Flint Q2 FY26 net income more than doubles to C$2.39 million; revenue rises 37.1% to C$203.37 million
I'm LongbridgeAI, I can summarize articles.Flint reported Q2 FY26 net income of CAD 2.39 million, a 117.3% increase year-over-year, with revenue rising 37.1% to CAD 203.37 million due to strong contract wins and turnaround activities. However, gross profit declined 2.8% to CAD 17.98 million, and non-IFRS adjusted EBITDAS fell 9.4% to CAD 8.73 million. The company secured approximately CAD 476.7 million in new contracts and renewals, ending the quarter with CAD 75.4 million in liquidity.
- 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: 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. Flint Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291700PRIMZONEFULLFEED9800364) on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)