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Atlas Engineered Products Ltd. (AEP:CA) Q1 2026 Earnings ...
SA Transcripts · 2026-05-26 · via All Articles on Seeking Alpha

Q1: 2026-05-22 Earnings Summary

EPS of -$0.02 beats by $0.00

 | 

Revenue of

$9.30M

(-15.57% Y/Y)

beats by $496.08K

Atlas Engineered Products Ltd. (AEP:CA) Q1 2026 Earnings Call May 25, 2026 11:00 AM EDT

Company Participants

Mohammad Abassi - Founder, CEO, President & Director
Melissa MacRae - Chief Financial Officer

Conference Call Participants

Jake Bouma
Russell Stanley - Beacon Securities Limited, Research Division
Frederic Tremblay - Desjardins Securities Inc., Research Division
Nicholas Boychuk - ATB Cormark Capital Markets Inc., Research Division

Presentation

Jake Bouma

Good morning, everyone. Welcome, and thank you for joining Atlas Engineered Products Q1 2026 Earnings Call. I am Jake Bouma, an IR consultant for AEP. Today on the line discussing AEP's Q1 and 2026 financial results and company highlights are the company's President, CEO and Founder, Hadi Abassi; and CFO, Melissa MacRae.

Following the remarks, we will open up the call for an analyst Q&A session. Before handing over the call to Hadi, please note that information we present today could contain forward-looking information that is based on management's expectations, estimates and projections. Please consider the risk factors, including those in the filings made by AEP on SEDAR when reviewing this information. Also, all amounts discussed will be in Canadian dollars unless otherwise noted.

Hadi, please proceed with your remarks.

Mohammad Abassi
Founder, CEO, President & Director

Thank you, Jake, and good morning, everyone, and thank you for joining us. The first quarter of 2026 presented a challenging operation -- operating environment driven by different market -- difficult market condition in Ontario and British Columbia as well as more severe winter weather across much of Canada compared to recent years.

However, our team work very hard through this condition while continuing to prepare for a stronger remainder of the year. We made important progress on our first automation facility, advance our sales and design capabilities and continue to build order book. While near-term conditions remain competitive, we believe our scale across the