Enghouse Releases Fourth Quarter and Year End Results

Executive Summary

• Enghouse Systems reported FY 2025 revenue of C$498.9 M (‑0.7% YoY) and Q4 revenue of C$124.5 M (‑1.0% YoY).
• Net income fell to C$21.1 M in Q4 (‑6.7% YoY) and C$73.7 M for the year (‑9.4% YoY); adjusted EBITDA declined to C$33.7 M in Q4 and C$127.6 M annually.
• The board declared a quarterly dividend of $0.30 per share payable February 27 2026; cash and short‑term investments ended FY 2025 at C$269.1 M with no external debt.

Key Details

• Revenue – Q4: C$124,482 K (−1.0% YoY); FY: C$498,878 K (−0.7% YoY).
• Recurring revenue – Q4: C$86,121 K (‑2.3% YoY), 69.2% of total; FY: C$348,000 K (≈+0.4% YoY).
• Adjusted EBITDA – Q4: C$33,661 K (−5.5% YoY); FY: C$127,588 K (‑11.3% YoY). Adjusted EBITDA margin: Q4 27.0%; FY 25.6%.
• Net cash from operations – Q4: C$35,325 K (−12.3% YoY); FY: C$129,503 K (‑14.7% YoY).
• Cash & short‑term investments – End of FY 2025: C$269,061 K (down from C$274,240 K). No external debt.
• Dividends – Quarterly dividend $0.30 per common share; payable 27 Feb 2026 to shareholders of record 13 Feb 2026.
• Acquisitions – Completed acquisition of Sixbell Telco’s telecommunications division (Latin America) post‑year‑end; three strategic acquisitions during FY 2025 expanded transportation product capabilities.
• Share repurchases – Normal course issuer bid purchases of C$7,213 K in Q4 and C$14,742 M for the year.
• Segment performance – IMG revenue C$68,795 K; AMG revenue C$55,687 K (total FY 2025 segment revenue C$124,482 K). Segment profit FY 2025: IMG C$22,619 K, AMG C$18,404 K.
• Conference call – Tuesday, 16 Dec 2025 at 8:45 a.m. EST; webcast available on Enghouse investor site.

Notable Quotes

(No direct CEO/President quotes were included in the release.)