Bri-Chem Announces 2026 Third Quarter Financial Results
Key Highlights
- ➤Q3 sales $18.4 million, up $159 thousand year over year
- ➤Q3 adjusted EBITDA $925 thousand, up $89 thousand year over year
- ➤Q3 net earnings $423 thousand, up 164% year over year
- ➤Working capital $6.2 million, down 42% year over year
- ➤Remaining OBM inventory liquidation completed; management targets sustainable profitability
Edmonton, Alberta--(Newsfile Corp. - November 12, 2026) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2026 third quarter financial results.
Three months endedNine months ended September 30ChangeSeptember 30Change (in '000s except per share amounts)20262025$%20262025$% Financial performance Sales$ 18,351$ 18,192$ 1591%$ 50,423$ 58,637$ (8,214)(14%) Adjusted EBITDA ((1))9258368911%1,9212,346(425)(18%) As a % of revenue5%5%4%4% Operating earnings68057610318%1,3521,324272% Adjusted net earnings / (loss) ((1))314162981832%33(542)575(106%) Net (loss) / earnings$ 423$ 160$ 263164%$ 39$ (95)$ 134(141%) Per diluted share Adjusted EBITDA ((1))$ 0.03$ 0.03$ -0%$ 0.07$ 0.09$ (0.02)(23%) Adjusted net earnings / (loss) ((1))$ 0.01$ 0.01$ -0%$ 0.00$ (0.02)$ 0.02(98%) Net earnings / (loss)$ 0.02$ 0.01$ 0.01104%$ 0.00$ (0.01)$ 0.01(100%) Financial position Total assets$ 42,580$ 48,855$ (6,276)(13%) Working capital6,24110,790(4,548)(42%) Long-term debt-6,331(6,331)(100%) Shareholders equity$ 21,042$ 19,547$ 1,4948%
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