OverviewSuggest Edit

Postmedia Network is a media conglomerate active in newspaper publishing, news gathering, and Internet operations. It publishes daily and non-daily newspapers and operates digital media and online assets. Additionally, the company delivers digital marketing services and provides website development, search engine optimization, and search engine marketing.

TypePublic
Founded2010
HQToronto, CA
Websitepostmedia.com
Employee Ratings3.1

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2020)2,063(-21%)
Revenue (FY, 2020)C$508.4 M(-17%)
Share Price (Sept 2021)C$2
Cybersecurity ratingBMore

Key People/Management at Postmedia Network

Andrew MacLeod

Andrew MacLeod

President and Chief Executive Officer, Director
Brian Bidulka

Brian Bidulka

EVP & CFO
Mary Anne Lavallee

Mary Anne Lavallee

Executive Vice President and Chief Operating Officer
Gillian Akai

Gillian Akai

Executive Vice President, Chief Administrative Officer and General Counsel
Paul Godfrey

Paul Godfrey

Chair
Peter Sharpe

Peter Sharpe

Lead Director
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Postmedia Network Office Locations

Postmedia Network has an office in Toronto
Toronto, CA (HQ)
365 Bloor St E
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Postmedia Network Financials and Metrics

Postmedia Network Revenue

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Postmedia Network's revenue was reported to be C$508.41 m in FY, 2020 which is a 18% decrease from the previous period.
CAD

Revenue (Q2, 2021)

106.0m

Gross profit (Q2, 2021)

87.4m

Gross profit margin (Q2, 2021), %

82.4%

Net income (Q2, 2021)

717.0k

EBIT (Q2, 2021)

(5.8m)

Market capitalization (8-Sept-2021)

183.8m

Closing stock price (8-Sept-2021)

2.0

Cash (28-Feb-2021)

52.8m

EV

436.7m
Postmedia Network's current market capitalization is C$183.8 m.
Annual
CADFY, 2018FY, 2019FY, 2020

Revenue

676.3m619.6m508.4m

Revenue growth, %

(8%)(18%)

Cost of goods sold

123.2m114.5m86.7m

Gross profit

553.1m505.1m421.7m
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

171.3m145.7m157.1m156.7m134.2m112.4m116.9m106.0m

Cost of goods sold

30.7m27.3m29.1m28.4m24.6m17.1m19.9m18.7m

Gross profit

140.6m118.4m128.0m128.2m109.6m95.3m97.0m87.4m

Gross profit Margin, %

82%81%81%82%82%85%83%82%
Annual
CADFY, 2018FY, 2019FY, 2020

Cash

26.0m15.5m49.8m

Accounts Receivable

68.1m72.2m65.5m

Inventories

6.2m3.6m3.3m

Current Assets

122.4m126.0m160.6m
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

11.8m18.5m13.0m13.5m15.5m35.2m47.8m52.8m

Accounts Receivable

85.6m64.6m68.4m89.0m74.6m75.6m67.5m55.4m

Inventories

5.7m6.1m4.0m3.6m3.4m3.7m3.0m3.1m

Current Assets

134.0m131.5m120.9m146.1m133.4m153.9m145.9m138.2m
Annual
CADFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

38.2m31.2m26.0m

Inventories

(218.0k)1.1m294.0k

Accounts Payable

(1.8m)(22.2m)(5.3m)

Cash From Operating Activities

26.8m8.6m44.8m
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Depreciation and Amortization

9.2m16.8m23.8m7.3m14.2m20.5m5.3m10.6m

Inventories

520.0k82.0k586.0k(28.0k)145.0k(107.0k)239.0k152.0k

Accounts Payable

(4.3m)(17.0m)(19.6m)10.5m(1.4m)28.0k(1.9m)(9.4m)

Cash From Operating Activities

(5.2m)2.4m4.0m2.7m(5.8m)28.1m8.3m16.4m
CADFY, 2018

Revenue/Employee

238.6k

Debt/Equity

-2.9 x

Debt/Assets

0.8 x

Financial Leverage

-3.7 x
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Postmedia Network Acquisitions / Subsidiaries

Company NameDateDeal Size
AmpifiiMarch 02, 2016
Sun MediaOctober 06, 2014c$316 m

Postmedia Network Revenue Breakdown

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Postmedia Network revenue breakdown by business segment: 37.5% from Print Advertising, 37.5% from Print Circulation, 21.3% from Digital and 3.7% from Other

Postmedia Network Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Postmedia Network Online and Social Media Presence

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Postmedia Network Blogs

Postmedia Reports Third Quarter Results

July 8, 2021 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three and nine months ended May 31, 2021. Management’s Discussion and Analysis Consolidated Financial Statements “As we emerge from the pandemic, we are cautiously opti…

Postmedia CFO Brian Bidulka Stepping Down

June 16, 2021 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today announced that its Chief Financial Officer, Brian Bidulka, will be stepping down from the role effective August 31, 2021 and will continue in an advisory capacity until early 2022 to assist in the transitio…

Postmedia and Wise Publishing Announce Investment, Strategic Partnership

May 25, 2021 (Toronto) – Postmedia Network Inc. (“Postmedia”) and Wise Publishing, Inc, (“Wise Publishing”) today announced that Postmedia has made a strategic equity investment for a minority position in Wise Publishing. The two companies will partner on various initiatives, such as providing Postm…

Introducing Postmedia Parcel Services

May 20, 2021 (Toronto) – Postmedia Network Inc. (“Postmedia”) today announced that it is building a national distribution network for small parcel delivery. Postmedia Parcel Services, a new division of Postmedia, will leverage its extensive distribution network to expand its offerings to include tru…

Postmedia Network Frequently Asked Questions

  • When was Postmedia Network founded?

    Postmedia Network was founded in 2010.

  • Who are Postmedia Network key executives?

    Postmedia Network's key executives are Andrew MacLeod, Brian Bidulka and Mary Anne Lavallee.

  • How many employees does Postmedia Network have?

    Postmedia Network has 2,063 employees.

  • What is Postmedia Network revenue?

    Latest Postmedia Network annual revenue is C$508.4 m.

  • What is Postmedia Network revenue per employee?

    Latest Postmedia Network revenue per employee is C$246.4 k.

  • Who are Postmedia Network competitors?

    Competitors of Postmedia Network include Metroland, Torstar and The Globe and Mail.

  • Where is Postmedia Network headquarters?

    Postmedia Network headquarters is located at 365 Bloor St E, Toronto.

  • Where are Postmedia Network offices?

    Postmedia Network has an office in Toronto.

  • How many offices does Postmedia Network have?

    Postmedia Network has 1 office.