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Decisive Dividend Corporation Decisive Dividend Corporation Reports Financial Results for the Three and Six Months Ended June 30 , 2021 and Announces Monthly Dividend Increase August 12 , 2021 - Kelowna , British Columbia : Decisive Dividend Corporation ( TSX - V : DE ) ( the " Company " or " Decisive " ) today reported its financial results for the three and six months ended June 30 , 2021 . Along with the release of its earnings , the Company is pleased to announce an increase in its monthly dividend to $ 0.025 per share . The increased monthly dividend represents annualized dividends of $ 0.30 per share , up from the previous level set at $ 0.24 per share on an annualized basis . Highlights of the Company's financial performance in Q2 2021 include the following : • • • • Consolidated sales increased 60 % to $ 14.2 million in Q2 2021 compared to $ 8.9 million in Q2 2020 . The quarterly sales increase brings first half consolidated sales to $ 28.1 million , an increase of $ 6.3 million , or 29 % , relative to the first half of 2020 . Generated $ 2.6 million in Adjusted EBITDA * in Q2 2021 , an increase of 30 % relative to Q2 2020 . First half 2021 Adjusted EBITDA * of $ 4.7 million represents a 30 % increase compared to the first half of 2020 . Invested $ 0.9 million in the first half of 2021 toward equipment that increases production capacity and improves operational efficiency . Selected Financial Highlights : The following are selected financial highlights of Decisive for the three and six months ended June 30 , 2021. All amounts are expressed in Canadian dollars . The Company's unaudited interim condensed consolidated financial statements as well as its management's discussion and analysis ( " MD & A " ) are posted on SEDAR and on Decisive's website ( www.decisivedividend.com ) . ( Stated in thousands of dollars , except per share amounts ) June 30 , For the three months ended 2021 2020 Change For the six months ended 2021 2020 Change Sales $ Gross profit 14,194 5,312 $ 8,874 60 % $ 4,279 24 % 28,139 $ 10,469 21,820 29 % 8,960 17 % Gross profit % 37 % 48 % 37 % 41 % Adjusted EBITDA * 2,564 1,973 30 % 4,729 3,625 30 % Per share basic 0.22 0.17 27 % 0.40 0.31 28 % Profit ( loss ) before tax 877 135 550 % 1,362 ( 785 ) nm Profit ( loss ) 597 4 nm 875 ( 1,083 ) nm Per share basic 0.05 100 % 0.07 ( 0.09 ) nm Per share diluted 0.05 100 % 0.07 n / a nm Dividends declared Per share basic 714 0.06 100 % 714 1,037 -31 % 100 % 0.06 0.09 -33 % * Adjusted EBITDA is defined as earnings before finance costs , income taxes , depreciation , amortization , foreign exchange gains or losses , other non - cash items such as gains or losses recognized on the fair value of contingent consideration items , asset impairment and restructuring costs , and any unusual non - operating one - time items such as acquisition costs . Adjusted EBITDA is not a defined performance measure under International Financial Reporting Standards ( IFRS ) and therefore may not be comparable to similar measures presented by other issuers , but it is used by Management to assess the performance of the Company and its segments . See the MD & A for a reconciliation of applicable IFRS measures to non - IFRS measures . nm - not meaningful 1