ATWEC Technologies, Inc. (OTCID:ATWT) Reports Third Quarter 2026 Revenue of $12.46 Million, Up 37% Year-over-Year

Revenue grew year over year in every month of the quarter, with July recording the largest percentage increase.

Rhea-AI Summary

ATWEC Technologies (ATWT) reported third-quarter 2026 revenue of $12.46 million, up 37.1% from the same quarter a year earlier.

Unaudited revenue for the quarter ended September 30, 2026, totaled $12,462,224, compared with $9,088,211 in 2025, an increase of $3,374,013. The company said revenue exceeded its August 21 projection of more than $10 million by over $2.4 million.

July revenue rose 50.0% year over year to $5,945,469. August revenue increased 17.7% to $2,931,801, while September revenue grew 36.1% to $3,584,954. ATWEC attributed the quarter's growth to execution across its asphalt paving, concrete, civil infrastructure and road maintenance operations during the peak Western Canadian construction season. The business operates through its subsidiary, Park-Aid Asphalt and Maintenance.

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Positive

• Major pointThird-quarter revenue increased 37.1% year over year to $12,462,224.
• Minor pointQ3 revenue beat the company's projection of more than $10 million by over $2.4 million.
• Minor pointJuly revenue grew 50.0% year over year, the quarter's largest monthly percentage increase.
• Minor pointSeptember revenue increased 36.1% year over year.
• Minor pointAugust revenue rose 17.7% year over year.

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• None.

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EDMONTON, AB / ACCESS Newswire / November 10, 2026 / ATWEC Technologies, Inc. (OTCID:ATWT) ("ATWEC" or the "Company"), the parent company of Park-Aid Asphalt and Maintenance Ltd. ("Park-Aid"), today announced revenue results for its third quarter ended September 30, 2026, reporting total revenue of $12,462,224, an increase of $3,374,013, or 37.1%, compared to $9,088,211 for the third quarter ended September 30, 2025.

The third quarter results represent a decisive step up from the prior year and significantly exceed the guidance the Company issued on August 21, 2026, when management projected Q3 revenue to exceed $10 million. Actual Q3 revenue surpassed that projection by more than $2.4 million, or approximately 24.6%.

Third Quarter 2026 Highlights

• Q3 revenue of $12.46 million, up 37.1% from $9.09 million in third quarter ended September 30, 2025.
• Year-over-year growth in every month of the quarter - July, August and September 2026 each outperformed the same month in 2025.
• July 2026 revenue of $5.95 million, up 50.0% from $3.96 million in July 2025.
• September 2026 revenue of $3.58 million, up 36.1% from $2.63 million in September 2025.
• Beat of the Company's Q3 projection of more than $10 million by over $2.4 million.

Quarterly Revenue Comparison (Unaudited)

Period		2026				2025				$ Change				% Change
Month ended July 31		$	5,945,469			$	3,964,122			$	+1,981,347			+50.0	%
Month ended August 31		$	2,931,801			$	2,490,034			$	+441,767			+17.7	%
Month ended September 30		$	3,584,954			$	2,634,055			$	+950,899			+36.1	%
Quarter ended September 30		$	12,462,224			$	9,088,211			$	+3,374,013			+37.1	%

Growth Across the Quarter

The Company's third quarter performance was driven by strong execution across its asphalt paving, concrete, civil infrastructure and road maintenance operations during the peak of the Western Canadian construction season. July revenue of $5,945,469 increased by nearly $2 million, or 50.0%, over July 2025. August revenue of $2,931,801 rose 17.7% over the prior-year month, and September revenue of $3,584,954 grew 36.1% year-over-year, demonstrating sustained momentum through the close of the quarter.

"The third quarter was a breakout quarter for our company. We grew revenue 37% over the same quarter last year, adding more than $3.3 million to the top line, and we beat our own $10 million projection by over $2.4 million. Every single month of the quarter came in ahead of last year, led by a 50% jump in July. These results reflect the strength of our crews, the depth of our project backlog, and the trust our public-sector, commercial and industrial clients place in us. We delivered exactly what we told our shareholders said we would - and then some - and we are focused on carrying this momentum through the remainder of 2026 and into 2027."

- Jeff Eales, Chief Executive Officer, ATWEC Technologies, Inc.

About ATWEC Technologies, Inc.

ATWEC Technologies, Inc. (OTCID:ATWT), through its wholly owned subsidiary Park-Aid Asphalt and Maintenance Ltd., is a diversified infrastructure and construction services company operating in Western Canada. The Company provides asphalt paving, concrete construction, earthworks, underground utilities, civil infrastructure, land development, road maintenance, milling and traffic-management services to public-sector, commercial, industrial and residential clients. The Company is currently undertaking a corporate rebranding to better reflect its expanded operations and long-term growth strategy. For more information, please visit www.park-aid.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws, including statements regarding business momentum, project backlog, and business outlook. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to project timing and execution, seasonality, customer billing and collection, market and economic conditions, and other risks detailed in the Company's filings. The revenue figures in this press release are unaudited and subject to adjustment upon completion of the Company's financial statement review. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Investor Relations Contact

Request for Corporate Investor Relations Information: Ir@park-aid.com

SOURCE: ATWEC Technologies, Inc.

View the original press release on ACCESS Newswire

FAQ

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How much did ATWEC Technologies revenue grow in the third quarter of 2026?

ATWEC's third-quarter 2026 revenue increased 37.1% to $12,462,224 from $9,088,211 a year earlier. The unaudited figures cover the quarter ended September 30, 2026.

Did ATWT beat its third-quarter 2026 revenue projection?

ATWEC said third-quarter revenue beat its projection by over $2.4 million. On August 21, 2026, management had projected Q3 revenue to exceed $10 million; actual revenue totaled $12,462,224.