Aimia’s third-quarter loss per share was larger than expected, even as revenue from continuing operations rose 21.3% year over year.
Aimia Inc. (TSX: AIM) reported a loss of C$0.17 per share for the three months ended September 30, 2026. The calendar estimate was a loss of C$0.05 per share, making the reported loss C$0.12 per share worse than expected, or 240% larger. Revenue from continuing operations increased, but adjusted EBITDA fell and Aimia reported a consolidated net loss of C$14.3 million. The company cited one-time costs for strategic initiatives, an unrealized loss on its Clear Media investment, and financing costs related to redeeming its senior notes.
Recent earnings trend
Aimia Inc
AIM.TO
AIM.TO
Aimia Inc
WealthAwesomeMarket cap
$226.49M
52W high
$3.44
52W low
$2.48
1W change
+0.00%
Beta
0.17
Analyst Price Targets
Based on analyst covering AIM · as of Sep 17, 2026
Wall Street analysts forecast AIM stock price to rise 45.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.75
+45.9% Upside
Current Price
C$2.57
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AIM's historical volatility
30-Day Vol
16.1%
Annualized
90-Day Vol
23.6%
Annualized
Trend (90d)
-23.8%
Annualized drift
90d Mean
C$2.36
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.50 | C$2.36 – C$2.64 |
| 60 trading days | C$2.43 | C$2.24 – C$2.63 |
| 90 trading days | C$2.36 | C$2.14 – C$2.60 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-03-24 | — | -0.0600 | — |
| 2026-09-30 | 2026-11-06 | -0.1700 | -0.0500 | -240.0% |
| 2026-06-30 | 2026-08-11 | 0.3600 | 0.0500 | +620.0% |
| 2026-03-31 | 2026-05-13 | 0.0200 | 0.0600 | -66.7% |
| 2025-12-31 | 2026-03-24 | -0.1300 | 0.0200 | -750.0% |
| 2025-09-30 | 2025-11-12 | -0.0011 | 0.0400 | -102.8% |
Investor takeaway: The earnings miss points to a tough quarter, but it doesn’t capture the full operating picture. Revenue and gross profit from continuing operations rose from a year earlier, while adjusted EBITDA declined and the consolidated loss widened. Investors should consider Cortland’s operating results separately from investment-value changes, financing costs, and corporate expenses. Aimia had C$152.5 million in cash and cash equivalents at quarter-end, down from C$294.5 million on June 30. The decline was mainly due to a C$131.4 million payment of principal on tendered 9.75% senior notes. For more company data, visit the Aimia stock page.
C$0.17 loss per share
Aimia’s loss per share was C$0.12 worse than the estimated C$0.05 loss, a 240% miss. Operating results were mixed: revenue from continuing operations rose to C$45.6 million, while adjusted EBITDA fell to C$3.2 million.
Bull case
Revenue from continuing operations rose 21.3% to C$45.6 million. Gross profit increased 25.3% to C$10.4 million, and gross margin improved to 22.8% from 22.1%. Aimia said higher pricing surcharges and stronger sales volumes in some key Cortland customer segments drove the revenue growth. Management also reported better Cortland performance after making changes to the team. Equity attributable to common shareholders per share, a non-GAAP measure, rose to C$3.55 from C$3.28 a year earlier. Aimia invested C$15.5 million in public companies and bought back 278,900 common shares for C$0.7 million.
Bear case
Adjusted EBITDA from continuing operations fell 8.6% to C$3.2 million. Aimia cited one-time legal and professional fees tied to strategic initiatives and its multi-listing. The company went from C$3.0 million in earnings a year earlier to a consolidated net loss of C$14.3 million. Aimia said the decline partly reflected an C$8.3 million unrealized fair-value loss on its Clear Media investment and C$4.8 million in deferred financing costs related to redeeming its 9.75% senior unsecured notes. Cash and cash equivalents fell C$142.0 million from the previous quarter, largely because of the note redemption. The loss per share also extends a volatile recent record: Aimia beat estimates in one of the last four comparable quarters, with estimates and results varying widely.
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