Aimia Q2 2022 Earnings Report

Aimia Inc. reported Q2 2022 financial results with a consolidated net loss of $35.2 million, primarily due to a $24.0 million unrealized loss on its investment portfolio as equity values declined. The company closed the PLM transaction on July 15, 2022, receiving $537 million in net cash proceeds and is positioned to pursue acquisition opportunities with no debt and approximately $750 million in capital and operating losses.