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IBI Group Announces Extension of Credit Facilities

TORONTO, September 27, 2018  – IBI Group Inc. (the “Company”) (TSX:IBG) is pleased to announce that the Company has entered into amended and restated credit facilities with its existing banking syndicate. The amendment and restatement extends the maturity date from June 30, 2021 to September 26, 2022. The amended and restated credit facilities consist of...

Date

September 27, 2018

IBI Group Inc. Announces Redemption of 7.0% Convertible Unsecured Subordinated Debentures, Series 2 Due June 30, 2019 and Having a Conversion Price of $19.17 Per Common Share

TORONTO, August 20, 2018 – IBI Group Inc. (“IBI” or the “Company“) (TSX: IBG) today announced that the Company has sent a notice to CIBC Mellon Trust Company, as trustee under the trust indenture dated as of September 30, 2009 between the Company and CIBC Mellon Trust Company, that IBI will redeem the entire aggregate...

Date

August 21, 2018

IBI Group Inc. Announces Second Quarter 2018 Financial Results

Net revenue growth in Canada was 13.8% over the comparable quarter in 2017. EBITDA for the quarter was 9.8% of revenue. Revenue for the quarter is in line with same quarter results of 2017 at $93.1 million. The technology pivot advanced on a number of fronts, including the launch of the Smart City Sandbox, InForm...

Date

August 9, 2018

IBI Group Inc. Second Quarter Earnings Release Scheduled for August 9, 2018

TORONTO, ON – July 19, 2018 – IBI Group Inc. (“IBI Group” or the “Company”) (TSX: IBG) will announce its second quarter financial results for the three months ended June 30, 2018 after markets close on Thursday, August 9, 2018. Following the release, the Company will host a conference call on Friday, August 10, 2018...

Date

July 19, 2018

IBI Group Announces Acquisition of GreenOwl Mobile

TORONTO, ON (May 18, 2018) – IBI Group (TSX:IBG), a global design and technology firm, announced today that it has completed the asset purchase of Ontario-based GreenOwl Mobile, including all intellectual property. The GreenOwl technical team will also be joining IBI Group as part of the acquisition. Founded in 2010, GreenOwl Mobile is a leader...

Date

May 18, 2018

IBI Group Inc. Announces Results of the Annual Meeting of Shareholders

TORONTO, ON – May 11, 2018 – IBI Group Inc. (“IBI Group” or the “Company”) (TSX:IBG) is pleased to announce the detailed voting results for the 2018 Annual Meeting (“Meeting”) of Shareholders held on May 10, 2018 in Toronto ON. The following seven nominees were elected as Directors of the Company to serve until the...

Date

May 11, 2018

IBI Group Inc. Announces First Quarter 2018 Financial Results

IBI Group Inc. used surplus cash to reduce the debt by $2.1 million. First quarter cash flows provided by operating activities increased by 52.17% to $3.5 million compared to the same period in 2017. Management forecasting $361 million of total net revenue in 2018. Toronto, ON /May 9, 2018/ – IBI Group Inc. (the “Company”)...

Date

May 9, 2018

IBI Group Inc. Invites Shareholders to its Annual Meeting and Announces First Quarter Earnings Release Date

TORONTO, ON – April 23, 2018 – IBI Group Inc. (“IBI Group” or the “Company”) (TSX:IBG) invites shareholders to its Annual Meeting (“Meeting”) taking place at the Company’s headquarters at 55 St. Clair Avenue West, Toronto, ON, M4V 2Y7 on Thursday May 10, 2018 at 10:00 a.m. ET. The Company asks that all shareholders who...

Date

April 23, 2018

IBI Group Inc. Announces Fourth Quarter and Year End 2017 Financial Results

Revenue increased 2.1% to $361.4 million for the year ended December 31, 2017. Adjusted EBITDA as a percentage of revenue increased to 11.2% or $40.6 million for the year ended December 31, 2017. Forecasting $366 million of total revenue in 2018. Interest on credit facilities and convertible debentures decreased 25% or $2.2 million for the...

Date

March 8, 2018

IBI Group Inc. Announces Third Quarter 2017 Financial Results

Third quarter revenue increased by 1.8% to $89.8 million over the same period in 2016. Adjusted EBITDA increased to $11.1 million in the third quarter, an 8.8% increase compared to the third quarter of 2016. Adjusted EBITDA was 12.3% of revenue. Days sales outstanding decreased by 2 days compared to the same period in 2016....

Date

November 9, 2017