Overview

* Orbit Garant Q4 2025 revenue rises 3.9% yr/yr to C$47.2 mln

* The mineral drilling company's Q4 net earnings at C$2.2 mln, versus a loss in Q4 2024

* Fiscal 2025 revenue increases 4.3% to C$189.1 mln, driven by Canada and South America

Outlook

* Orbit Garant aims to expand regional presence with minimal mobilization costs

* Company sees strong market conditions for gold and copper driving demand

* Orbit Garant intends to focus on core regions, Canada and South America

Result Drivers

* HIGHER REVENUE PER METRE - Increased revenue per metre drilled in Canada contributed to higher gross profit and adjusted gross margin in Q4

* SOUTH AMERICA ACTIVITY - Increased drilling activity in South America drove international revenue growth

* WEST AFRICA EXIT - Cessation of unprofitable activities in West Africa improved profitability

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 C$47.20

Revenue mln

Q4 Net C$2.20

Income mln

Q4 20.2%

Adjusted

Gross

Margin

Q4 C$5.50

EBITDA mln

Q4 Gross C$7.60

Profit mln

Analyst Coverage

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 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.)