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Dye & Durham (DND) investor relations material
Dye & Durham Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 revenue, excluding Credas disposal, grew 4% year-over-year to CAD 104.2 million, with adjusted EBITDA up 18% and margin expanding to 53% from 45% last year.
Fiscal 2026 revenue was CAD 410.7 million, down 7% year-over-year, and adjusted EBITDA was CAD 198.8 million, down 15%, reflecting a company in transition.
Net loss for the year was CAD 38.5 million, significantly improved from CAD 88 million last year, aided by the CAD 81.5 million gain on the sale of Credas.
Leadership is focused on operational efficiency, automation, and AI to drive cost savings and improve customer experience.
The company achieved approximately CAD 20 million in annualized run rate cost savings in fiscal 2026, ahead of target.
Financial highlights
Q4 revenue: CAD 104.2 million; full-year revenue: CAD 410.7 million.
Q4 adjusted EBITDA: CAD 55.1 million (up 18% excluding Credas); margin at 53%.
Full-year adjusted EBITDA: CAD 198.8 million (down 14% excluding Credas); margin at 48%.
Q4 net loss: CAD 19.9 million; full-year net loss: CAD 38.5 million.
Q4 operating cash flow: CAD 65.6 million; full-year: CAD 153.4 million.
Outlook and guidance
Transition to a global operating model, with focus on automation, AI, and cost discipline, will continue through fiscal 2027.
Reinvestment of operational savings into product development is expected to drive sustainable growth.
No specific Q1 2027 revenue guidance provided; management is monitoring churn and new customer trends.
Deleveraging and cash generation remain top priorities.
- Q3 FY2026 revenue fell 12% YoY, but net income surged on asset sales and cost savings.DND
Q3 2026 - Revenue and EBITDA declined, but transformation and cost-saving plans target long-term growth.DND
Q2 2026 - Board reconstituted, directors elected, auditor reappointed, and executive pay vote failed.DND
AGM 2024 - Revenue and EBITDA fell, but cost savings and asset sales aim to restore growth and liquidity.DND
Q4 2025 & Q1 2026 - ARR up 43%, strong cash flow drove debt reduction and a new dividend in Q1 FY2025.DND
Q1 2025 - Record Q4 revenue, 57% EBITDA margin, and ARR growth drive strong cash flow and outlook.DND
Q4 2024 - Revenue up 1% YoY to CAD 108.3M, ARR at 36%, and EBITDA margin at 51%.DND
Q3 2025 - Q2 FY2025 revenue up 10%, ARR up 36%, and focus shifts to organic growth and efficiency.DND
Q2 2025
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