Accord Financial Corp. provides asset-based financial services to industrial and commercial enterprises in Canada and the U.S. While the company boasts a strong gross margin of 100%, it faces significant concerns with negative EBITDA and net margins, indicating operational inefficiencies. Additionally, a high debt-to-equity ratio of 2.54 raises questions about financial leverage and risk. The current and quick ratios suggest adequate liquidity, but the overall financial health score of 50/100 reflects underlying challenges that investors should consider.
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Revenue fell 40.3% year-over-year from $74.1M to $44.3M. The decline has persisted for multiple quarters.
Company posted a loss of $-34.1M over the last year, representing 76.9% of revenue.
Debt of $110.8M is 19.9x the company's cash position of $5.6M.
Gross margin expanded by 64.9 percentage points, indicating improved pricing power or cost efficiency.
Exceptional gross margin of 98.9% indicates strong pricing power and competitive moat.
Excellent operating cash flow margin of 224.8% indicates high-quality earnings.
Strong liquidity position with current ratio of 2.1x.
Strong free cash flow margin of 224.8% provides substantial resources for dividends, buybacks, or reinvestment.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
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Based on 2026-Q2 (June 30, 2026)