• Cematrix management commentary attributed Q3 2026 revenue's 22% decline to CAD 11.9 million primarily to delayed starts on several large projects.
• Gross margin fell to 23% from 34%, reflecting a prior-year contract structure change, lower revenue, project execution and larger projects.
• Quarterly adjusted EBITDA dropped to CAD 1.43 million from CAD 3.49 million as revenue and margins weakened.
• Nine-month revenue rose 16% to CAD 37.9 million, a record for the period, despite the weaker quarter.
• Year-to-date adjusted EBITDA held near CAD 5.9 million as lower selling, general and administrative expenses helped offset reduced gross profit.

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. Cematrix Corporation published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.