SSC - Security Services Corp. reported record first quarter (Q1) revenues of CAD 33.54 million, representing a 14.7% increase. Gross profit for Q1 reached CAD 5.11 million, with a gross margin of 15.2%. Adjusted net income was CAD 0.36 million, or CAD 0.02 per share, while adjusted EBITDA totaled CAD 1.06 million, or CAD 0.06 per share. Comprehensive net loss for the quarter was CAD 8 thousand, with a comprehensive net loss per share of CAD 0.00. As of December 31, 2025, SSC - Security Services Corp. reported cash of CAD 8.57 million, accounts receivable of CAD 26.72 million, total assets of CAD 82.50 million, total liabilities of CAD 21.68 million, and total shareholders’ equity of CAD 60.82 million. The company had no long-term debt and reported working capital of CAD 25.09 million, with 18.26 million common shares outstanding. The company highlighted strong organic growth, high contract renewal rates, and continued demand for integrated physical and electronic security services as key drivers of performance in the period. SSC - Security Services Corp. reiterated its focus on further expansion, including potential acquisitions in the Canadian security sector, and intends to continue distributing capital to shareholders. The company also noted expectations for remaining legacy assets to convert to cash to support business growth.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SSC - Security Services Corp. published the original content used to generate this news brief via CNW (Ref. ID: C1077) on February 10, 2026, and is solely responsible for the information contained therein.
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