Norfolk, VA, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Today, the U.S. District Court for the Eastern District of Virginia court in Norfolk, Virginia definitively upheld the constitutionality of the city of Norfolk’s License Plate Reader (LPR) camera system. "This decision aligns with strong national precedent, as over 30 state and federal courts across the country, at both the trial and appellate levels, have concluded that fixed‑location ALPRs do not infringe on an individual’s reasonable expectation of privacy, ...

For the full fiscal year, revenue reached CAD 150.5 million , an all-time high. Adjusted EBITDA for fiscal 2025 was CAD 6.1 million , compared with an adjusted EBITDA loss of CAD 2.4 million in fiscal 2024, which management framed as evidence of the company’s ability to generate full-year positive adjusted EBITDA.For the fourth quarter ended October 31, 2025, Blackline reported record revenue of CAD 39.3 million , marking its 35th consecutive quarter of year-over-year top-line growth . Adjusted EBITDA was C ...

Core Viewpoint - Blackline Safety Corp. has announced the launch of G8, a new wearable device aimed at enhancing worksite safety through advanced technology [1] Group 1: Product Features - G8 is described as the most connected wearable device the company has ever developed, integrating multiple safety features into one platform [1] - The device includes advanced gas detection capabilities, lone worker protection, and radio-quality communication [1] - G8 is designed to connect workers to each other, their safety teams, and the broader digital worksite [1]

Core Viewpoint - Blackline Safety Corp. will release its fiscal fourth quarter and year-end 2025 financial results on January 15, 2026, before market opening, followed by a conference call to discuss the results [1][2]. Financial Results Announcement - The financial results will be announced on Thursday, January 15, 2026, at 11:00 a.m. ET [1][2]. - A conference call and webcast will be held to discuss the financial results [1]. Replay Information - A replay of the conference call will be available after 2:00 p.m. ET on January 15, 2026, until February 15, 2026 [3]. Company Overview - Blackline Safety is a leader in connected safety technology, focusing on innovation in the industrial workforce through IoT [4]. - The company provides wearable devices, gas monitoring, cloud-connected software, and data analytics to enhance safety and productivity [4]. - Blackline has reported over 300 billion data points and initiated over eight million emergency alerts, serving customers in more than 75 countries [4].

Core Insights - Blackline Safety Corp. is expanding its international presence by opening two new offices in Cologne, Germany, and Abu Dhabi, United Arab Emirates [1] - This expansion aims to enhance Blackline's operations across Europe, the Middle East, and Africa (EMEA) [1] - The new offices will bring the company closer to its rapidly-growing customer base in these regions [1] Company Expansion - The Cologne office will complement Blackline's established network in the EMEA region [1] - The move signifies Blackline's commitment to strengthening its market position and customer engagement in international markets [1]

Core Insights - Blackline Safety Corp. has been recognized as one of Canada's Top Growing Companies for the seventh consecutive year, highlighting its consistent growth and market presence [1] - The company achieved a remarkable three-year revenue growth of 134%, indicating strong financial performance and business expansion [1] - Blackline is one of only 10 companies in Canada to have ranked every year since the inception of the list, showcasing its sustained success and competitiveness in the industry [1] - Recently, Blackline was added to the S&P/TSX Composite Index, further solidifying its position in the market and enhancing its visibility among investors [1]

Core Insights - The National Safety Council (NSC) highlighted 10 innovative technologies aimed at preventing musculoskeletal disorders (MSDs) during the fourth annual MSD Solutions Lab Safety Innovation Challenge [1] Group 1 - The event took place in Denver on September 19, 2025, focusing on workplace safety and injury prevention [1] - The showcased technologies are designed to address the leading cause of workplace injuries, which are musculoskeletal disorders [1]

Group 1 - Blackline Safety Corp. has secured a $1.8 million contract with a major North American water and wastewater utility provider in California [1] - The order includes over 560 devices, consisting of G7c wearable gas detectors and Blackline Docks for device calibration and charging [1] - The agreement encompasses four years of self-monitoring services, ensuring ongoing visibility and health monitoring [1]

Core Insights - Blackline Safety Corp. is launching new software enhancements for its cloud-based safety platform, Blackline Live, at the 2025 National Safety Council Safety Congress & Expo [1] - The updates include upgraded bulk management tools designed to automate manual tasks, improving operational efficiency [1] - A refreshed loner mobile app will be introduced, extending protection to low-risk environments [1]

Financial Data and Key Metrics Changes - The company generated revenues of $22.4 million in Q1 2025, down from $24.7 million in the prior year period, reflecting growth in automotive and safety tech but offset by declines in aero and architecture [12][13] - Gross margin increased to 25.6% from 25.1% in the prior year, indicating improved operational efficiencies [13] - Total operating expenses decreased by 9% to $14.4 million compared to $15.8 million in the prior year [13] - Adjusted EBITDA was negative $5.5 million, compared to negative $4.8 million in the prior year [14] Business Line Data and Key Metrics Changes - SafetyTech revenue was $10.8 million, up 1.5% from $10.7 million, with gross margin improving to 19.7% from 12.8% [14][15] - Aero revenue was $7.6 million, down 24.6% from $10.1 million, with gross margin declining to 33.9% from 44.1% due to shipment timing shifts [15][16] - Architecture revenue was $2.4 million, down 8.2% from $2.6 million, with gross margin expanding to 32.1% from 48.9% [16] - Automotive revenue increased to $1.5 million from $1.3 million, with significant gross margin improvements [16] Market Data and Key Metrics Changes - The backlog of purchase orders increased from below $31 million at year-end 2024 to almost $36 million by March 2025, indicating strong demand [11] - The airline shading market opportunity with Air France KLM is valued at $600 million annually, with a projected growth rate of 6.4% through 2028 [8] - The automotive smart glass market is projected to reach $25 billion by 2028, driven by collaborations with major OEMs [10] Company Strategy and Development Direction - The company aims to continue investing in innovation and expand its leadership in light and vision control technologies [22] - The focus is on scaling efficiently while balancing growth with margin expansion and progress toward profitability [22] - The company has signed a $10 million debt facility to enhance liquidity and support full-year goals [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting the 2025 guidance despite market uncertainties, emphasizing that direct impacts from tariffs have been minimal [21][42] - The company reiterated its full-year revenue guidance of $130 million to $140 million, representing over 30% growth at the midpoint compared to 2024 [19] - Management highlighted a strong backlog and increasing customer orders, indicating a positive outlook for the remainder of the year [21][42] Other Important Information - The company achieved a significant milestone by signing the first $10 million of a planned $20 million debt financing under favorable terms [6][18] - The company is focused on improving cash flow management and working capital efficiency to support growth [33][64] Q&A Session Summary Question: What is the outlook for the second quarter and converting backlog into revenue? - Management expects a strong second quarter, with confidence in delivering on guidance due to a solid backlog and no cancellations [28][31] Question: Can you explain the free cash flow performance? - The improvement in free cash flow was attributed to better working capital management and payment terms with suppliers [32][33] Question: What is the status of the additional $10 million financing? - The financing is signed and expected to close soon, with no risks identified [35][36] Question: How does macro uncertainty affect business operations? - Management stated that macro uncertainties had minimal impact on actual business operations, with strong demand continuing [39][42] Question: Which segments are driving the spike in purchase orders? - The majority of the backlog is from aero and safety tech segments, with significant growth expected [44][45] Question: What are the expectations for operating expenses for the rest of the year? - Operating expenses are expected to remain stable, with a slight increase in sales and marketing to support growth [58][60] Question: How will working capital be managed as revenue grows? - The company is focused on improving payment terms with suppliers to manage working capital effectively [62][64]