Gencor Industries(US:GENC)2025-12-09 12:05Revenue Performance - Net revenue for Q4 2025 was $18.8 million, a decrease of 10.0% from $20.9 million in Q4 2024[1] - For the fiscal year 2025, net revenue increased by 2.0% to $115.4 million from $113.2 million in fiscal 2024[3] Profitability - Gross profit margin for Q4 2025 was 24.2%, down from 25.6% in Q4 2024 due to reduced manufacturing overhead absorption[1] - Operating loss for Q4 2025 was ($0.2) million compared to operating income of $1.2 million in Q4 2024[2] - Fiscal 2025 operating income was $14.0 million, up from $13.7 million in fiscal 2024[5] - Net income for fiscal 2025 was $15.7 million, or $1.07 per diluted share, compared to $14.6 million, or $0.99 per diluted share in fiscal 2024[7] Cash and Financial Position - Cash and marketable securities increased by $20.9 million to $136.3 million as of September 30, 2025[8] Backlog and Expenses - The Company's backlog decreased to $23.6 million as of December 1, 2025, down from $56.2 million a year earlier[9] - SG&A expenses increased by $610,000 to $14.9 million in fiscal 2025, primarily due to higher professional fees and commissions[4] Taxation - The effective income tax rate for fiscal 2025 was 22.5%, down from 29.8% in fiscal 2024[7]