ADF Group Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

September 14, 2024

ADF Group (TSE:DRX) Second Quarter 2025 Results

Key Financial Results

Revenue: CA$74.9m (down 6.6% from 2Q 2024).
Net income: CA$16.0m (up 52% from 2Q 2024).
Profit margin: 21% (up from 13% in 2Q 2024). The increase in margin was driven by lower expenses.
EPS: CA$0.51 (up from CA$0.32 in 2Q 2024).

earnings-and-revenue-growth — TSX:DRX Earnings and Revenue Growth September 14th 2024

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 19%. Earnings per share (EPS) exceeded analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 4.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on ADF Group's balance sheet.

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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.