Evertz Technologies Limited Exceeds Half Billion in Annual Revenue in Fiscal 2025
Evertz Technologies (TSX: ET) reported its fiscal 2025 results, achieving a significant milestone with annual revenue exceeding half a billion dollars at $501.6 million. The company's reoccurring software, services, and other software revenue grew 18% to $222.6 million, representing 44% of total revenue. The US/Canada region saw an 11% increase in revenue to $374.4 million.
For Q4 2025, revenue reached $127.8 million, up 4% year-over-year, with net earnings of $13.0 million and EPS of $0.17. The company maintained strong liquidity with $111.7 million in cash and declared a quarterly dividend of $0.20 per share. Purchase order backlog stood at $259 million at the end of May 2025.
Evertz Technologies (TSX: ET) ha comunicato i risultati fiscali del 2025, raggiungendo un traguardo importante con ricavi annui superiori a mezzo miliardo di dollari, pari a 501,6 milioni di dollari. I ricavi ricorrenti da software, servizi e altri software sono cresciuti del 18%, raggiungendo 222,6 milioni di dollari e rappresentando il 44% del totale dei ricavi. La regione USA/Canada ha registrato un aumento dell’11% dei ricavi, arrivando a 374,4 milioni di dollari.
Nel quarto trimestre del 2025, i ricavi hanno raggiunto 127,8 milioni di dollari, con una crescita del 4% rispetto all’anno precedente, utili netti pari a 13,0 milioni di dollari e un utile per azione (EPS) di 0,17 dollari. L’azienda ha mantenuto una solida liquidità con 111,7 milioni di dollari in contanti e ha dichiarato un dividendo trimestrale di 0,20 dollari per azione. Al termine di maggio 2025, l’ordine arretrato di acquisti ammontava a 259 milioni di dollari.
Evertz Technologies (TSX: ET) informó sus resultados fiscales del 2025, alcanzando un hito importante con ingresos anuales que superaron los quinientos millones de dólares, llegando a 501,6 millones de dólares. Los ingresos recurrentes por software, servicios y otros software crecieron un 18% hasta 222,6 millones de dólares, representando el 44% del total de ingresos. La región de EE.UU./Canadá experimentó un aumento del 11% en ingresos, alcanzando los 374,4 millones de dólares.
En el cuarto trimestre de 2025, los ingresos alcanzaron 127,8 millones de dólares, un aumento del 4% interanual, con ganancias netas de 13,0 millones de dólares y un BPA de 0,17 dólares. La compañía mantuvo una sólida liquidez con 111,7 millones de dólares en efectivo y declaró un dividendo trimestral de 0,20 dólares por acción. Al final de mayo de 2025, el pedido pendiente de compra era de 259 millones de dólares.
Evertz Technologies (TSX: ET)는 2025 회계연도 실적을 발표하며 연간 매출이 5억 달러를 넘는 중요한 이정표를 달성했습니다. 총 매출은 5억 1,600만 달러에 달했습니다. 소프트웨어, 서비스 및 기타 소프트웨어의 반복 매출은 18% 증가한 2억 2,260만 달러로 전체 매출의 44%를 차지했습니다. 미국/캐나다 지역 매출은 11% 증가하여 3억 7,440만 달러를 기록했습니다.
2025년 4분기 매출은 1억 2,780만 달러로 전년 대비 4% 증가했으며, 순이익은 1,300만 달러, 주당순이익(EPS)은 0.17달러였습니다. 회사는 1억 1,170만 달러의 현금을 보유하며 강력한 유동성을 유지했고, 주당 0.20달러의 분기 배당금을 선언했습니다. 2025년 5월 말 기준 구매 주문 잔액은 2억 5,900만 달러였습니다.
Evertz Technologies (TSX : ET) a publié ses résultats fiscaux pour l'exercice 2025, franchissant une étape importante avec un chiffre d'affaires annuel dépassant un demi-milliard de dollars, soit 501,6 millions de dollars. Les revenus récurrents issus des logiciels, services et autres logiciels ont augmenté de 18% pour atteindre 222,6 millions de dollars, représentant 44 % du chiffre d'affaires total. La région États-Unis/Canada a enregistré une hausse de 11% de ses revenus, atteignant 374,4 millions de dollars.
Au quatrième trimestre 2025, le chiffre d'affaires s'est élevé à 127,8 millions de dollars, en hausse de 4 % par rapport à l'année précédente, avec un bénéfice net de 13,0 millions de dollars et un BPA de 0,17 dollar. L'entreprise a maintenu une forte liquidité avec 111,7 millions de dollars en liquidités et a déclaré un dividende trimestriel de 0,20 dollar par action. Le carnet de commandes s'élevait à 259 millions de dollars fin mai 2025.
Evertz Technologies (TSX: ET) meldete seine Geschäftsergebnisse für das Geschäftsjahr 2025 und erreichte einen bedeutenden Meilenstein mit einem Jahresumsatz von über einer halben Milliarde Dollar, nämlich 501,6 Millionen Dollar. Die wiederkehrenden Umsätze aus Software, Dienstleistungen und sonstiger Software wuchsen um 18% auf 222,6 Millionen Dollar und machten 44 % des Gesamtumsatzes aus. Die Region USA/Kanada verzeichnete einen Umsatzanstieg von 11% auf 374,4 Millionen Dollar.
Im vierten Quartal 2025 erreichte der Umsatz 127,8 Millionen Dollar, ein Plus von 4 % gegenüber dem Vorjahr, mit einem Nettogewinn von 13,0 Millionen Dollar und einem Gewinn je Aktie (EPS) von 0,17 Dollar. Das Unternehmen hielt eine starke Liquidität mit 111,7 Millionen Dollar in bar und erklärte eine Quartalsdividende von 0,20 Dollar je Aktie. Der Auftragsbestand belief sich Ende Mai 2025 auf 259 Millionen Dollar.
- Annual revenue exceeded half billion dollars at $501.6 million
- Reoccurring software revenue grew 18% to $222.6 million, now 44% of total revenue
- US/Canada revenue increased 11% to $374.4 million
- Strong cash position of $111.7 million, up from $86.3 million year-over-year
- Robust purchase order backlog of $259 million
- Gross margin percentage improved to 59.5% from 58.8% year-over-year
- Net earnings decreased to $59.7 million from $71.0 million in previous year
- International revenue declined by $49.4 million to $127.2 million
- Research and development expenses increased to $146.8 million from $134.8 million
- EPS decreased to $0.77 from $0.91 year-over-year
- Cash generated from operations declined to $98.9 million from $144.7 million
Burlington, Ontario--(Newsfile Corp. - June 25, 2025) - Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, today reported its results for the fourth quarter and year ended April 30, 2025.
Fiscal 2025 Highlights
- Annual Revenues in excess of a half billion dollars, totaling
$501.6 million for the year - Reoccurring software, services and other software of
$222.6 million , an increase of18% from the prior year and representing44% of total revenue in fiscal 2025 - Canada/US revenue of
$374.4 million , an increase of11% or$36.4 million from the prior year - Earnings from operations of
$81.5 million - Net earnings of
$59.7 million for the year - Fully diluted earnings per share of
$0.77 for the year
Fourth Quarter 2025 Highlights
- Quarterly revenue of
$127.8 million an increase of4% from the prior year - Reoccurring software, services and other software of
$56.1 million , an increase of18% from the prior year - Earnings from operations before foreign exchange ("FX") of
$23.8 million , an increase of39% from the prior year - Net earnings of
$13.0 million for the quarter - Fully diluted earnings per share of
$0.17 for the quarter - Cash and cash equivalents of
$111.7 million
Selected Financial Information
Consolidated Statement of Earnings Data
(in thousands of dollars, except earnings per share and share data)
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Selected Financial Information
Consolidated Balance Sheet Data
(in thousands of dollars)
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Revenue
For the quarter ended April 30, 2025, revenues were
For the year ended, April 30, 2025, sales were
Gross Margin
For the quarter ended April 30, 2025, gross margin was
For the year ended April 30, 2025, gross margin was
Earnings
For the quarter ended April 30, 2025, net earnings were
For the year ended April 30, 2025, net earnings were
For the quarter ended April 30, 2025, earnings per share on a fully-diluted basis were
For the year ended April 30, 2025, earnings per share on a fully-diluted basis were
Operating Expenses
For the quarter ended April 30, 2025, selling and administrative expenses were
For the year ended April 30, 2025, selling and administrative expenses were
For the quarter ended April 30, 2025, gross research and development expenses were
For the year ended April 30, 2025, gross research and development expenses were
Liquidity and Capital Resources
The Company's working capital as at April 30, 2025 was
Cash was
Cash generated from operations was
Cash generated by operations was
For the quarter, the Company used
For the year, the Company used
For the quarter ended, the Company used cash in financing activities of
For the year ended April 30, 2025, the Company used cash in financing activities of
Shipments and Backlog
At the end of May 2025, purchase order backlog was in excess of
Dividend Declared
Evertz Board of Directors declared a regular quarterly dividend on June 25, 2025 of
The dividend is payable to shareholders of record on July 4, 2025 and will be paid on or about July 11, 2025.
Selected Consolidated Financial Information
(in thousands of dollars, except earnings per share and percentages)
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Forward-Looking Statements
The report contains forward-looking statements reflecting Evertz's objectives, estimates and expectations. Such forward looking statements use words such as "may", "will", "expect", "believe", "anticipate", "plan", "intend", "project", "continue" and other similar terminology of a forward-looking nature or negatives of those terms.
Although management of the Company believes that the expectations reflected in such forward-looking statements are reasonable, all forward-looking statements address matters that involve known and unknown risks, uncertainties and other factors. Accordingly, there are or will be a number of significant factors which could cause the Company's actual results, performance or achievements, or industry results to be materially different from any future results performance or achievements expressed or implied by such forward-looking statements.
Conference Call
The Company will hold a conference call with financial analysts to discuss the results on June 25, 2025 at 5:00 p.m. (EDT). Media and other interested parties are invited to join the conference call in listen-only mode. The conference call may be accessed by dialing 289-514-5100 or toll-free (North America) 1-800-717-1738.
For those unable to listen to the live call, a rebroadcast will also be available until July 25, 2025. The rebroadcast can be accessed at 289-819-1325 or toll-free 1-888-660-6264. The passcode for the rebroadcast is 05484#.
About Evertz
Evertz Technologies Limited (TSX: ET) designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. The Company's solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, and high and ultra-high definition television ("HDTV" and "UHD") and next generation high bandwidth low latency IP network environments and by telecommunications and new-media companies. The Company's products allow its customers to generate additional revenue while reducing costs through efficient signal routing, distribution, monitoring and management of content as well as the automation and orchestration of more streamlined and agile workflow processes on premise and in the "Cloud".
For further information, please contact:
Doug Moore, CPA, CA
Chief Financial Officer
(905) 335-3700
ir@evertz.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256836
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