)
Acadian Timber (ADN) investor relations material
Acadian Timber Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Third quarter 2025 sales were $23 million, down from $26 million year-over-year, reflecting lower timber sales in Maine and reduced timber services in New Brunswick.
Net income rose to $2.9 million ($0.16/share) from $2.2 million ($0.13/share) year-over-year, driven by higher non-cash fair value adjustments and lower tax expense.
Free cash flow was $1 million, down from $2.5 million in the prior year; $5.3 million in dividends declared ($0.29/share).
Net liquidity at quarter-end was $15.1 million, with a strong balance sheet and undrawn revolving credit facilities.
Financial highlights
Adjusted EBITDA was $3.5 million (15% margin), down from $4 million (16%) last year.
Operating income for the quarter was $3 million, compared to $3.9 million in the prior year.
Operating costs and expenses decreased by $2 million year-over-year.
For the first nine months, revenue was $65 million, down from $71.4 million, with no carbon credit sales in 2025 versus $24.6 million in 2024.
Net income for the nine months was $9.3 million ($0.51/share), down from $16.2 million ($0.93/share) year-over-year.
Outlook and guidance
Near-term pressures on end-use markets persist, with U.S. duties and tariffs on Canadian wood products posing risks.
North American interest rates are easing; U.S. housing starts forecast steady at 1.35 million for 2025.
Sawlog demand expected to remain stable, but pricing may be challenged until end-use markets improve; pulpwood demand and pricing to remain subdued.
Carbon credit issuance delayed to late 2025 due to protocol transition, but credits expected to be higher value.
Next Acadian Timber earnings date
Next Acadian Timber earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)