Strong Finish to Fiscal Year 2025
The company reported a strong finish to a transformational year with a 29% increase in backlog from Q3 and a 17% year-over-year increase. $50 million in new orders were booked in Q4 alone.
Commercial Segment Success
The Commercial segment saw orders increase by 31% for the year and 44% for Q4 compared to the previous year, driven by strong demand across all areas.
International Business Growth
International orders grew 32% from the previous year and more than doubled from Q4 of the previous year, with significant contributions from advertising markets in Saudi Arabia, UAE, Germany, and more.
Improved Operating Cash Flow
Operating cash flow more than doubled in Q4 and grew by 54.5% for the year, supported by business transformation efforts.
Balance Sheet Strength
The company ended fiscal 2025 with $128 million in cash, up 57% from the previous year, providing flexibility for capital investment.