Intouch Insight (INX) Q2 2026 earnings summary

Executive summary

• Revenue grew 8% year-over-year to CAD 7.0 million in Q2 2026, marking the strongest quarterly growth in seven quarters and fully organic, driven by SaaS, merchandising, and recurring services.

• Net loss for the quarter was CAD 43,136, a significant improvement from a loss of CAD 1,112,023 a year ago, and essentially breakeven.

• Earnings from operations turned positive at CAD 54,361, reflecting recovery from prior-year impairment charges.

• Strategic investments were made in sales, product development, and organizational capabilities, all funded by operations and credit facilities with no new equity issued.

• Growth was driven by all major product lines, with SaaS and event marketing automation showing notable increases.

Financial highlights

• SaaS revenue rose 18% year-over-year to CAD 475,000; recurring services up 6% to CAD 5.9 million; event marketing automation up 8% to CAD 573,000.

• Merchandising contributed CAD 83,000, a new revenue stream, with Q2 revenue at CAD 82,824 and H1 at CAD 120,291.

• Gross margin was 46.7%, down from 50.4% a year ago, due to product mix and competitive pricing.

• Adjusted EBITDA for the quarter was CAD 227,559, down from CAD 370,812 last year, impacted by higher investments and lower gross margin.

• U.S. revenue grew 15% and represented 83% of total revenue; Canadian revenue declined 18%.

Outlook and guidance

• Full-year guidance unchanged: double-digit organic revenue growth by year-end, merchandising revenue to exceed CAD 1 million, and continued investment may result in an operating loss.

• Growth curve expected to be back-half weighted, requiring 13% growth in the second half to meet targets.

• Third quarter merchandising revenue is expected to exceed the combined revenue of the first half, based on contracts signed.

• No shareholder dilution anticipated; investments to be funded by operations and existing credit facilities.