07:05 AM EDT, 03/28/2025 (MT Newswires) -- Aimia ( AIMFF ) on Friday reported a narrower fourth-quarter net loss as revenue increased.

Th net loss came in at $41.2 million, or $0.48 per share, compared with a loss of $59 million, or $0.69 per share. Revenue rose to $127.2 million from $100.1 million.

Adjusted EBITDA swung to $17.3 million from a loss of $1.1 million.

Aimia ( AIMFF ) expects 2025 adjusted EBITDA at its two global businesses, Bozzetto and Cortland, on a combined basis at $88 million to $95 million, compared with $80.4 million in 2024. Bozzetto is a sustainable specialty chemicals company and Cortland International is a rope and netting solutions company.

The company also named Rhys Summerton as executive chairman following the retirement of Tom Finke.