Calian Group Ltd
TSX:CGY
Calian Group Ltd
Calian Group Ltd. engages in the provision of business and technology services to industry and government in Canada and around the world. The company is headquartered in Kanata, Ontario and currently employs 4,500 full-time employees. Its segments include Advanced Technologies, Health, Learning and Information Technology. The Advanced Technologies segment provides products, technologies and manufacturing services and solutions for the space, communications, defense, nuclear, government and agriculture sectors. The Advanced Technologies segment also develops antenna systems for radio astronomy, radar, electronic warfare, deep space and satellite communication. The Health segment manages a network of health care professionals delivering primary care and occupational health services to public and private sector clients. The Learning segment is a provider of emergency management, consulting and specialized training services and solutions. The Information Technology segment supports public and private-sector customers in the delivery of information technology (IT) and cyber security solutions.
Calian Group Ltd. engages in the provision of business and technology services to industry and government in Canada and around the world. The company is headquartered in Kanata, Ontario and currently employs 4,500 full-time employees. Its segments include Advanced Technologies, Health, Learning and Information Technology. The Advanced Technologies segment provides products, technologies and manufacturing services and solutions for the space, communications, defense, nuclear, government and agriculture sectors. The Advanced Technologies segment also develops antenna systems for radio astronomy, radar, electronic warfare, deep space and satellite communication. The Health segment manages a network of health care professionals delivering primary care and occupational health services to public and private sector clients. The Learning segment is a provider of emergency management, consulting and specialized training services and solutions. The Information Technology segment supports public and private-sector customers in the delivery of information technology (IT) and cyber security solutions.
Record Quarter: Calian delivered record Q1 revenue of $208 million and adjusted EBITDA of $23 million, both new company highs for a first quarter.
Growth Drivers: Revenue grew 12% year-over-year (6% organic), with strong demand in Defense & Space and Essential Industries, and contributions from recent acquisitions.
Margin Expansion: Adjusted EBITDA margin rose to 11%, up from 9.6% last year, helped by cost optimization and business mix improvements.
Backlog Strength: $171 million in new signings and a backlog of $1.4 billion provide a solid base for future growth.
Stable Outlook: Fiscal 2026 guidance for double-digit revenue and EBITDA growth is unchanged; management targets 10–15% annual revenue growth ahead.
Capital Deployment: M&A remains the top priority, with a robust pipeline and financial flexibility; $3 million returned to shareholders via dividends.
Operational Focus: The company’s new two-segment structure aims to increase clarity, synergy, and transparency.
