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Firan Tech ( (TSE:FTG) ) has provided an announcement.
Firan Technology Group reported strong 2025 results, with revenue up 18% to $191 million, bookings rising 14% to $209.9 million, and backlog increasing 21% to $148.5 million, reflecting robust demand across its programs. Profitability also improved, as adjusted EBITDA grew 27% to $32.7 million and adjusted net earnings rose 31% to $13.5 million, while the company maintained a solid balance sheet with modest net debt.
Fourth-quarter revenue climbed 14.2% to $51.7 million and gross margin reached 30.5%, though adjusted net earnings slipped slightly due to higher amortization from the FLYHT acquisition and foreign exchange losses. Operationally, FTG advanced key strategic initiatives, including qualifying for major classified defence programs, ramping deliveries for the C919 and DHC-515 aircraft, bringing FLYHT’s AFIRS Edge+ into in-house production, and strengthening its leadership and board, positioning the company for continued growth in aerospace and defence markets.
The most recent analyst rating on (TSE:FTG) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Firan Tech stock, see the TSE:FTG Stock Forecast page.
Spark’s Take on TSE:FTG Stock
According to Spark, TipRanks’ AI Analyst, TSE:FTG is a Outperform.
Firan Tech’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. Technical indicators show moderate bullish momentum, while valuation is fair. Challenges such as aerospace transition delays and tariff uncertainties are notable risks.
To see Spark’s full report on TSE:FTG stock, click here.
More about Firan Tech
Firan Technology Group is a Toronto-based manufacturer serving the aerospace and defence sectors with circuit boards and cockpit control assemblies. The company is expanding its global footprint, supplying programs such as China’s C919 jet and De Havilland’s DHC-515 aircraft, while integrating avionics connectivity products from its 2025 acquisition of FLYHT.
Average Trading Volume: 63,276
Technical Sentiment Signal: Buy
Current Market Cap: C$385.2M
See more data about FTG stock on TipRanks’ Stock Analysis page.