08:20 AM EDT, 08/07/2025 (MT Newswires) -- Supremex ( SUMXF ) , which produces envelopes and provides paper-based packaging solutions, said Thursday that its adjusted earnings sank in the second quarter.

The company reported adjusted net earnings of $75,000, or $0.00 per share, dropping from $2.1 million, or $0.08 per share. Revenue fell to $66.0 million from $69.3 million.

Supremex ( SUMXF ) swung to a net loss of $309,000, or a loss of $0.01 per share, from a profit of $2.0 million, or $0.08 per share. Adjusted EBITDA dropped to $5.8 million from $9.0 million.

The company declared a special dividend of $0.50 per share, payable Sept. 25 to shareholders of record on Sept. 10.

Supremex ( SUMXF ) also renewed its normal course issuer bid, aiming to purchase for cancellation up to 1.5 million common shares or 10% of its public float from Monday to Aug. 10, 2026.

The company also announced the acquisitions of Enveloppe Laurentide, a provider of envelope in eastern Canada, and Trans-Graphique, a provider of folding carton packaging solutions.

Additionally, Supremex ( SUMXF ) closed a sale-leaseback transaction for its properties in LaSalle, Quebec and Etobicoke, Ontario, for $53 million in gross proceeds.