Cematrix posts record Q2 2026 revenue as higher project volumes lift margins, management says

Reuters2026/07/29 22:22

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For Q2 2026, revenue rose to CAD 18.7 million from CAD 10.6 million, driven by timing and mix of projects in a non-recurring model.
Gross margin increased to CAD 6.6 million from CAD 4.1 million, while margin rate fell to 35% on large-project mix and execution.
Adjusted EBITDA climbed to CAD 5.02 million from CAD 2.42 million as higher volume absorbed fixed costs.
SG&A declined to CAD 2.2 million from CAD 2.4 million on lower wages and professional fees, partly offset by higher insurance tied to revenue.
Backlog ended at CAD 61.53 million; management expects Q3 to track the prior year, with fuel cost pressure viewed as manageable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cematrix Corporation published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

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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Cematrix posts record Q2 2026 revenue as higher project volumes lift margins, management says

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