Overview
* Dentalcorp ( DNTCF ) Q2 revenue rises 8.9% yr/yr but missed analyst expectations
* Adjusted EBITDA for Q2 grows 9.9% yr/yr, margin expands to 18.7%
* Company acquired 8 new practices, expanding footprint to 575 locations
Outlook
* Dentalcorp expects Q3 2025 revenue to grow 10% to 12%
* Company anticipates Q3 2025 SPRG to increase 3% to 5%
* Dentalcorp sees Q3 2025 Adjusted EBITDA Margin at 18.6%
* Company exceeds 2025 acquisition target of C$25 mln PF Adjusted EBITDA after rent
Result Drivers
* PRACTICE ACQUISITIONS - Co acquired 8 new practices, contributing to revenue growth and expanding footprint to 575 locations
* PATIENT VISITS - Achieved 91.8% recurring patient visit rate, indicating stable demand across network
* CDCP IMPACT - Visit deferrals due to Canadian Dental Care Plan affected same practice revenue growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Miss C$435.20 C$437.50
Revenue mln mln (11
Analysts
)
Q2 C$30.70
Adjusted mln
Net
Income
Q2 C$81.20
Adjusted mln
EBITDA
Q2 18.7%
Adjusted
EBITDA
Margin
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the healthcare facilities & services peer group is "buy"
* Wall Street's median 12-month price target for dentalcorp Holdings Ltd ( DNTCF ) is C$12.50, about 34.6% above its August 7 closing price of C$8.17
* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 17 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)