ADF Group First Quarter 2026 Earnings: EPS Beats Expectations, Revenues Lag

ADF Group (TSE:DRX) First Quarter 2026 Results

Key Financial Results

• Revenue: CA$55.5m (down 48% from 1Q 2025).
• Net income: CA$8.75m (down 43% from 1Q 2025).
• Profit margin: 16% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses.
• EPS: CA$0.30 (down from CA$0.47 in 1Q 2025).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

ADF Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 76%.

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 25% from a week ago.

Risk Analysis

You still need to take note of risks, for example - ADF Group has 2 warning signs (and 1 which is potentially serious) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.