Core Viewpoint - Omni-Lite Industries Canada, Inc. is undergoing a leadership transition to enhance its transformation into a high-performance acquirer of niche aerospace and defense businesses and assets [1] Leadership Transition - The Human Resources and Governance Committee has initiated a search for a new Chief Executive Officer to lead the next phase of the company [2] - David Robbins will serve as Interim Chief Executive Officer during the search period and is expected to transition to President of Monzite, focusing on growth opportunities [2][3] Financial Performance - Preliminary financial results for the fourth quarter of fiscal 2025 indicate revenue of approximately US$4.1 million and Adjusted EBITDA of approximately US$150,000 [8] - Bookings for the quarter were approximately US$5.5 million, resulting in a book-to-bill ratio of 1.3 and a backlog exceeding US$8.0 million [8]
Omni-Lite Industries Canada Announces Leadership Transition To Accelerate Its Transformation Into A High-Performance Serial Acquiror of Niche Aerospace and Defense Businesses and Assets
Globenewswire·2026-03-09 11:00