Maxim Power Corp. released financial and operating results for Q2 2025, showing revenue of $21,416, net income of $386, and Adjusted EBITDA of $6,183. Total generation was 416,488 MWh, with an average realized power price of $51.44 per MWh. Net debt was $40,382.

In Q2 2025, Maxim’s revenue and Adjusted EBITDA increased due to higher generation volumes and power prices. However, net income decreased because of unrealized losses on commodity swaps. In the first six months of 2025, revenue, Adjusted EBITDA, and net income decreased from 2024.

Adjusted EBITDA and Free Cash Flow are key non-GAAP financial measures used by Maxim to evaluate performance. Adjusted EBITDA was $6,183 for Q2 2025, adjusting for specific non-cash items. Free Cash Flow was $5,163, reflecting available cash for investments and operations.

Maxim Power Corp. is a leading independent power producer in Alberta, with a focus on power projects in the region. The company’s core asset is the 300 MW H.R. Milner Plant, M2. Maxim trades on the TSX under the symbol “MXG”. Forward-looking statements caution about potential risks and uncertainties affecting the company’s operations and financial results.

Read more at GlobeNewswire: Maxim Power Corp. Announces 2025 Second Quarter Financial