Flint Q2 FY26 net income more than doubles to C$2.39 million; revenue rises 37.1% to C$203.37 million
Reuters2026/07/29 21:22- Flint posted Q2 net income of CAD 2.39 million, up 117.3% from a year earlier.
- Revenue rose 37.1% to CAD 203.37 million, driven by a compacted turnaround season and ramp-up on key contract wins.
- Gross profit slipped 2.8% to CAD 17.98 million; gross margin narrowed 3.7 percentage points to 8.8% on mix of work.
- Non-IFRS adjusted EBITDAS fell 9.4% to CAD 8.73 million; margin tightened 2.2 percentage points to 4.3%.
- New contract awards and renewals totaled about CAD 476.7 million in the quarter; liquidity was CAD 75.4 million at June 30.
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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