Clairvest Group reported Q1 2026 earnings with revenue of CA$48.9m, up 26% from Q1 2025. Net income decreased 11% to CA$21.3m, and the profit margin dropped to 44% due to higher expenses. EPS fell to CA$1.51 from CA$1.63 in Q1 2025.
Clairvest Group Inc. (TSX: CVG) reported its Q1 2026 earnings, showcasing a mixed financial performance. The company reported revenue of CA$48.9 million, up 26% year-over-year (YOY) from CA$38.7 million in Q1 2025 [2]. However, net income decreased 11% to CA$21.3 million, and the profit margin dropped to 44% from 48% in the previous quarter. The earnings per share (EPS) fell to CA$1.51 from CA$1.63 in Q1 2025 [2].
The increase in revenue was driven by two platform investments and a follow-on investment in NCS Engineers, Acera Insurance Services, and Beneficial Reuse Management. The company invested a total of CA$43 million in these deals [2]. However, the higher expenses related to these investments and other operational costs contributed to the decline in net income and profit margin.
Despite the decrease in net income, Clairvest's book value increased to CA$1,260 million, or CA$88.94 per share, from CA$1,252 million, or CA$88.30 per share, as of March 31, 2025 [2]. The company also reported total available cash of CA$321 million, representing 25% of its book value [2].
Clairvest's CEO, Ken Rotman, expressed satisfaction with the company's strong start to the year, highlighting the strategic investments and partnerships with highly aligned management teams [2]. The company's commitment to disciplined and conviction-based investing in sectors it knows well was evident in its Q1 2026 performance.
Investors should monitor Clairvest's progress in its strategic investments and the overall economic conditions to gauge the company's ability to sustain its growth trajectory. The company's ability to manage expenses and generate returns from its investments will be crucial in determining its future performance.
References:
[1] https://www.ainvest.com/news/petvivo-petv-q1-2026-earnings-strategic-momentum-catalyst-transformative-growth-veterinary-care-2508/
[2] https://www.marketscreener.com/news/clairvest-quarterly-press-release-press-release-q1-2026-final-ce7c51d8d98cf627
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