The earnings call reflected strong operational performance with significant growth in recurring revenue and adjusted EBITDA, along with successful cost management and share buybacks. However, challenges in the Appraisals & Development Advisory segment and the impact of the Property Tax business divestiture on cash flow were noted. Despite these issues, the overall tone of the call was optimistic with a focus on strategic growth initiatives.

Company Guidance

During the Altus Group's Q2 2025 Financial Results Conference Call, the company provided a detailed update on its performance and future guidance. The team emphasized recurring revenue growth and consolidated margin expansion, with adjusted EBITDA rising 55.7% year-over-year. Despite a modest decline in consolidated revenue due to softer performance in the Appraisals & Development Advisory segment, margin expansion was reported across both business units. The quarter saw a foreign exchange gain of $6.2 million, which was anticipated and factored into the full-year outlook. Adjusted EPS improved to $0.50, supported by a share buyback program that reduced the outstanding share count. Recurring revenue was up 3.7%, driven by ARGUS Intelligence's double-digit growth, with recurring new bookings increasing by 64.2%. The company also reported a 290 basis point margin increase, supported by enhanced operational efficiencies. Altus Group ended the quarter with $382.7 million in cash and a funded debt-to-EBITDA ratio of 1.26x. Looking ahead, the company refined its guidance, increasing the consolidated margin range while slightly lowering revenue expectations due to macroeconomic uncertainties.

Recurring Revenue Growth

Recurring revenue was up 3.7%, driven by the strength of software offerings. ARGUS Enterprise, now ARGUS Intelligence, delivered double-digit growth, and recurring new bookings increased by 64.2%.

Adjusted EBITDA and EPS Improvement

Adjusted EBITDA rose 55.7% year-over-year, and adjusted EPS improved to $0.50, supported by higher profit and a lower share count from the buyback program.

Share Buyback Program Success

Returned $101.7 million to shareholders through the share buyback program, reducing the outstanding share count by 6.5% year-over-year.

Consolidated Margin Expansion

Consolidated margin improvement for the fourth consecutive quarter. Margins increased by 290 basis points in the Analytics segment.

Strong Cash Position and Debt Management

Ended the quarter with $382.7 million in cash and a funded debt-to-EBITDA ratio of 1.26x.

Altus Group (TSE:AIF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:AIF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.44 / -	0.19	―	―	―
Aug 07, 2025	2025 (Q2)	0.35 / 0.50	0.45	11.11% (+0.05)	―	―
May 08, 2025	2025 (Q1)	0.16 / 0.19	0.33	-42.42% (-0.14)	―	―
Feb 20, 2025	2024 (Q4)	0.39 / 0.85	0.46	84.78% (+0.39)	―	―
Nov 07, 2024	2024 (Q3)	0.26 / 0.19	0.33	-42.42% (-0.14)	―	―
Aug 08, 2024	2024 (Q2)	0.53 / 0.45	0.53	-15.09% (-0.08)	―	―
May 02, 2024	2024 (Q1)	0.38 / 0.33	0.33	0.00% (0.00)	―	―
Feb 22, 2024	2023 (Q4)	0.43 / 0.46	0.44	4.55% (+0.02)	―	―
Nov 09, 2023	2023 (Q3)	0.48 / 0.33	0.42	-21.43% (-0.09)	―	―
Aug 10, 2023	2023 (Q2)	0.44 / 0.53	0.77	-31.17% (-0.24)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:AIF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	C$52.25	C$52.93	+1.30%
May 08, 2025	C$52.16	C$54.61	+4.70%
Feb 20, 2025	C$55.51	C$54.68	-1.50%
Nov 07, 2024	C$53.66	C$56.13	+4.60%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Altus Group Limited (TSE:AIF) report earnings?

Altus Group Limited (TSE:AIF) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Altus Group Limited (TSE:AIF) earnings time?

Altus Group Limited (TSE:AIF) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:AIF EPS forecast?

TSE:AIF EPS forecast for the fiscal quarter 2025 (Q3) is 0.44.

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