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IM Cannabis Corp. (IMCC) Releases Q3 2026 Earnings: Revenue Down 88% and Losses Widen

Investivoq EarningsTracker

IM Cannabis Corp. $IMCC reported sharply lower revenue in the third quarter of 2026, with total revenue of $1.2 million, down 88% from a year earlier. Gross profit was negative at $(24,600), while operating loss widened to $(2.1 million).

The bottom line remained under pressure, with net loss attributable to common shareholders of $(5.0 million) and diluted earnings per share of $(7.13). Cash used in operating activities was $(174,200), indicating ongoing strain in day-to-day operations.

On the balance sheet, cash and cash equivalents rose to $1.7 million, and total liabilities fell to $11.8 million. Cost of sales declined to $1.2 million, reflecting the smaller revenue base, while capital spending was minimal at $1,400.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Investivoq.

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IM Cannabis Corp. Hedge Fund Activity

We have seen 5 institutional investors add shares of IM Cannabis Corp. stock to their portfolio, and 8 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • HRT FINANCIAL LP added 43,625 shares (+inf%) to their portfolio in Q3 2026, for an estimated $98,156
  • HIDDEN COVE WEALTH MANAGEMENT, LLC removed 14,290 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $32,152
  • JANE STREET GROUP, LLC removed 1,263 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $2,841
  • STONEX GROUP INC. removed 774 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $1,741
  • BANK OF MONTREAL /CAN/ removed 404 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $909
  • TD WATERHOUSE CANADA INC. removed 13 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $29
  • WILMINGTON SAVINGS FUND SOCIETY, FSB added 9 shares (+inf%) to their portfolio in Q3 2026, for an estimated $20

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.