Maxim Power Q4 net income hits CAD 2.4 million as revenue falls 25.3% to CAD 18 million

Reuters03-20 07:53

Maxim Power Q4 net income hits CAD 2.4 million as revenue falls 25.3% to CAD 18 million

Maxim published audited consolidated financial statements and an accompanying MD&A covering Q4 and FY 2025 results.
Q4 revenue was CAD 18 million, down 25.28%, and net income was CAD 2.42 million versus a net loss a year earlier.
FY revenue was CAD 86.87 million, down 14.4%, and net income was CAD 16.69 million, down 23.95%.
FY adjusted EBITDA was CAD 28.81 million, down 25.2%, which management attributed mainly to lower generation volumes from a planned Q4 2025 maintenance outage and a lower realized average power price.
Project development updates included a reservation agreement with GE Vernova for a 7HA.02 gas turbine and generator package targeting 2030 delivery for the 400 MW Prairie Lights project, with up to CAD 60 million of total project spending anticipated during 2026.

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. Maxim Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603191953PRIMZONEFULLFEED9675698) on March 19, 2026, and is solely responsible for the information contained therein.

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ID: 202603191953PRIMZONEFULLFEED9675698) on March 19, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2506951792.HKD","symbol_name":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260319:nNDL6BVPxv:1","article_id":"2620277252","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620277252","pubTimestamp":1773964406,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Maxim published audited consolidated financial statements and an accompanying MD&A covering Q4 and FY 2025 results.Q4 revenue was CAD 18 million, down 25.28%, and net income was CAD 2.42 million versus a net loss a year earlier.FY revenue was CAD 86.87 million, down 14.4%, and net income was CAD 16.69 million, down 23.95%.FY adjusted EBITDA was CAD 28.81 million, down 25.2%, which management attributed mainly to lower generation volumes from a planned Q4 2025 maintenance outage and a lower realized average power price.Project development updates included a reservation agreement with GE Vernova for a 7HA.02 gas turbine and generator package targeting 2030 delivery for the 400 MW Prairie Lights project, with up to CAD 60 million of total project spending anticipated during 2026.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0124384867.USD":"贝莱德新能源基金A2","LU2298322129.HKD":"BGF SUSTAINABLE ENERGY \"A2\" (HKDHDG) ACC","LU2264538146.SGD":"Fullerton Lux Funds - 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