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Boardwalktech Software (BWLK) investor relations material
Boardwalktech Software Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary26 Nov, 2025
Executive summary
Q2 FY26 revenue reached $1 million, up 4% sequentially but down 25% year-over-year due to two customer non-renewals.
Gross margin improved to 86.7% from 83.5% in Q1 FY26, though slightly below 88.7% in Q2 FY25.
Adjusted EBITDA loss narrowed to $(0.4) million, a 44% improvement sequentially and flat year-over-year.
Net loss for Q2 FY26 was $(0.5) million, a 44% sequential improvement, driven by higher revenue and lower costs.
Financial highlights
Annual recurring revenue (ARR) at September 30, 2025, was $3.8 million.
Cash at quarter-end was $0.04 million, with $0.6 million in receivables; operational cash usage decreased by $1.6 million year-over-year.
Outstanding debt stood at $2.6 million, reclassified as current liability under IFRS, with maturity in March 2027.
Outlook and guidance
Anticipates improved revenue in the second half of FY26, contingent on closing late-stage license agreements.
Ongoing and completed customer upgrade projects expected to boost professional services revenue and ARR.
Cost-reduction initiatives and anticipated growth position the company to approach EBITDA break-even soon.
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Next Boardwalktech Software earnings date
Q3 202625 Feb, 2026
Next Boardwalktech Software earnings date
Q3 202625 Feb, 2026
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Frequently asked questions
Boardwalktech Software Corp is a developer of enterprise information management technology solutions. The company specializes in Digital Ledger database technology, designed to facilitate collaborative, multi-party applications across enterprises. This technology focuses on making both structured and unstructured data actionable, aiming to improve information management and decision-making processes within organizations. The company is headquartered in Cupertino, California, and its shares are listed on the TSX.
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