|
Three Months ended June 30, |
Six Months ended June 30, | ||||||
|
|
2016 |
|
2015 |
|
2016 |
|
2015 |
NON-IFRS REVENUE: |
|
|
|
|
|
|
|
|
Revenue per income statement |
$ |
20,973 |
$ |
4,975 |
$ |
33,125 |
$ |
8,233 |
Non-cash revenue |
|
(5,079) |
|
- |
|
(10,413) |
|
- |
NON-IFRS REVENUE |
|
15,894 |
|
4,975 |
$ |
22,712 |
$ |
8,233 |
ADJUSTED EBITDA: |
|
|
|
|
|
|
|
|
Net loss |
$ |
(277) |
$ |
(5,676) |
$ |
(11,377) |
$ |
(5,426) |
Add back (subtract): |
|
|
|
|
|
|
|
|
Depreciation and amortization |
|
6,392 |
|
102 |
|
12,956 |
|
165 |
Net finance costs |
|
580 |
|
59 |
|
1,101 |
|
129 |
Income tax recovery |
|
(1,210) |
|
- |
|
(2,656) |
|
- |
EBITDA |
|
5,485 |
|
(5,515) |
|
24 |
|
(5,132) |
Non-cash revenue |
|
(5,079) |
|
- |
|
(10,413) |
|
- |
Non-cash operating costs |
|
3,811 |
|
- |
|
7,877 |
|
- |
Share-based payments expense |
|
565 |
|
647 |
|
1,123 |
|
1,351 |
Deimos acquisition costs |
|
- |
|
3,030 |
|
- |
|
3,030 |
Foreign exchange losses (gains) |
|
210 |
|
34 |
|
402 |
|
(169) |
ADJUSTED EBITDA |
$ |
4,992 |
$ |
(1,804) |
$ |
(987) |
$ |
(920) |