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CanadaBis Capital (CANB) investor relations material
CanadaBis Capital Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved positive operating cash flow and Adjusted EBITDA for fiscal Q1 2026, despite temporary market disruptions in British Columbia due to labor issues impacting cannabis distribution.
Management credits cost and labor efficiency initiatives and a shift toward higher-margin products for improved results.
Financial highlights
Gross revenue for Q1 2026 was $5.7 million, down from $9.6 million year-over-year.
Net revenue was $3.3 million, compared to $5.1 million in the prior year.
Gross profit reached $1.5 million, with gross margin improving to 27.0% from 22.9% year-over-year.
Net loss of $128,539, compared to net income of $321,569 in Q1 2025.
Adjusted EBITDA was $197,029, down from $675,892 year-over-year.
Cash and cash equivalents stood at $938,926 at quarter-end.
Outlook and guidance
Management remains focused on strengthening liquidity, enhancing operating performance, and advancing initiatives for long-term cash generation and stability.
Forward-looking statements highlight expectations for margin sustainability, liquidity improvement, and continued demand for extract-derived and infused cannabis products.
- Q3 2024 delivered robust revenue, profit, and margin gains, fueled by innovation and efficiency.CANB
Q3 202425 Feb 2026 - FY2024 net income reached $600,285, driven by new products and operational efficiencies.CANB
Q4 202425 Feb 2026 - Record revenue and profitability achieved, driven by innovation and international expansion.CANB
Q1 202525 Feb 2026 - Q2 2025 gross revenue surged 29% to $9M, with adjusted EBITDA of $434K and net earnings of $96K.CANB
Q2 202525 Feb 2026 - Achieved positive adjusted EBITDA, improved margins, and strengthened liquidity despite market headwinds.CANB
Q3 202525 Feb 2026 - Gross profit and adjusted EBITDA fell despite stable revenue, with new strategies set for 2026 growth.CANB
Q4 202525 Feb 2026
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