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- 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.
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