ACT Energy Q2 FY26 net income turns to profit at CAD 2.48 million; revenue rises 59% to CAD 178.47 million
Reuters2026/08/07 12:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ACT Energy posted net income of CAD 2.48 million in Q2, returning to profit from a year-earlier loss.
- Revenue rose 59% year over year to CAD 178.47 million.
- Non-GAAP adjusted EBITDAS climbed 76% to CAD 26.86 million, driven by improved Canadian activity and the Stryker and SB acquisitions.
- Net debt was CAD 142.06 million at June 30, up from year-end 2025 due to debt used to fund the SB and Stryker acquisitions.
- Management said it expects a seasonally stronger third quarter in Canada, with U.S. activity building modestly from second-quarter levels.
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. ACT Energy Technologies Ltd. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.
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