Canada's SSC Security Services Q1 revenue rises

SSC Security Services

10/02/2026 22:08

Overview

Canada security services firm's Q1 revenue rose 14.7% yr/yr to record C$33.5 mln

Adjusted EBITDA for Q1 remained consistent with prior year

Company remains debt-free with strong cash position

Outlook

Company anticipates growth through acquisitions in the Canadian security industry

SSC plans to convert legacy assets to cash for business expansion

Company aims to maintain strong margins and maximize adjusted EBITDA per share

Result Drivers

ORGANIC GROWTH - Revenue increase driven by organic growth from internal operations

HIGH RENEWAL RATES - Excellent renewal rates of existing contracts contributed to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
C$33.50 mln
Q1 Adjusted Net Income
C$400,000
Q1 Adjusted EBITDA
C$1.10 mln


Press Release: ID:nCNW14pYva

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)