Demand DriversDemand 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.
Gross Margin ImprovementThe company achieved a record gross margin of 71.2%, driven by new efficiencies, suggesting further margin expansion in FY26 and FY27.
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.