Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
DR.TO - Medical Facilities Corp
Q1 2025 Medical Facilities Corp Earnings Call
May 08, 2025 / 12:30PM GMT
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Presentation
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In the first quarter of this year, we had facility service revenue of $81.7 million which was essentially on par with the prior year. And EBITA of $17.3 million which represented an increase of 0.7%. It's also worth noting that even with one less surgical day, our surgical cases were up 2.2% in a quarter.
In keeping with our strategic focus on returning capital to shareholders, it should be no surprise that the highlight of the quarter was a successful return of $42.3 million of the proceeds from the sale Black Hill Surgical Hospital to shareholders through our substantial issuer bid.
Under the SIB, we purchased and canceled just under 3.4 million common shares, which represented approximately 14.7% of the
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