Tecsys Reports Financial Results for the Second Quarter of Fiscal 2026
Executive Summary
- Tecsys reported record Q2 FY2026 results – total revenue $48.6 M, SaaS revenue $19.7 M (+22% YoY), and Adjusted EBITDA $5.0 M (+71% YoY).
- Net profit rose to $1.8 M ($0.12 per share) versus $0.8 M a year earlier; the company reaffirmed full‑year guidance for revenue growth (8‑10%) and Adjusted EBITDA margin (8‑9%).
- A quarterly dividend of $0.09 per share was declared, payable 6 Jan 2026, and the company announced availability of its Elite™ solution on AWS Marketplace.
Key Details
- Revenue Highlights
- SaaS revenue: $19.7 M (up 22% YoY).
- Total revenue: $48.6 M (record, up from $42.4 M YoY).
- SaaS ARR: $81.1 M (+16% YoY).
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SaaS RPO: $240.4 M (+18% YoY).
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Profitability
- Net profit: $1.8 M ($0.12 per basic and fully diluted share).
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Adjusted EBITDA: $5.0 M (vs. $2.9 M YoY).
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First‑Half FY2026 Performance
- SaaS revenue YTD: $38.8 M (+23%).
- Total revenue YTD: $94.6 M (+12%).
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Net profit YTD: $2.5 M ($0.17 per share).
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Guidance (FY2026)
- Total Revenue Growth: 8‑10%
- SaaS Revenue Growth: 20‑22%
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Adjusted EBITDA Margin: 8‑9%
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Dividend
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Quarterly dividend declared: $0.09 per share, payable Jan 6 2026 to shareholders of record Dec 17 2025.
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Normal Course Issuer Bid (NCIB)
- Q2 2026: repurchased 79,714 common shares for ~$2.8 M.
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FY‑to‑date: repurchased 101,014 shares for ~$3.6 M.
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Operational Update
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Elite™ solution now available on AWS Marketplace, enabling faster customer deployment.
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Conference Call
- Q2 2026 results call scheduled for Dec 4 2025 at 8:30 a.m. ET (phone numbers provided).
Notable Quotes
“We are pleased with our second quarter performance, achieving record total revenue, record SaaS revenue and record Adjusted EBITDA – which was up 71% over the same period last year,” – Peter Brereton, President & CEO.
“On top of our solid SaaS revenue growth… we expect a moderation of professional services revenue in the coming quarter based on backlog levels and seasonality,” – Mark Bentler, CFO.