Gross Margin ImprovementThe company achieved a record gross margin of 71.2%, driven by new efficiencies, suggesting further margin expansion in FY26 and FY27.
Product DemandDemand for the company's Xtract One Gateway system is supporting growth, with the education sector responsible for approximately 60.0% of new bookings and likely to remain an important revenue contributor for the next several years.
Revenue GrowthA record backlog, including pending installations, was nearly C$50.0M at quarter end, positioning the business to return to material revenue growth beginning in FY26.