AirBoss of America Corp. reports developments across its custom rubber compounding, rubber-molded products and survivability solutions businesses. The company operates through AirBoss Rubber Solutions and AirBoss Manufactured Products, including AirBoss Defense operations that supply personal and respiratory protective equipment, technology and related products for defense, healthcare, medical and first responder markets.
Recurring news for ABSSF includes quarterly and annual results, adjusted EBITDA and balance sheet commentary, dividend declarations, annual meeting matters, board changes and defense-product orders such as Low Burden Masks, filters and accessories. Updates also discuss customer demand across automotive, defense and other industrial sectors, manufacturing footprint optimization and operating conditions affecting rubber and molded-product markets.
AirBoss of America (ABSSF) returned to profit in the third quarter of 2026, reporting net income of US$1.533 million. Basic earnings were US$0.06 per share versus a US$0.11 loss a year earlier. Sales fell 1.7% to US$98.692 million, while adjusted EBITDA, a non-IFRS earnings measure, rose to US$8.082 million from US$7.313 million. Gross margin increased to 17.3% from 16.4%.
Rubber Solutions sales rose, but Manufactured Products sales declined after earlier defense deliveries ended. New defense orders total up to US$16.9 million, with deliveries expected in late 2026 and early 2027. AirBoss expects rubber-molded production awards secured during 2026 to generate up to US$100 million over five years. Renewed credit facilities offer improved pricing and mature in September 2031. Quarterly operating cash flow turned negative, and net debt rose to US$77.830 million from US$67.573 million at year-end.
AirBoss of America (ABSSF) will release its third quarter 2026 financial results after markets close on November 4, 2026. A conference call to discuss the results will follow on November 5, 2026, at 9:00 am ET.
AirBoss of America (ABSSF) secured a five-year Bandolier framework contract with a NATO partner nation and an initial delivery order worth up to US$12.5 million. The framework includes an option to renew for another five years. Bandolier is a lightweight, modular energetic system for mobility, counter-mobility and survivability missions.
AirBoss expects Bandolier deliveries in the fourth quarter of 2026 and first half of 2027, subject to customary conditions. AirBoss Defense Group also received orders from several NATO partner nations for AirBoss Molded Gloves and Molded AirBoss Lightweight Overboots worth up to US$4.4 million, with deliveries expected during 2026 and 2027.
AirBoss of America (ABSSF) renewed and amended its senior secured credit facilities, with both now maturing September 24, 2031. The facilities comprise a revolving asset-based credit facility agented by The Toronto-Dominion Bank and a non-revolving term loan with Great Rock Capital Partners. The existing split-collateral structure remains substantially unchanged. AirBoss expects improved pricing and greater flexibility for acquisitions and other transactions under the revised covenant package.
AirBoss of America (OTCQX:ABSSF) announced the appointment of Leslie Graves, Co-Head of Capital Markets at R. Seelaus & Co., to its Board of Directors, effective August 27, 2026. Graves brings over 30 years of capital markets, debt origination and trading experience across several financial institutions.
AirBoss of America (OTCQX: ABSSF, TSX: BOS) reported Q2 2026 net sales of $107,906, up 9.4% year-over-year, and profit of $2,512 versus $2,265 in Q2 2025. Basic profit per share rose to $0.09 from $0.08. Adjusted EBITDA was $9,523, compared with $10,242 a year earlier, reflecting the absence of a prior-year $3.7 million legal settlement.
Year-to-date, net sales increased 4.9% to $213,673 and profit rose to $4,611 from $1,857. Gross margin improved to 17.4% in Q2 2026 from 16.4%. Rubber Solutions Q2 sales grew 10.7% to $56,404 with 16.4% higher volumes, while Manufactured Products sales increased 13.9% to $62,659, driven by defense and molded rubber products. Free cash flow for Q2 was negative $2,199, with net cash from operating activities of $1,848.
The company ended June 30, 2026 with total assets of $290,721, debt of $88,090, net debt of $72,881, and shareholders’ equity of $119,392. The Board declared a quarterly dividend of C$0.035 per share payable October 15, 2026, and appointed Ryan Voegeli to the Board, succeeding retiring director Robert McLeish.
AirBoss of America (OTCQX: ABSSF, TSX: BOS) will release its second quarter 2026 financial results after markets close on August 5, 2026. A conference call to discuss the results will be held on Thursday, August 6, 2026 at 9:00 am ET, accessible via phone and webcast.
AirBoss (OTCQX: ABSSF) announced results of its Annual General Meeting held May 7, 2026 in Waterloo, Ontario. All nominees named in the April 10, 2026 notice were elected as directors, with vote tallies reported for each nominee. KPMG LLP was appointed as auditors by shareholder vote.
Detailed vote counts and percentages were disclosed for each director and for the auditor appointment.
AirBoss (OTCQX: ABSSF) reported Q1 2026 results with consolidated net sales of $105,767k, profit of $2,099k and Adjusted EBITDA of $9,123k (up 13.6% YoY). Net debt was $69,185k and the board declared a quarterly dividend of CAD$0.035 per share. Manufactured Products sales rose, driven by defense contract deliveries, while Rubber Solutions sales and margins contracted amid market softness and tariff-related headwinds.
AirBoss (OTCQX: ABSSF) announced its Annual General Meeting will be held on May 7, 2026 at 11:00 am EDT, and that it intends to release Q1 2026 earnings prior to the Meeting on May 6, 2026. The Meeting is available by webcast or telephone.
Shareholders are encouraged to vote in advance by 11:00 am (EDT) on May 5, 2026 and to use the proxy or voter instruction form included with Meeting materials. Webcast includes a facility for shareholders to submit questions.