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Computer Modelling Group Announces Second Quarter Results and Quarterly Dividend

Globe Newswire•12/11/2026•17:00 ET
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Key Highlights

  • ➤Total revenue $29.3 million, down 3% year over year
  • ➤Adjusted EBITDA $6.4 million, down 16%; margin fell to 22%
  • ➤Earnings per share $0.01, down 67% year over year
  • ➤Fiscal 2027 outlook maintained: stable organic recurring revenue and no EBITDA decline
  • ➤Quarterly dividend $0.01 per share approved, payable December 15, 2026

Select financial highlights * Total revenue decreased by 3% (10% Organic decline((1) )and 7% growth from acquisitions) to $29.3 million; * Recurring revenue((2)) increased by 7% (nil Organic growth and 7% growth from acquisitions) to $22.1 million; * Adjusted EBITDA((1)) decreased by 16% to $6.4 million; * Adjusted EBITDA Margin((1) )was 22%, compared to 25% in the comparative period; * Earnings per share was $0.01, a 67% decrease; * Free Cash Flow((1)) increased by 33% to $2.6 million; Free Cash Flow per share increased to $0.03 from $0.02 SECOND QUARTER YEAR TO DATE 2027 CONSOLIDATED HIGHLIGHTS

Select financial highlights * Total revenue decreased by 5% (12% Organic decline and 7% growth from acquisitions) to $57.1 million; * Recurring revenue increased by 2% (6% Organic decline and 8% growth from acquisitions) to $42.4 million; * Adjusted EBITDA decreased by 13% to $12.8 million; * Adjusted EBITDA Margin was 22%, compared to 24% in the comparative period; * Earnings per share was $0.03, a 57% decrease; * Free Cash Flow decreased by 5% to $6.1 million; Free Cash Flow per share remained flat at $0.08. (1) Organic growth/decline, Adjusted EBITDA, Adjusted EBITDA Margin, Recurring revenue and Free Cash Flow are not standardized financial measures and might not be comparable to measures disclosed by other issuers. For more description see under “Non-IFRS Financial Measures and Reconciliation of Non-IFRS Measures” heading.

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