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 Ratings3.4

Latest Updates

Employees (est.) (Aug 2020)2,063(-21%)
Revenue (FY, 2020)C$508.4 M(-17%)
Share Price (May 2022)C$1.5
Cybersecurity ratingBMore
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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
Doug Lamb

Doug Lamb

Postmedia CFO Stepping Down
Paul Godfrey

Paul Godfrey

Chair
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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 (11-May-2022)

156.6m

Closing stock price (11-May-2022)

1.5

Cash (28-Feb-2021)

52.8m

EV

409.5m
Postmedia Network's current market capitalization is C$156.6 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 Circulation, 37.5% from Print Advertising, 21.3% from Digital and 3.7% from Other

Postmedia Network Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Postmedia Network Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

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Postmedia Network Online and Social Media Presence

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Postmedia Network Blogs

Postmedia Reports Second Quarter Results

April 7, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three and six months ended February 28, 2022. Management’s Discussion and Analysis Consolidated Financial Statements “We are in the early stages of a post-pandemic wor…

Postmedia and Covers Launch Content Partnership

March 31, 2022 – Toronto – Leading sports betting information website Covers.com and Postmedia Network Inc (“Postmedia”) today announced a content partnership that combines the expertise of these two Canadian companies to offer enhanced insights for Canada’s growing audience of betting enthusiasts. …

Postmedia Announces Receipt of Shareholder Approval of Extension of Maturity of its Outstanding Notes by Way of Consents

March 29, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today announced that, further to its announcement on February 17, 2022, it has obtained consents from beneficial shareholders (excluding Canso and Chatham, each as defined below) of the Company (“Shareholders”) …

Postmedia Completes Acquisition of Brunswick News Inc.

March 25, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or “the Company”) today announced the closing of the previously announced agreement to purchase all of the issued and outstanding shares of Brunswick News Inc. (“BNI”). The acquisition includes BNI’s daily and weekly newspapers, …

Postmedia to Acquire Brunswick News Inc. and Extend Maturity of its First and Second Lien Notes

February 17, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today announced it has entered into a definitive agreement with J. D. Irving, Limited (“JDI”) to purchase all of the issued and outstanding shares of Brunswick News Inc. (“BNI”). The proposed acquisition incl…

Postmedia Network Announces Election of Directors

February 11, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) is pleased to report that at its annual meeting of shareholders, held in Toronto on February 10, 2022, each of the directors listed as nominees in the management proxy circular dated December 17, 2021 were el…
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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.