{"url":"https://newsforagent.com/news/2026-11-10/nova-leap-health-q3-2026-results","markdown_url":"https://newsforagent.com/news/2026-11-10/nova-leap-health-q3-2026-results.md","title":"Nova Leap Health Posts Record Q3 Revenue of $9.53 Million","headline":"Nova Leap Health's Q3 Revenue Hits Record $9.53 Million as Adjusted EBITDA Rises 28.3%","description":"Nova Leap Health reported record Q3 2026 revenue of $9.53 million, up 15.3%, and Adjusted EBITDA of $860,804.","section":"Earnings & Results","published_at":"2026-11-10T23:19:16+00:00","modified_at":"2026-11-10T23:19:16+00:00","author":"News Desk","key_takeaways":["Nova Leap Health's Q3 2026 revenue of $9.5 million rose 15.3% year over year, including 8.2% organic growth.","Adjusted EBITDA increased 28.3% to $860,804, and trailing twelve-month revenue reached a record $34.9 million.","The company has access to up to $3 million in available credit for business acquisitions through its existing credit agreement."],"companies":[{"name":"Nova Leap Health","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00064tm/nova-leap-health","website":"https://novaleaphealth.com"}],"source":{"publisher":"GlobeNewswire","title":"Nova Leap Health Corp. Posts Q3 2026 Results","url":"https://www.globenewswire.com/news-release/2026/11/10/3400363/0/en/nova-leap-health-corp-posts-q3-2026-results.html"},"other_sources":[],"tags":["Earnings & Results","Nova Leap Health"],"body_markdown":"Nova Leap Health Corp. reported third-quarter 2026 revenue of $9.5 million, up 15.3% from $8.3 million a year earlier, and Adjusted EBITDA of $860,804, up 28.3%. The Halifax-based home and community care provider announced the results on November 10, 2026, according to [GlobeNewswire](https://www.globenewswire.com/news-release/2026/11/10/3400363/0/en/nova-leap-health-corp-posts-q3-2026-results.html).\n\n## Nova Leap's Record Quarter and Cash Position\n\n[Nova Leap Health](https://akta.pro/company-profiles/00064tm/nova-leap-health) said the quarter's revenue was the highest in its history. Organic revenue growth was 8.2% over the third quarter of 2025. Trailing twelve-month revenue for the period from October 1, 2025 to September 30, 2026 was $34.9 million, also a company record.\n\nGross profit margin was 39.9% of revenue in the quarter, compared with 39.6% a year earlier. Income from operating activities rose 54.2% to $645,562 from $418,553. Net income was $333,771, down from $426,171 in the third quarter of 2025.\n\nNova Leap held $1.9 million in available cash as of September 30, 2026, along with full access to an unutilized revolving credit facility of $1.1 million (CAD$1,500,000). Total principal on demand loans and promissory notes outstanding was $3.4 million, a debt-to-trailing twelve-month Adjusted EBITDA ratio of 1.21x.\n\n\"The Q3 results provide further evidence that the strategy we have been pursuing is producing results,\" said Chris Dobbin, President & CEO. \"Nova Leap is scaling and getting stronger in the process.\" Dobbin said the company generated approximately $500,000 in free cash flow in each of the second and third quarters, excluding M&A.\n\n## Nova Leap's Acquisition Credit and Service Lines\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Nova Leap reported full-year 2025 consolidated revenues of $31.5 million, a 22.2% increase from 2024, and Adjusted EBITDA of $2.05 million, up 31%. The same records show the company launched a Care Management division in the United States in December 2025 and a Palliative Care division in Nova Scotia through its Earth Angels Home Care subsidiary in February 2026.\n\nNova Leap said it has access to up to $3 million in available credit for business acquisitions through its existing credit agreement. Dobbin said the company is also investing in new locations, including Lexington, Kentucky in 2025 and Waltham, Massachusetts this past June.\n\n## Earlier Results and Investor Presentation\n\nNova Leap reported record second-quarter 2026 results with revenue of $9.39 million, a 17.1% increase year over year, alongside a 65.2% surge in Adjusted EBITDA to $954,836, according to Financial Post. Income from operating activities in that quarter more than doubled to $754,667.\n\nIn October 2026, the Financial Post reported that Dobbin would present at the Planet MicroCap Showcase in Toronto on October 28, 2026, highlighting the company's record second-quarter financial results.\n\n## Nova Leap's Planned Nursing Launch\n\nNova Leap said private nursing is planned to follow its launches of care management and palliative care. The company said it entered its second decade of operations last month.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}