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    Categories: Technology

Evertz Technologies Limited Exceeds Half Billion in Annual Revenue in Fiscal 2025

Evertz Technologies Limited Exceeds Half Billion in Annual Revenue in Fiscal 2025


Burlington, Ontario–(Newsfile Corp. – June 25, 2025) – Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network (“SDVN”) technology, today reported its results for the fourth quarter and year ended April 30, 2025.

Fiscal 2025 Highlights

  • Annual Revenues in excess of a half billion dollars, totaling $501.6 million for the year
  • Reoccurring software, services and other software of $222.6 million, an increase of 18% from the prior year and representing 44% of total revenue in fiscal 2025
  • Canada/US revenue of $374.4 million, an increase of 11% or $36.4 million from the prior year
  • Earnings from operations of $81.5 million
  • Net earnings of $59.7 million for the year
  • Fully diluted earnings per share of $0.77 for the year

Fourth Quarter 2025 Highlights

  • Quarterly revenue of $127.8 million an increase of 4% from the prior year
  • Reoccurring software, services and other software of $56.1 million, an increase of 18% from the prior year
  • Earnings from operations before foreign exchange (“FX”) of $23.8 million, an increase of 39% from the prior year
  • Net earnings of $13.0 million for the quarter
  • Fully diluted earnings per share of $0.17 for the quarter
  • Cash and cash equivalents of $111.7 million

Selected Financial Information
Consolidated Statement of Earnings Data
(in thousands of dollars, except earnings per share and share data)

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For further information, please contact:
Doug Moore, CPA, CA
Chief Financial Officer
(905) 335-3700
ir@evertz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256836

 

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