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Supremex Inc. (T:SXP)

Business Focus: Paper Products (NEC)

Sector:  Basic Materials Industry:  Paper Products
 
Company Contact
Address: 7213 Cordner St
LASALLE QC H8N 2J7
Tel: N/A
Website: https://www.supremex.com
IR: See website
Key People
Stewart J. Emerson
President, Chief Executive Officer, Director
Francois Bolduc
Chief Financial Officer, Company Secretary
Joe Baglione
President - Envelope
Simon Provencher
President - Packaging
Murray Rundle
Vice President, Marketing and Innovation
 
Business Overview
Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solution providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. The Company also manufactures and distributes a diverse range of paper-based packaging solutions and specialty products, including folding carton packaging, e-commerce solutions, and labels. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 11 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.
Financial Overview
For the fiscal year ended 31 December 2023, Supremex Inc revenues increased 11% to C$302.2M. Net income decreased 39% to C$17.3M. Revenues reflect Packaging and Specialty segment increase of 23% to C$88.6M, Envelopes segment increase of 7% to C$213.6M, Canada segment increase of 12% to C$174M, United States segment increase of 9% to C$128.2M. Net income was offset by Selling, general expe increase of 11% to C$38.9M (expense).
Employees: 1,050 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $184.88M as of Dec 31, 2023
Annual revenue (TTM): $302.19M as of Dec 31, 2023
EBITDA (TTM): $47.41M as of Dec 31, 2023
Net annual income (TTM): $17.33M as of Dec 31, 2023
Free cash flow (TTM): $34.01M as of Dec 31, 2023
Net Debt Last Fiscal Year: $88.18M as of Dec 31, 2023
Shares outstanding: 25,347,669 as of Apr 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization