2 weeks ago
11
MarketBeat
Thu, April 9, 2026 astatine 9:05 AM CDT 8 min read
-
Record commencement to FY2026: Q1 gross roseate to CAD 47.3 cardinal (+10.3% YoY) with bookings of CAD 60 cardinal (+17%) and a book-to-bill of 1.27:1, backlog of CAD 157.9 cardinal (+11%); adjusted nett net were CAD 3.5 cardinal and escaped currency travel CAD 4.9 million, portion adjusted EBITDA fell to CAD 7.3 cardinal mostly owed to FX and a prior-year golden gain.
-
FX and tariff headwinds: Management flagged a CAD 1.5 cardinal antagonistic foreign‑exchange variance (about CAD 800k per 1% FX move) and estimated U.S. tariff impacts successful the "millions" for 2026, and said FTG is moving with customers to walk done those costs.
-
Growth and capableness plans: Aerospace income were up 12% and circuits up 8.3%, FTG won archetypal orders connected classified defence programs (meaningful volumes expected from 2027), plans ~CAD 5 cardinal to adhd >CAD 20 cardinal of capacity, and is opening an aerospace installation successful Hyderabad mid‑2026 (CAD 2–3 cardinal investment).
-
Interested successful Firan Technology Group Co.? Here are 5 stocks we similar better.
Firan Technology Group (TSE:FTG) reported what absorption described arsenic a grounds commencement to fiscal 2026, driven by higher revenue, beardown bookings, and a increasing backlog, though results were pressured by overseas speech and emerging tariff-related costs successful its circuits business.
President and CEO Brad Bourne said the institution posted “record archetypal 4th revenues, earnings, and backlog,” citing beardown request crossed aerospace and defence extremity markets. FTG reported bookings of CAD 60 cardinal successful the archetypal quarter, up 17% from Q1 2025, translating into a book-to-bill ratio of 1.27:1. Quarter-end backlog totaled CAD 157.9 million, up 11% from the anterior year-end.
→ AMC's Easter Surprise: A Bullish New Act?
Revenue accrued 10.3% year-over-year to CAD 47.3 million. Adjusted nett net roseate to CAD 3.5 cardinal from CAD 3.3 cardinal successful the prior-year quarter, and the institution generated escaped currency travel of CAD 4.9 million. Bourne besides highlighted a “strong equilibrium sheet” with nett indebtedness of CAD 4 million, which CFO Drew Knight said represented 0.1 times trailing 12-month EBITDA and included CAD 9.9 cardinal successful authorities loans.
Adjusted EBITDA fell to CAD 7.3 cardinal from CAD 8.4 cardinal a twelvemonth earlier. Both Bourne and Knight pointed to a “big plaything successful the Canadian to U.S. speech rate” arsenic a headwind, and Knight noted that year-over-year comparisons were besides affected by a one-time golden declaration summation successful the prior-year quarter.
→ Bridget’s Buys: The Bottom 5 Stocks and What to Do Next
English (CA) · 
English (US) · 
Spanish (MX) ·