August 15, 2025 - 08:32
Edmonton, Alberta - Bri-Chem Corp., a prominent player in the North American oilfield chemical distribution and blending sector, has announced its financial results for the second quarter of 2025. The company reported sales of $20.5 million, reflecting a 7% increase compared to $19.1 million during the same period in 2024. This growth signifies a positive trend in the company's market performance.
In terms of adjusted EBITDA, Bri-Chem achieved $1.0 million for the quarter, marking an impressive 48% increase from $706,000 in the same quarter of the previous year. This growth in adjusted EBITDA highlights the company's effective cost management and operational efficiency strategies.
For the first half of 2025, Bri-Chem reported total sales of $40.4 million, slightly down from $40.5 million in the first half of 2024. However, the adjusted EBITDA for this period saw a remarkable rise to $1.5 million, compared to just $264,000 in the first half of 2024, showcasing a substantial improvement in profitability. The company continues to focus on enhancing its service offerings and expanding its market reach in the oilfield chemical sector.
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