Maxim Power Q2 FY26 turns to net loss of CAD 3.07 million; revenue falls to CAD 15.35 million

Reuters2026/08/06 22:30

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Maxim Power posted a GAAP net loss of CAD 3.07 million in Q2, swinging from profit; revenue fell to CAD 15.35 million.
GAAP loss per share was CAD 0.05; non-GAAP adjusted EBITDA dropped to CAD 757,000.
Total generation declined to 357,427 MWh; average realized power price slid to CAD 42.93 per MWh.
Mine 14 Ops issued a termination notice for the Milner site ground lease, set to end Sept. 14, 2027; rent remains CAD 300,000 monthly.

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. Maxim Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061759PRIMZONEFULLFEED9805746) 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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Maxim Power Q2 FY26 turns to net loss of CAD 3.07 million; revenue falls to CAD 15.35 million

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