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AIMIA INC - Aimia reports second quarter 2026 results

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What this filing means

Consolidated earnings swung to a $0.36 per share profit from a $0.08 loss — real on the surface, but the swing is largely a $21.7M accounting gain from the Bozzetto divestiture, with continuing operations shrinking. Revenue fell 3.7% and Adjusted EBITDA dropped 17.9%, both from the same continuing businesses, pointing to an underlying business in contraction even as the balance sheet has been materially strengthened by the disposal.

Bull case

  • Headline EPS swung to $0.11 from a $(0.10) loss in Q2 2025, an inflect at the JSE-mandated core metric.
  • Consolidated net earnings turned to a $33.3M profit from a $6.1M loss in Q2 2025.

Bear case

  • Continuing operations are shrinking: Q2 revenue fell 3.7% YoY to $36.4M and Adjusted EBITDA dropped to $2.3M from $2.8M, with management explicitly pinning the decline on weaker Cortland.
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Category
Results
Event posture
No Edge
Published
Aug 11, 2026

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