IC Group Q2 FY26 adjusted EBITDA climbs 345% to C$0.67 million; revenue rises 26% to C$8.2 million

Reuters2026/08/26 21:31

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IC Group posted Q2 revenue of CAD 8.2 million, up 26% year over year; net loss narrowed to CAD 110,000.
Adjusted EBITDA rose to CAD 670,000 from CAD 150,000; EBITDA increased to CAD 510,000 from CAD 30,000.
Gross profit climbed 15% to CAD 3.4 million, while gross margin fell 4 percentage points to 42% on IC Mobile carrier costs.
Annual recurring revenue represented about 67% of quarterly revenue, down 3 percentage points from a year earlier; about 97% of growth was organic.
Signed a three-year venue technology partnership; renewed and expanded a Fortune 50 technology client contract spanning 30 countries.

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. IC Group Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608261730NEWSFILECNPR____20260826_311685_1) on August 26, 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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IC Group Q2 FY26 adjusted EBITDA climbs 345% to C$0.67 million; revenue rises 26% to C$8.2 million

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