Omni-Lite Industries Canada Inc. reports operating and corporate developments for a precision component manufacturer serving aerospace and defense, transportation, and communication applications. The company trades as OLNCF on OTCQX and OML on the TSX Venture Exchange, and its updates commonly discuss revenue, adjusted EBITDA, free cash flow, bookings, backlog, and balance-sheet position.
Recurring news themes include performance in fasteners, precision investment castings, and electronic components; customer agreements for aircraft engine castings through Designed Precision Castings; contributions from the completed eComp acquisition; and governance matters such as annual meeting results, board composition, auditor appointments, and incentive plan approvals.
Omni-Lite Industries (OLNCF) granted 290,000 stock options and 60,000 restricted share units to certain directors and officers under its Long-Term Performance Incentive Plan. Each option is exercisable into one common share at C$2.83, equal to the five-day volume-weighted average closing price to September 9, 2026. Options and RSUs both vest in equal annual installments over three years from the grant date, and the options expire five years from grant. All LTIP securities are subject to TSX Venture Exchange policies.
Omni-Lite Industries (OTC: OLNCF) reported record second-quarter fiscal 2026 revenue of approximately US$4.8 million, a 39% increase year-over-year, driven mainly by organic growth in fasteners and electronic components. Net income reached US$518,000 versus a US$166,000 loss a year earlier, while Adjusted EBITDA rose to about US$926,000, implying a 19.3% margin.
Bookings for the quarter were approximately US$6.4 million, yielding a 1.34 book-to-bill ratio, and total backlog climbed to a record US$10.7 million, up US$4.9 million year-over-year. The company reported free cash flow of roughly US$117,000 and ended the quarter with US$3.1 million in cash and no debt. Year-to-date, revenue was US$9.2 million and Adjusted EBITDA US$1.8 million, with a 19.4% margin. The Board continues its CEO succession process while an interim CEO remains in place.
Omni-Lite Industries (OTC: OLNCF) reported Q1 2026 revenue of US$4.4 million, up 33% year over year. Adjusted EBITDA was US$858,100 with a 19.6% margin, and net income reached US$404,000 or US$0.03 per diluted share.
Free Cash Flow was US$172,566. Bookings were US$4.9 million, lifting backlog to a record US$9.1 million, 28% above March 31, 2025. Omni-Lite reported US$3.0 million in cash and no debt, while noting ongoing challenges at its casting operation.
Omni-Lite Industries (OTCQX: OLNCF) reported fourth-quarter and full-year fiscal 2025 results for the year ended December 31, 2025. Fourth-quarter revenue was US$4.1 million, up 15% year-over-year, and adjusted EBITDA was approximately US$61,000. Bookings hit a record US$19.5 million for fiscal 2025, with backlog of US$8.8 million at year-end. Cash totaled about US$2.8 million and the company had no outstanding debt. Fiscal 2025 revenue was US$14.9 million and net income for the year was US$118,151 (US$0.01 per diluted share).
Omni-Lite Industries Canada (OTCQX: OLNCF) announced a planned leadership transition and preliminary, unaudited fourth quarter fiscal 2025 results for the period ended Dec 31, 2025. The Board launched a CEO search while David Robbins will serve as Interim CEO and later focus on Monzite.
Preliminary Q4 metrics: Revenue ~US$4.1M, Adjusted EBITDA ~US$150,000, Bookings ~US$5.5M (book-to-bill 1.3) and backlog above US$8.0M. Results remain subject to quarter-end close and audit and may change.
Omni-Lite Industries (OTC: OLNCF) announced on December 9, 2025 that its subsidiary Designed Precision Castings (DP Cast) signed a new five-year agreement with a major global jet engine OEM to supply precision investment castings for multiple fixed- and rotary-wing aircraft engine platforms.
The agreement extends prior contracts with a long-standing customer and emphasizes DP Cast's operational excellence, quality, innovation, and reliable on‑schedule supply for aerospace precision castings.
Omni-Lite Industries (TSXV: OML; OTCQX: OLNCF) announced the results of its Annual General Meeting held on November 13, 2025.
Shareholders elected all management nominees to the board; the board now comprises David Robbins, Charles Samkoff, Roger Dent, Patrick Hutchins, Jan Holland and Alexandre Ryzhikov. Shareholders also voted to re-appoint the company's auditors and to approve a new long term incentive plan for the ensuing year. For full details, refer to the company’s management information circular on SEDAR+.
Omni-Lite (OLNCF) reported third quarter fiscal 2025 results for the period ending September 30, 2025, with Q3 revenue of US$4.0 million (up 16.8% sequentially), Adjusted EBITDA of ~US$325,000, and Q3 free cash flow of ~US$116,000. Cash on hand was US$3.0 million with no debt outstanding. Q3 bookings were US$5.5 million, producing a record backlog of US$7.1 million and a book-to-bill of 1.36. Year-to-date highlights include US$10.8 million revenue, Adjusted EBITDA of ~US$828,000, and free cash flow of ~US$627,000. Management noted strong fastener bookings, more normalized electronics revenue, and pending pricing changes for jet engine casting contracts.
Omni-Lite Industries (TSXV: OML) has nominated Alexandre Ryzhikov, CFA, for election to its Board of Directors at the upcoming Annual General Meeting. Ryzhikov is currently a Partner and Portfolio Manager at LionGuard Capital Management, where he leads the firm's Engaged Ownership Strategy.
As a potential board member, Ryzhikov brings significant capital markets experience and perspective as a large shareholder. He currently serves as a Director of McCoy Global Inc. and previously held a directorship at Apteryx Imaging, demonstrating his experience in corporate governance.
Omni-Lite Industries (TSXV: OML) reported its Q2 2025 financial results, highlighting the successful acquisition of eComp in April 2025. The company achieved revenue of US$3.5 million, representing a 5% increase from Q1 2025. Key financial metrics include Adjusted EBITDA of US$95,000 and Free Cash Flow of US$170,000.
The company maintains a strong cash position of US$2.9 million with no debt, representing a US$1.2 million increase year-over-year. The backlog stands at US$6.3 million, up US$1.6 million from Q2 2024. Notably, the company secured new orders worth US$1.4 million for critical U.S. defense platforms, including PAC-3 and AEGIS programs, with deliveries expected through early 2026.