Vertex returns to profit in Q2 FY26 with net income of CAD 1.04 million; adjusted EBITDA rises 43.8% to CAD 9.16 million vs year-ago quarter
Reuters2026/08/19 22:31- Vertex Resource Group swung to net income of CAD 1.04 million in Q2, from a loss a year earlier; EPS turned to CAD 0.01.
- Adjusted EBITDA (non-IFRS) rose 43.8% to CAD 9.16 million; margin widened to 18% from 13%.
- Net revenue increased to CAD 51.23 million; profit margin expanded 4 percentage points to 28%.
- Free cash flow (non-IFRS) climbed to CAD 4.64 million from CAD 1.26 million.
- Management expects margin gains to hold in H2 2026 on pricing actions and 2025 operational consolidation; demand seen firm across segments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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