EarningsQ2 2026 Earnings Report
CFXTF Q2 2026 EPS Results
Actual EPS-$0.16
Consensus EPS―
Beat/Miss―
One Year Ago EPS-$0.13
CFXTF Q2 2026 Revenue Results
Actual Revenue$16.14M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth-32.12%
Earnings Announcement Details
QuarterQ2 2026
Date08/14/2026
TimeBefore Open
Conference CallFriday, August 14, 2026
CFXTF Upcoming Earnings
Conifex Timber's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear operational and strategic positives—improving EBITDA, strong local fiber advantages, lender support, and a defined restart and capital program—with significant near-term risks from large cumulative U.S. duties/tariffs, low capacity utilization, and financing uncertainty. Management presented a credible path to returning to two-shift operations and potential EBITDA positivity in 2026, but those outcomes are contingent on securing additional funding and favorable market/duty developments.Company Guidance
Improved EBITDA Loss in Q2
EBITDA loss narrowed to $6.3M in Q2 from $7.7M in Q1, an improvement of $1.4M (approximately an 18% reduction in the EBITDA loss quarter-over-quarter).
Stable Net Loss Per Share
Net loss was $9.5M in Q2 versus $9.4M in Q1; per share loss remained stable at $0.23 in both periods (net loss change ~1.1% quarter-over-quarter).
Maintained Liquidity Support from Lenders
Received continued bridge financing and credit facility amendments from PenderFund (lumber), Fiera (power) and additional liquidity from the Business Development Bank of Canada, providing runway while management pursues additional funding sources.
Large Local Fiber Surplus and Competitive Delivered Log Costs
Mackenzie timber supply area harvests ~2.3M m3 of sawlogs annually versus Conifex's ~0.8M m3 consumption, providing high fiber availability and delivered log costs among the most affordable in interior British Columbia—supporting long-term cost competitiveness.
Planned High-Return, Rapid-Payback Capital Program
Targeted capital projects (~$15.3M aggregate) designed to reduce conversion costs, improve reliability and boost planer capacity, with forecasted payback periods of 2–3 years for individual projects if financed and completed.
Clear Operational Restart Plan with EBITDA Target
Management goal to resume operations, return to two-shift steady-state by year-end 2026, restart power plant 24/7, build sawlog inventory, and—based on analyst consensus price assumptions (implied SPF ~USD 522 for 2027 and anticipated duty reductions)—expects the integrated Mackenzie site to be EBITDA positive in 2026.
Ability to Capture Power Plant Upside
Owning a power plant provides flexibility to burn chips internally if chip markets weaken; while this could lower chip sale revenue, it supports strong EBITDA contribution from the power business.
CFXTF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed