| Supplementary Information: | ||||||||||||||||
| Reconciliation of EBITDA, Adjusted EBITDA and Adjusted EBITDA Percentage | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three months ended | Twelve months ended | |||||||||||||||
| (Expressed in thousands of U.S. dollars) | January 3, 2021 | December 29, 2019 | January 3, 2021 | December 29, 2019 | ||||||||||||
| Net income (loss) | $ | (3,554 | ) | $ | 996 | $ | (581 | ) | $ | (5,995 | ) | |||||
| Add (deduct): | ||||||||||||||||
| Depreciation of property, plant and equipment | 1,401 | 1,646 | 6,168 | 6,548 | ||||||||||||
| Amortization of Intangible assets | 328 | 1,656 | 3,046 | 7,188 | ||||||||||||
| Interest | 2,028 | 2,213 | 8,049 | 10,562 | ||||||||||||
| Income tax expense | 369 | 182 | 1,226 | 788 | ||||||||||||
| EBITDA | $ | 572 | $ | 6,693 | $ | 17,908 | $ | 19,091 | ||||||||
| Add (deduct): | ||||||||||||||||
| Restructuring charges (recovery) | 3,600 | (669 | ) | 4,125 | 7,955 | |||||||||||
| Stock compensation expense | 286 | 237 | 761 | 775 | ||||||||||||
| Fair value adjustment of warrant liability | 837 | 640 | 852 | (279 | ) | |||||||||||
| Fair value adjustment of contingent consideration | - | - | - | (3,050 | ) | |||||||||||
| Merger and acquisitions related expenses | 1,340 | 54 | 1,340 | 286 | ||||||||||||
| COVID-19 related expenses | 924 | - | 3,457 | - | ||||||||||||
| Unrealized foreign exchange gain | ||||||||||||||||
| on unsettled forward exchange contracts | (335 | ) | - | (1,055 | ) | - | ||||||||||
| Adjusted EBITDA | $ | 7,224 | $ | 6,955 | $ | 27,388 | $ | 24,778 | ||||||||
| Adjusted EBITDA Percentage | 7.1 | % | 7.7 | % | 7.1 | % | 6.7 | % | ||||||||
SMTC Corporation Announces Fourth Quarter and Full Year 2020 Financial Results
 |  | More EDA News
|
|
RELATED NEWS
