Record Bookings and Backlog
Q4 bookings hit a record $16.1 million, with a backlog nearing $50 million, almost doubling from the previous year. This positions the company for strong revenue growth in fiscal 2026.
High Gross Profit Margin
Achieved a record 71% gross profit margin for Q4, up from 65% in the prior year, due to manufacturing efficiencies and advanced software tools.
Strong Demand in Education Market
Education sector accounted for 33% of annual bookings, up from 14% the previous year, driven by the Xtract One Gateway's success in school districts.
Successful Product Launch and Expansion
The Xtract One Gateway has been well-received, prompting plans to double manufacturing capacity in fiscal 2026 to meet demand.
Channel Partner Growth
Channel partners accounted for 52% of deployments for the fiscal year, indicating a valuable contributor to company growth.