Financial Data and Key Metrics Changes - Revenue for 2025 was $183.6 million, a 13% increase compared to 2024, exceeding the high end of guidance [21][24] - Adjusted EBITDA increased by 20% year-over-year to $26.7 million, with an adjusted EBITDA margin of 14.5% [24] - Free cash flow after distributions to non-controlling interest totaled $18.9 million, representing over 70% conversion from adjusted EBITDA [5][12] Business Line Data and Key Metrics Changes - Revenue growth was achieved across U.S., Canada, and international markets, with U.S. revenue increasing by 69% year-over-year [17] - Adjusted gross profit for Q4 was $21.2 million, with an adjusted gross margin of 42% [18] - ResMetrics contributed $5.2 million in revenue for the five months following its acquisition [21] Market Data and Key Metrics Changes - U.S. market led revenue growth, while Canada experienced a 7% decline due to lower activity levels [17] - International revenue increased by 5%, indicating resilience despite market challenges [17] Company Strategy and Development Direction - The company aims to advance efficient and sustainable energy development through innovative solutions [6][7] - Core strategies include building market positions, capitalizing on high-margin growth opportunities, and commercializing innovative solutions [8][10] - The integration of ResMetrics is expected to enhance the company's tracer diagnostics platform and expand market reach [13] Management's Comments on Operating Environment and Future Outlook - The management anticipates a challenging market environment in 2026, with flat to lower customer activity in North America [27] - Full-year revenue guidance for 2026 is projected between $184 million and $194 million, with adjusted EBITDA between $26 million and $29 million [28] - The company expects to continue expanding its market share and product adoption internationally [28] Other Important Information - The company maintains a strong balance sheet with a net cash position of approximately $29 million [24] - Free cash flow guidance for 2026 is expected to exceed 50% of adjusted EBITDA [33] Q&A Session Questions and Answers Question: Guidance on revenue timing and potential shifts - Management indicated that revenue is expected to be weighted towards the back half of the year due to seasonality and project timelines [38][39] Question: Cross-selling potential in the Middle East - Management noted that while some benefits from ResMetrics are seen in North America, international cross-selling will take more time to develop [41][43] Question: Updates on North Sea projects - Management reported success in the North Sea with new customer orders and plans to leverage technology in shallow water markets [48][50]

Core Viewpoint - Tekumo, Inc. has launched a pilot project to support a major global Original Equipment Manufacturer (OEM) in enhancing their retail Point of Sale (POS) business across the US, marking a significant milestone in the company's mission to provide innovative software solutions for On-Demand Field Service Delivery [1] Group 1 - The pilot project aims to deliver automated, intelligent, and scalable service delivery solutions [1] - Tekumo's initiative is part of its broader strategy to revolutionize industry tools and technology for customers [1] - The collaboration with a major OEM highlights Tekumo's commitment to supporting complex service environments [1]