@JACruickshank@ManyBeenRinsed@Bullseye_DM@407ETR@deeb_nina Yes, they recognized that they are going to have to make a Schedule 22 Payment for 2025 that is payable in 2026 due to traffic levels not hitting minimum thresholds.
Currently estimated at $35.4M for the first 3 quarters of 2025 with the final Q4 adjustment TBD.
@ManyBeenRinsed@JACruickshank@407ETR They don't disaggregate the exact figure, however, both metrics include promotional driving offers.
With revenue up 19.3% and average revenue per trip up 13.2%, any new incremental promotional rate drivers are being more than offset by the toll hikes they have imposed.
@Malevolent_Man@HMBohemond You can get their financial statements including their latest FY 2025 results here if you are looking for the newest figures or if you wanted to run the margin calculations.
https://t.co/nEKU73vKZP