Glacier Media swings to Q2 FY26 profit of $5.25 million; revenue falls 7.3% to $30.2 million

Reuters2026/08/04 21:47

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Glacier Media posted Q2 2026 net income attributable to common shareholders of CAD 5.25 million, swinging from a loss a year earlier.
Revenue fell 7.3% to CAD 30.23 million, driven mainly by a CAD 2.1 million drop from exited legacy print community media operations.
Non-IFRS EBITDA turned positive at CAD 1.4 million from a loss a year earlier as direct and G&A expenses fell CAD 4.2 million.
Cash totaled CAD 10.4 million at June 30, 2026; non-recourse mortgages were CAD 6.2 million.
Results included a CAD 5.7 million interest recovery tied to interest-relief negotiations on an uncertain tax liability with the CRA.

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. Glacier Media Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608041700PRIMZONEFULLFEED9803633) on August 04, 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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Glacier Media swings to Q2 FY26 profit of $5.25 million; revenue falls 7.3% to $30.2 million

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