ADF Group Inc. (DRX.TO), Thursday reported financial results for the second quarter. Net income was $0.9 million, or $0.03 per share, for the second quarter ended July 31, 2025, compared with $16.0 million, or $0.51 per share, a year earlier.
For the first six months of the fiscal year, net income was $9.6 million, or $0.34 per share, down from $31.3 million, or $0.98 per share, in the prior-year period.
Second-quarter revenue totaled $53.0 million, compared with $74.9 million last year. For the six-month period, revenue declined to $108.5 million from $182.3 million. Adjusted EBITDA saw a decline for the first half of 2025 with $14.1 million, compared with $48.0 million a year ago.
DRX.TO is currently trading at 8.50 CAD down 1.02 CAD, or 10.71 percent on the Toronto Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.