Conifex Timber Inc. reported a negative EBITDA of $7.7 million [1] for the first quarter ending March 31, 2026 [4].
The results indicate a narrowing loss for the company, which provides a glimpse into the operational recovery of the Vancouver-based timber firm.
The company released the financial data on May 15, 2026 [5]. The reported negative EBITDA of $7.7 million [1] represents an improvement over the fourth quarter of 2025, when the company posted a negative EBITDA of $12.6 million [2].
This recovery follows a volatile period for the firm. In the quarter prior to the fourth quarter of 2025, Conifex Timber had recorded a positive EBITDA of $4.9 million [3]. The shift from a positive position to a significant loss in late 2025 — and the subsequent partial recovery in early 2026 — highlights the fluctuating nature of the company's recent financial performance.
Conifex Timber, which trades on the TSX under the symbol CFF, issued the update to provide investors and the market with a transparent view of its current operational standing. The company's headquarters in British Columbia continue to manage the strategic response to these financial shifts.
“Conifex Timber Inc. reported a negative EBITDA of $7.7 million”
The narrowing of the EBITDA loss from $12.6 million to $7.7 million suggests a positive trend in operational efficiency or market conditions for Conifex Timber. However, the company remains below its previous high of $4.9 million, indicating that while the downward trend has stabilized, it has not yet returned to profitability.
