Northwire Canada EditionSunday, July 12, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Earnings

Unisync earns $1.5M before taxes in fiscal 2025

UNI · Price

Executive Summary

  • Unisync Corp. returned to profitability in fiscal 2025 with pretax income of $1.5 M and net income of $0.3 M, reversing a $6.6 M pretax loss year‑over‑year.
  • Gross margin improved markedly to 20.5 % for the full year (up from 13.4 % in FY 2024) and 21.4 % in Q4 2025.
  • Adjusted EBITDA rose 46.2 % to $9.3 M, while G&A expenses fell $1.6 M (‑11.4 %) and interest expense declined $0.4 M due to lower borrowings.

Key Details

  • Revenue: $84.5 M for FY 2025 (down from $89.8 M YoY); Q4 2025 revenue $16.7 M vs. $20.0 M in Q4 2024.
  • Pretax Income: $1.5 M FY 2025 vs. a loss of $6.6 M FY 2024.
  • Net Income: $300 k FY 2025 (≈$0.01 per share) vs. net loss of $4.5 M (‑$0.25 per share) FY 2024; includes $500 k unrealized FX loss.
  • Gross Margin: 20.5 % FY 2025, up from 13.4 % FY 2024; Q4 2025 margin 21.4 % vs. 1.2 % in Q4 2024.
  • Adjusted EBITDA: $9.3 M FY 2025 (46.2 % YoY improvement); $1.4 M in Q4 2025, flat versus prior year.
  • G&A Expenses: Reduced by $1.6 M (‑11.4 %) for the full year; Q4 reduction of $200 k (‑6 %).
  • Interest Expense: Down $400 k YoY for FY 2025; Q4 decline of $300 k.
  • New Business Awards: Approximately $10 M annualized new contracts secured in FY 2025 and post‑year‑end period across telecom, quick‑service restaurant, and government sectors.
  • Segment Highlights – Peerless Garments LP: $26.7 M in firm contracts and options as of Sept. 30 2025; positioned to sustain revenue and profitability into FY 2026.

Notable Quotes

“We are pleased with the progress achieved in fiscal 2025,” said Tim Gu, Executive Chairman. “We delivered meaningful gross margin improvement, returned the business to profitability and strengthened our operating foundation…these results provide a more stable base from which to continue improving performance.”

Read the original news release →

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