Evolution PowerX Q2 FY26 adjusted EBITDA more than doubles to $2.11 million; revenue rises 36% to $8.83 million

Reuters2026/08/13 11:33

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Evolution PowerX posted Q2 revenue up 36% to CAD 8.83 million, driven by stronger 2026 activity levels in Alberta.
Adjusted EBITDA (non-IFRS) more than doubled to CAD 2.11 million, with margin widening 12 percentage points to 24%.
Net loss narrowed to CAD 60,483, improving from a loss of CAD 929,022 a year earlier.
First-half revenue rose 24% to CAD 20.83 million; adjusted EBITDA (non-IFRS) climbed 45% to CAD 7.54 million.
Added a 3.2-megawatt SPG4 natural gas turbine generator, expected to be commercially available for customer projects in Q4 2026.

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. Evolution PowerX Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608130730NEWSFILECNPR____20260813_309427_1) on August 13, 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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Evolution PowerX Q2 FY26 adjusted EBITDA more than doubles to $2.11 million; revenue rises 36% to $8.83 million

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