UNISYNC Reports Q3 Fiscal 2025 Operating Results Showing Continued Improvement in Profitability

Core Insights - Unisync Corp. reported strong operating results for Q3 FY2025, showcasing profitability, improved gross margins, and effective cost management [1][2][5] Financial Performance - The company achieved a net income before tax of $1.8 million ($0.10 per share) and Adjusted EBITDA of $3.5 million ($0.18 per share) on revenues of $21.9 million, a significant improvement from a net loss of $1.2 million and Adjusted EBITDA of $1.1 million in the previous year [2][9] - Consolidated revenue increased to $21.9 million, up from $21.2 million in Q3 FY2024 [9] - UGL segment revenues rose by $0.6 million, driven by higher airline account volumes, with gross profit in the segment increasing from $2.3 million to $5.4 million [9] Margin and Cost Management - Segment margins, excluding unrealized foreign exchange gains, surged to 23.5% from 12.6% a year ago, attributed to a stronger sales mix, lower offshore product costs, and operational efficiencies [9] - General & administrative expenses decreased to $3.2 million, down $0.1 million from the previous year [9] - Interest expense declined by $0.2 million to $0.8 million due to reduced borrowings and a weaker U.S. dollar [9] Business Outlook - The UGL segment benefited from positive contract pricing adjustments and the relocation of offshore production to lower-cost facilities, which is expected to continue improving future margins [5][7] - The Peerless business segment holds $28.9 million in firm contracts and options as of June 30, 2025, positioning it to maintain current revenue and profitability levels [7]