EMERGE Commerce Ltd. , an acquirer and operator of profitable e-commerce brands and technologies, has released preliminary unaudited results for its financial third quarter ended September 30, 2026.
Select Preliminary Q3 2026 Financial Highlights (vs. Q3 2025):
- Revenue expected to be $7.4M vs. $7.0M, an increase of 5%
- Gross margin expected to be 38% vs. 34%
- Adj. EBITDA expected to be $313K vs. $261K, an increase of 20%
- Total Cash was $4.9M (September 30, 2026) vs. $4.1M (September 30, 2025). Total cash includes $1.0M in restricted cash held with Desjardins, scheduled for release at the facility’s one-year anniversary review
“Our preliminary Q3 results reflect continued progress, with Adjusted EBITDA expected to grow 20% year-over-year, alongside higher revenue and improved gross margins. Combined with our recently completed 7-year refinancing with Desjardins, which lowered our interest rate from 11.0% to 7.3%, we are building a stronger financial foundation,” said Ghassan Halazon, Founder and CEO, EMERGE.
EMERGE said it expects to file its full Q3 results in late November 2026.
EMERGE Commerce is an acquirer and operator of e-commerce brands and technologies across Direct-to Consumer and Business-to-Business segments. Its D2C portfolio spans our Grocery and Golf verticals. truLOCAL is its flagship Canadian meat and seafood subscription service. Its Golf vertical includes UnderPar (discounted golf experiences), JustGolfStuff and Tee 2 Green (discounted apparel and equipment). EMERGE B2B houses Viral Loops, itsreferral marketing platform.
In August, EMERGE reported higher revenue, gross profit and adjusted EBITDA in the second quarter, while its cash position also improved year over year.
The Toronto-based company said that revenue for the three months ended June 30 rose 7.4 per cent to $9.11 million from $8.48 million a year earlier, marking its ninth consecutive quarter of year-over-year revenue growth. Adjusted EBITDA increased 7.3 per cent to $1.03 million from $958,000, the seventh consecutive quarter of positive adjusted EBITDA.
Gross profit increased 14.8 per cent to $3.55 million from $3.09 million, while gross margin rose to 39 per cent from 36.5 per cent.
EMERGE also reported net income of $199,662 for the quarter, compared with $200,086 a year earlier. Its cash position stood at $4.8 million as of June 30, up from $3.5 million a year earlier.
