depreciation and amortization and income taxes. Cash flows from operating activities decreased by $1.6 million to $12.1 million for the three-month period ended June 30, 2025 from $13.7 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA of $4.1 million, partially offset by a decrease in funding of post-employment benefit plans of $1.5 million and $1.2 million increase in change in operating assets and liabilities. The change in operating assets and liabilities is mainly due to the timing in the collection of trade receivables and the payment of trade receivables. (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX, Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS Accounting Standards. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. Conference Call & Webcast Yellow Pages Limited will hold an analyst and media call and simultaneous webcast at 8:30 a.m. (Eastern Time) on August 6, 2025 to discuss second quarter 2025 results. The call may be accessed by dialing 416-695-6725 within the Toronto area, or 1-866-696-5910 outside of Toronto, Passcode 2549631#. Please be prepared to join the conference at least 5 minutes prior to the conference start time. The call will be simultaneously webcast on the Company’s website at: https://corporate.yp.ca/en/investors/financial-reports . The conference call will be archived in the Investors section of the site at: https://corporate.yp.ca/en/investors/financial-events-presentations . About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411 and 411.ca . The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca . Caution Concerning Forward-Looking Statements This press release contains forward-looking statements about the objectives, strategies, financial conditions and results of operations and businesses of YP (including, without limitation, payment of a cash dividend per share per quarter to its common shareholders). These statements are forward-looking as they are based on our current expectations, as at August 5, 2025, about our business and the markets we operate in, and on various estimates and assumptions. Our actual results could materially differ from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, there is no assurance that any forward-looking statements will materialize. Risks that could cause our results to differ materially from our current expectations are discussed in section 5 of our August 5, 2025 Management’s Discussion and Analysis. We disclaim any intention or obligation to update any forward-looking statements, except as required by law, even if new information becomes available, as a result of future events or for any other reason. Contact: Investors & Media Phil Samman Director, Legal Affairs investors@yp.ca communications@yp.ca Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA margin In order to provide a better understanding of the results, the Company uses the terms Adjusted EBITDA and Adjusted EBITDA margin. Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA margin is defined as the percentage of Adjusted EBITDA to revenues. Adjusted EBITDA and Adjusted EBITDA margin are not performance measures defined under IFRS Accounting Standards and are not considered an alternative to income from operations or net income in the context of measuring Yellow Pages performance. Adjusted EBITDA and Adjusted EBITDA margin do not have a standardized meaning under IFRS Accounting Standards and are therefore not likely to be comparable to similar measures used by other publicly traded companies. Adjusted EBITDA and Adjusted EBITDA margin should not be used as exclusive measures of cash flow since they do not account for the impact of working capital changes, income taxes, interest payments, pension funding, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed on page 11 of our August 5, 2025 MD&A. Management uses Adjusted EBITDA and Adjusted EBITDA margin to evaluate the performance of its business as it reflects its ongoing profitability. Management believes that certain investors and analysts use Adjusted EBITDA and Adjusted EBITDA margin to measure a company’s ability to service debt and to meet other payment obligations or as common measurement to value companies in the media and marketing solutions industry as well as to evaluate the performance of a business. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin The Company also uses Adjusted EBITDA less CAPEX, which is defined as Adjusted EBITDA, as defined above, less CAPEX which we define as additions to intangible assets and additions to property and equipment as reported in the Investing Activities section of the Company’s consolidated statements of cash flows. Adjusted EBITDA less CAPEX margin is defined as the percentage of Adjusted EBITDA less CAPEX to revenues. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS Accounting Standards. Therefore, are unlikely to be comparable to similar measures presented by other publicly traded companies. We use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of our business as it reflects cash generated from business activities. We believe that certain investors and analysts use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of businesses in our industry. The most comparable financial measure under IFRS Accounting Standards to Adjusted EBITDA less CAPEX is Income from operations before depreciation and amortization and restructuring and other charges (defined above as Adjusted EBITDA) as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Refer to table below for reconciliation of Adjusted EBITDA less CAPEX. Yellow Pages Limited Reports Second Quarter 2025 Financial and Operating Results and Declares a Cash Dividend Back to News Print Print

  • David A. Eckert to Continue as CEO of Yellow Pages Limited to mid-2025 | YP Corporate Live

    Press Releases Back to News Back to News Montreal (Quebec), September 15, 2022 —Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, announced today an agreement to extend the tenure of its President and CEO, David A. Eckert, to mid-2025. The Company’s Board of Directors approved the arrangement at a meeting today. “We are delighted that David will be continuing to lead the Company as we move to complete our turnaround,” said Susan Kudzman, Chair of the Board of Yellow Pages Limited. Eckert said, “I am pleased to be able to continue as part of our terrific team as we complete the steady turnaround of the business.” He continued, “We now have strong profitability, have repaid all our debt, carry a healthy cash balance, and are approaching stability of revenue. I am grateful to our entire team, our board, our shareholders, our retirees, our employees, and our customers for their continued support.” About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411 and 411.ca . The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca . Contacts: Investors Franco Sciannamblo Senior Vice-President and Chief Financial Officer investors@yp.ca Media Treena Cooper Senior Vice President, Secretary and General Counsel communications@yp.ca David A. Eckert to Continue as CEO of Yellow Pages Limited to mid-2025 Back to News Print Print

  • John Melo | YP Corporate Live

    Vice President of Face-to-Face Sales  John Melo Back John Melo Vice-President of Face-to-Face Sales John Melo is the Vice President of Face-to-Face Sales at Yellow Pages Limited, effective August 11, 2025. With over 24 years of experience at the company, including 17 years in leadership roles, John has been a driving force in Yellow Pages’ transformation journey. His strategic leadership within the sales organization has consistently delivered strong results and contributed to the company’s evolution. John began his career at Yellow Pages in 2001 as a Media Account Consultant, steadily advancing through roles such as, Performance Marketing Advisor, Senior Sales Manager, and most recently, Sales Director with national responsibilities for the past decade. His career is marked by a commitment to innovation and excellence, having played a key role in the planning and execution of new product and service launches across the organization. John’s deep understanding of sales strategy, team development, and operational execution continues to shape the future of Yellow Pages’ face-to-face sales initiatives.

  • John Melo | YP Corporate Live

    Vice-présidente, Ventes en Personne John Melo Retour John Melo Vice-présidente, Ventes en Personne John Melo est vice-président, Ventes en personne chez Pages Jaunes Limitée, depuis le 11 août 2025. Fort de plus de 24 années d’expérience au sein de l’entreprise, dont 17 dans des postes de leadership, John a été un acteur clé de la transformation de Pages Jaunes. Son leadership stratégique au sein de l’organisation des ventes a constamment généré d’excellents résultats et contribué à l’évolution de l’entreprise. Il a amorcé sa carrière chez Pages Jaunes en 2001 à titre de conseiller en comptes médias, gravissant progressivement les échelons vers des postes tels que conseiller en marketing de performance, directeur principal des ventes et, plus récemment, directeur des ventes avec des responsabilités nationales au cours de la dernière décennie. Sa carrière se distingue par un engagement constant envers l’innovation et l’excellence, ayant joué un rôle déterminant dans la planification et le lancement de nouveaux produits et services à l’échelle de l’organisation. La compréhension approfondie que John possède de la stratégie de vente, du développement des équipes et de l’exécution opérationnelle continue de façonner l’avenir des initiatives de ventes en personne de Pages Jaunes.

  • Q4 2021 Financial and Operational Results | YP Corporate Live

    Back to News 10 février 2022 Résultats financiers et opérationnels du 4e trimestre de 2021 Ajouter à mon agenda Rapport de gestion (298,3 Kio) États financiers (371,4 Kio) Renseignements supplémentaires (3,8 Mio) Webdiffusion de la conférence téléphonique (en anglais) Retour aux événements Événements

  • Press Release | YP Corporate Live

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  • Q2 2021 Financial and Operational Results | YP Corporate Live

    Back to News 5 août 2021 Résultats financiers et opérationnels du 2e trimestre de 2021 Ajouter à mon agenda Rapport de gestion (237,1 Kio) États financiers (186,2 Kio) Renseignements supplémentaires (3,9 Mio) Webdiffusion de la conférence téléphonique (en anglais) Retour aux événements Événements

  • Press Releases (List) | YP Corporate Live

    Yellow Pages Limited Reports Fourth Quarter and Full Year 2025 Financial and Operating Results and Declares a Cash Dividend(1) Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. February 12, 2026 at 11:47:15 AM Montreal (Quebec), February 12, 2026 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, Released its operating and financial results today for the quarter and year ended December 31, 2025. Yellow Pages Announces Winner of its 2026 National Directory Cover Competition Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. January 15, 2026 at 2:00:20 PM Montreal (Quebec), January 15, 2026 — Yellow Pages Limited (TSX: Y) (the “Company” or “Yellow Pages”), a leading Canadian digital media and marketing company, is pleased to announce Keri Sobkowich from Manitoba as the winner of its 2026 National Directory Cover Competition. Yellow Pages Limited Reports Third Quarter 2025 Financial and Operating Results and Declares a Cash Dividend(1) Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. October 6, 2025 at 12:49:17 PM Montreal (Quebec), November 13, 2025 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter and nine-months ended September 30, 2025. Yellow Pages Launches $10,000 Digital Marketing Transformation Contest in Honour of Small Business Month Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. October 6, 2025 at 12:23:52 PM Montreal (Quebec), October 6, 2025 — Yellow Pages Limited (TSX: Y) (the “Company” or “Yellow Pages”), a leading Canadian digital media and marketing company, today announced the launch of The Digital Marketing Transformation Contest in celebration of Small Business Month in Canada. This national initiative shines a spotlight on the impact of small businesses across the country. One entrepreneur will be awarded a prize package valued at $10,000, including expert marketing support, digital tools, and paid advertising. This one-year package will help the winning business achieve lasting results by driving growth and amplifying its online visibility. Yellow Pages Limited Reports Second Quarter 2025 Financial and Operating Results and Declares a Cash Dividend Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. May 13, 2025 at 11:19:36 PM Montreal (Quebec), August 6, 2025 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter and six-months ended June 30, 2025. Yellow Pages Canada Confirms Leadership Transition to Sherilyn King as President and CEO Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. May 13, 2025 at 11:19:25 PM Montreal (Quebec), July 16, 2025 — Yellow Pages Limited (TSX: Y) (the “Company” or “YP”), a leading Canadian digital media and marketing company, announced today that Sherilyn King has officially stepped into the role of President and Chief Executive Officer, succeeding David A. Eckert, who retired on July 15, 2025. Yellow Pages Limited Purchases Group Annuity Contracts De-Risking Its Defined Benefit Pension Plan Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. May 13, 2025 at 11:04:55 PM Montreal (Quebec), May 21, 2025 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, today announced the purchase of group annuity contracts from BMO Life Assurance Company (“BMO Insurance”) that will facilitate the transfer of approximately $210 million of its defined benefit pension plan (the “Pension Plan”) obligations, and related assets for certain retirees and beneficiaries. Yellow Pages Limited Reports on Voting Results at its Annual General Meeting of Shareholders Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. May 13, 2025 at 10:59:28 PM Montreal (Quebec), May 14, 2025 — Yellow Pages Limited (TSX: Y) (the “Corporation”) announced the results of its Annual General Meeting of Shareholders (“AGM”) held virtually today. The Corporation is pleased to announce that all resolutions presented at the AGM were duly passed. Yellow Pages Limited Reports First Quarter 2025 Financial and Operating Results and Declares a Cash Dividend Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. July 22, 2024 at 10:45:48 AM Montreal (Quebec), May 14, 2025 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter ended March 31, 2025. David A. Eckert to Retire July 15, 2025; Board Names Sherilyn King as Successor Add paragraph text. Click “Edit Text” to customize this theme across your site. You can update and reuse text themes. March 7, 2025 at 1:25:06 AM Montreal (Quebec), March 6, 2025 — David A. Eckert, Chief Executive Officer of Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, to retire July 15, 2025; Board names Sherilyn King as Successor Older Newer No Entry Found All Categories Filter Press Releases

  • Release of Q2 2017 Financial and Operational Results | YP Corporate Live

    Back to News 10 août 2017 Résultats financiers et opérationnels du 2e trimestre de 2017 Ajouter à mon agenda Rapport de gestion (162,4 Kio) États financiers (87,5 Kio) Complément d'information (en anglais) (5,6 Mio) Webdiffusion de la conférence téléphonique (en anglais) Retour aux événements Événements

  • Q4 2025 Financial and Operational Results | YP Corporate Live

    Back to News 12 février 2026 Résultats financiers et opérationnels du 4e trimestre de 2025 Ajouter à mon agenda Pages Jaunes Limitée tiendra une conférence téléphonique et une webdiffusion simultanée à l’intention des analystes et des médias à 8 h 30 (heure de l’est) le 12 février 2026 pour commenter les résultats du quatrième trimestre de 2025. Assister à cette conférence par téléphone : Cliquez sur le lien Rejoindre par téléphone et complétez le formulaire d’enregistrement en ligne. Suite à l’enregistrement vous allez recevoir les informations de connexion par téléphone et un numéro unique pour rejoindre l’appel ainsi qu’un courriel de confirmation avec les détails. Sélectionnez une méthode pour rejoindre l’appel: Connexion: Un numéro de téléphone et un code unique sont affichés afin de vous connecter directement à partir de votre appareil. Rappelle-moi : Entrez votre numéro de téléphone et cliquez «Rappelez-moi» pour un rappel immédiat du système. L’appel vient d’un numéro de téléphone des États Unis. Se joindre par diffusion web : Webdiffusion de la conférence téléphonique (en anglais) Prière de vous joindre à la conférence au moins 5 minutes à l’avance. Rapport de gestion États Financiers Renseignements supplémentaires Retour aux événements Événements

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