- Sales: CAD 31.3 million, growth of +60% compared to Q3 2024 (≈ CAD 19.6 million).
- Product sales: CAD 18.3 million, growth of +46% compared to the previous year.
- Service sales: CAD 13.0 million, growth of +85%.
- Gross margin: 59% (previous year: 52%) → improvement of +7 percentage points.
Adjusted EBITDA: CAD 8.0 million, growth of +92%, EBITDA margin 25.5% (previous year: 21.2%) → improvement of +4.3 percentage points.
The forecast has not been raised, but the rapid growth is intact, which is why I remain invested with a large position! My equity has risen to €2.77 due to some (expensive) additional purchases, but I like the growth and am quite relaxed about it!
Presumably some investors were expecting a forecast increase and that's why the share price is falling? $PNG (+8,01%)
