Altus Q2 2026 adjusted EBITDA rises 35% as software, VMS revenue growth offsets higher operating costs, company says

Reuters2026/08/06 21:06

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Altus posted Q2 2026 revenue of CAD 112.67 million, up 6.6%, driven mainly by software growth of 11.8%.
VMS revenue rose 7.2% to CAD 45.61 million; data fell 5% to CAD 10.85 million; services dropped 26.5% to CAD 3.37 million.
Adjusted EBITDA increased 35.3% to CAD 29.58 million, lifting margin to 26.3% from 20.7% on higher gross margin.
Continuing-operations net loss was CAD 1.53 million, reflecting higher other operating expense tied to FX swings and one-time corporate initiatives.
Free cash flow fell to CAD 1.66 million from CAD 26.09 million; the quarter included CAD 200 million of share repurchases at CAD 52.

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. Altus Group Limited published the original content used to generate this news brief on August 06, 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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Altus Q2 2026 adjusted EBITDA rises 35% as software, VMS revenue growth offsets higher operating costs, company says

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