Itafos Q2 FY26 net loss widens to USD 5.6 million; revenue rises 14% to USD 144 million
Reuters2026/08/05 22:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Itafos posted Q2 2026 revenue of USD 144 million, up 14% year over year.
- Net results swung to a loss of USD 5.6 million from profit; basic earnings fell to C$0.04 per share loss.
- Adjusted EBITDA (non-IFRS) dropped to USD 17.8 million from USD 31.8 million, due to higher sulfur and sulfuric acid costs.
- Free cash flow (non-IFRS) was USD 10.7 million, roughly flat year over year.
- Management kept net leverage at 0.3x trailing 12-month adjusted EBITDA, citing supply-chain disruptions tied to the Iran conflict and Strait of Hormuz shutdown.
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. Itafos Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051710PRIMZONEFULLFEED9804603) on August 05, 2026, and is solely responsible for the information contained therein.
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