Bri-Chem Announces 2026 First Quarter Financial Results
Edmonton, Alberta--(Newsfile Corp. - May 13, 2026) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce its 2026 first quarter financial results. Three months ended March 31 Change (in '000s except per share amounts) 2026 2025 $ % Financial performance Sales $ 16,567 $ 19,909 $ (3,342 ) (17%) Adjusted EBITDA(1) 812 465 347 75% As a % of revenue 5% 2% Operating earnings / (loss) 642 (23 ) 666 (2847%) Adjusted net earnings / (loss) (1) 198 (618 ) 816 (132%) Net earnings / (loss) $ 86 $ (412 ) $ 498 (121%) Per diluted share Adjusted EBITDA (1) $ 0.03 $ 0.02 $ 0.01 57% Adjusted net earnings / (loss) (1) $ 0.02 $ (0.02 ) $ 0.04 (172%) Net earnings / (loss) $ 0.01 $ (0.02 ) $ 0.03 (194%) Financial position Total assets $ 43,514 $ 54,247 $ (10,733 ) (20%) Working capital 5,380 10,341 (4,962 ) (48%) Long-term debt - 6,493 (6,493 ) (100%) Shareholders equity $ 20,721 $ 19,041 $ 1,680 9% (1) Non-GAAP financial measure.
BRY - Berry Corporation