Canadian Satellite Radio (T.XSR) hit a new 52-week high of $4.85 Thursday. Canadian Satellite Radio Holdings Inc., parent of Sirius XM Canada Inc., today released audited financial results for the year ended August 31, 2012 (FY2012) and unaudited financial results for the quarter ended August 31, 2012.
FY2012 Annual Financial Highlights
• Adjusted EBITDA increased 75.6% to $46.6 million from $26.5 million in 2011
• Self-Paying Subscribers increased 13.8% to 1.6 million from 1.4 million at August 31, 2011
• Revenue grew 8.9% to $259.6 million from $238.4 million for 2011
Q4 FY2012 Financial Highlights
• Adjusted EBITDA increased 10.5% to $12.2 million from $11.1 million in Q4 2011
• Revenue grew 11.5% to $68.1 million from $61.1 million in Q4 2011
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