Weekly Update #6 - Week Ending 03/08/26
Studs, Duds & On Our Radar | Featuring $ARE.TO, $MYE, $ITRN, $IFA.TO, $CVU, $FTK and others.
A look inside our Microcap Quality Index (MSMqi) platform to help you manage, navigate, and know what’s going on with stocks in our Microcap Quality Index (MSMqi) and our Research Journal Pipeline:
Special Highlights
Studs, Duds & On Our Radar
News releases from stocks in the MSMqi using a research tool we built.
Information Arbitrage Tear Sheets on stocks in the MSMqi, using another tool we built to find info hiding in earnings calls.
Please let us know if this post helps you or if you have any suggestions on how to make it better. Don’t worry, we’re not going to bombard you with “noise” updates. Our plan is to send updates when we believe it will be beneficial to you.
Once again, thanks for your support and for helping our community grow!
Special Highlights
Research Journal Change
To standardize and expedite our research, we want to try a new format for our Research Journals. Stay tuned, we will give you a sneak peek of the new format tomorrow.
Studs
1) ARE.TO | North American Construction and Infrastructure Developer
Quarterly Results
ARE.TO announced Q4 2025 results, with revenue of C$1,541.2 million vs. C$1,267 million in the prior year, and adj. EPS of C$0.52 vs C$0.23 in the prior year. Additionally, backlog increased significantly to $10,714 million, up from $6,662 million in the previous year.
The big highlight for Aecon is its swing into profitability due to reduced losses on legacy fixed-price projects.
We’re also keeping an eye on them due to their exposure to the nuclear theme with growing work tied to reactor refurbishments and small modular reactor development at the Darlington Nuclear Generating Station, alongside long-term programs at the Bruce Nuclear Generating Station and Pickering Nuclear Generating Station, giving the company multi-year visibility in nuclear infrastructure.
Not a paid Subscriber yet? Try our low-risk monthly subscription for $29.00 (cancel anytime). We publish 1 to 3 New Cliff Notes per month.