CSP (US:CSPI)2025-12-16 14:28Financial Performance - CSP Inc. reported an 11% increase in total revenue for the fiscal fourth quarter ended September 30, 2025, reaching $14.5 million compared to $13.0 million in the same prior year quarter [2][7]. - For the full fiscal year 2025, total revenue was $58.7 million, a 6% increase from $55.2 million in the prior year [10]. - The company experienced a net loss of $(191) thousand, or $(0.02) loss per diluted common share, significantly improved from a net loss of $(1.7) million, or $(0.18) loss per diluted common share in the prior fiscal year fourth quarter [8][10]. Revenue Composition - Services revenue surged by 63%, accounting for 44% of total revenue in the fiscal 2025 fourth quarter [6]. - Gross margin expanded more than 800 basis points to 37% from 28% in the same prior year quarter, driven by a higher proportion of services revenue [6][8]. Business Development - The Technology Solutions business achieved near-record profitability and is expanding its sales team to capture a larger share of the services market [4]. - AZT PROTECT customer engagements increased significantly, setting the stage for growth in fiscal 2026, with new features enabling entry into the Embedded IIOT market [6][5]. Shareholder Returns - The company declared a quarterly dividend of $0.03 per share, payable on January 15, 2026 [2][6]. - The company repurchased approximately 19,500 shares for a total cost of $234 thousand during the fiscal fourth quarter [9]. Cash Position - Cash and cash equivalents as of September 30, 2025, were $27.4 million, supporting growth strategies for the AZT PROTECT offering [9].