Conifex Announces Third Quarter 2026 Results
Key Highlights
- ➤Q3 net loss $7.9M, or $0.19 per share, improves from $16.6M loss year-over-year
- ➤Q3 EBITDA negative $5.7M, improving from negative $16.6M year-over-year
- ➤Overall debt $122.5M at September 30, up from $101.8M at June 30
- ➤Mackenzie Mill expected to resume operations in or about December 2026
- ➤Available liquidity $7.4M; cash flow forecast funds operations only beyond December without financing
VANCOUVER, British Columbia, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the third quarter ended September 30, 2026. EBITDA* was negative $5.7 million for the quarter compared to EBITDA of negative $6.3 million in the second quarter of 2026 and negative EBITDA of $16.6 million in the third quarter of 2025. Net loss was $7.9 million or ($0.19) per share for the quarter versus a net loss of $9.5 million or ($0.23) per share in the previous quarter and a net loss of $16.6 million or ($0.41) per share in the third quarter of 2025.
The following table summarizes our selected financial information for the comparative periods. The financial information reflects results of operations from our two-line sawmill in Mackenzie, British Columbia (the "Mackenzie Mill") and 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the "Power Plant").
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