ADF Group Inc. SV (TSE:DRX)
TSX:DRX
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Earnings Data
Report Date
Jun 16, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.28Last Year’s EPS
0.3Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: material deterioration in top-line and profitability metrics driven by tariffs, an unfavorable mix and the carryover of lower-margin LAR contracts, contrasted with strong liquidity, a sizable backlog (including $157.3M of newly announced contracts), strategic acquisition-driven diversification into hydro, and planned CapEx to restore margins longer term. Management expects revenue growth in FY2027 but anticipates near-term margin stagnation while integration and expansion deliver benefits.Company Guidance
Strong cash position and operating cash flow
Operating cash flow of $49.4M; cash and cash equivalents of $62.7M, up $2.7M year-over-year, providing liquidity despite acquisition and NCIB activity.
Robust backlog and recent new contract wins
Ending order backlog of $561.1M as of January 31, 2026 (excluding $157.3M of new contracts announced last week); Groupe LAR backlog contribution of $138.2M, supporting multi-year revenue visibility.
Accretive acquisition activity and diversification
Groupe LAR acquisition (closed Sept 18, 2025) contributed ~$20M in revenue and ~$2M to consolidated gross margin since closing; expands presence in hydroelectric market and adds a 4-year master contract.
Dividend reinstated
Board approved a semi-annual dividend of $0.02 per share payable May 15, 2026, signaling confidence in cash generation and balance sheet.
Q4 revenue resilience
Fourth-quarter revenue of $78.8M, up $1.4M year-over-year, including $13.8M contribution from Groupe LAR, showing sequential revenue stability amid headwinds.
Capacity and expansion plans to support growth
Management reports available capacity across facilities; planned CapEx of ~ $35M for FY2027 (majority for Groupe LAR plant expansion/modernization) to drive future efficiency and higher margins.
Mitigating actions taken versus tariff uncertainty
Implemented work-sharing program to reduce fabrication hours and limit cost exposure; strategic backlog shift toward Canadian projects and negotiations with U.S. clients to alleviate tariff impacts.
TSE:DRX Earnings History
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:DRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 16, 2026 | C$10.69 | C$8.99 | -15.87% |
Dec 11, 2025 | C$7.64 | C$8.52 | +11.49% |
Sep 11, 2025 | C$9.47 | C$8.48 | -10.50% |
Jun 10, 2025 | C$6.76 | C$8.77 | +29.76% |
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 ADF Group Inc. SV (TSE:DRX) report earnings?
ADF Group Inc. SV (TSE:DRX) is schdueled to report earning on Jun 16, 2026, Before Open (Confirmed).
What is ADF Group Inc. SV (TSE:DRX) earnings time?
ADF Group Inc. SV (TSE:DRX) earnings time is at Jun 16, 2026, Before Open (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:DRX EPS forecast?
TSE:DRX EPS forecast for the fiscal quarter 2027 (Q1) is 0.28.