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Edge14 Aug 2026
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Flow Capital
Flow Capital (FW) investor relations material
Flow Capital Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary21 Aug, 2026
Executive summary
Revenue for Q2 2026 rose 30% year-over-year to CAD 4.2 million, driven by loan interest, royalty income, and prepayment fees from early loan repayments.
Free cash flow increased 88% to CAD 1.66 million, with free cash flow per share up 96% to CAD 0.06.
Book value per share grew 14% to CAD 1.34, and equity book value increased to CAD 39.3 million.
Net income for Q2 2026 was CAD 1.63 million, compared to a net loss of CAD 1.47 million in Q2 2025.
Portfolio remains healthy with over 40 holdings, including both debt and equity positions.
Financial highlights
Loan interest and royalty income grew 30% year-over-year to CAD 4.2 million in Q2 2026.
Free cash flow rose to CAD 1.66 million from CAD 884,000 year-over-year.
Book value per share reached CAD 1.34, up from CAD 1.17.
Equity book value increased from CAD 35.7 million to CAD 39.3 million.
Earnings per share (diluted) for Q2 2026 was CAD 0.055, up from a loss of CAD 0.048 per share in Q2 2025.
Outlook and guidance
Deployment activity was zero in Q2, but over CAD 9 million has been deployed in Q3 to date.
Pipeline is strengthening with higher quality deals, indicating a potential rebound in recurring revenue growth.
Management highlighted the redeployment of capital from early loan repayments into new opportunities, supporting future growth.
Management expects stabilization and improvement in deployment trends.
Forward-looking statements caution about risks and uncertainties that may impact future results.
Impact of prepayments on book value and leverage
FX impact on the Q2 net income turnaround
Analysis of loan vs royalty income growth
Drivers of the $3M reduction in Stage 2 loans
Income concentration risk for top 3 investees
Funding strategy for the US$6M Aliaswire deal
Detail the opportunistic equity strategy
Explain AI use in loan origination and credit
Utilization of the $7.4M deferred tax asset
Partial view of Summaries dataset, powered by Quartr API
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Latest events from Flow Capital
- Revenue up 21%, net income nearly doubled, and investment assets rose 27% year-over-year.FW
Q1 2026 - Record revenue and free cash flow growth, with positive net income and strong IRR.FWQ4 2025
- Record revenue, strong free cash flow, and robust pipeline despite increased competition.FWQ3 2025
- Revenue up 54% and free cash flow up 212% year-over-year, with IRR above 22%.FWQ2 2025
- Loan interest revenue up 45% and recurring free cash flow hit a record CAD 847,111.FWQ1 2025
- Record revenue and recurring free cash flow growth highlight a strong Q3 despite a net loss.FWQ3 2024
- Recurring loan interest income up 28.5% YoY, with record capital deployments and strong IRR.FWQ2 2024
- Record revenue and free cash flow growth highlight strong, scalable multi-year performance.FWQ4 2024
Next Flow Capital earnings date
Q3 202613 Nov, 2026
Flow Capital
Next Flow Capital earnings date
Q3 202613 Nov, 2026
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Amina0781App Store
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@theshortbearx.com
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