Conifex Timber Inc (OTCPK:CFXTF)
$ 0.33 0 (0%) Market Cap: 11.05 Mil Enterprise Value: 57.29 Mil PE Ratio: 0 PB Ratio: 0.16 GF Score: 35/100
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Q2 2023 Conifex Timber Inc Earnings Call Transcript

Aug 09, 2023 / 09:00PM GMT
Release Date Price: $0.874
Operator

Good afternoon, ladies and gentlemen. Welcome to Conifex Timber, Inc. Q2 2023 Results Call. I would now like to turn the meeting over to Mr. Ken Shields. Please go ahead.

Kenneth A. Shields
Conifex Timber Inc. - Chairman & CEO

Well, thank you, Patrick, and good afternoon, everyone, and welcome to this call covering our second quarter 2023 results. I'm joined today by Conifex's Chief Financial Officer, Trevor Pruden and by our President; and Chief Operating Officer, Andrew McLellan. We'll be hearing from both of them after some brief opening remarks from me, but let's quickly deal with a housekeeping item.

We will be making forward-looking statements and references to non-IFRS measures and therefore call your attention to the warning statement set out on Pages 1 and 2 of the MD&A report dated August 9, that we released earlier.

Turning to our results. In the second quarter, we reported negative EBITDA of $8.7 million, which worked out to a net loss of $9.2 million or $0.23 per Conifex share. This loss lowered our book value per share

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