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ISC Reports Financial Results for the Three Months and Year Ended December 31, 2025
Globenewswire· 2026-03-20 01:16
Core Insights - Information Services Corporation (ISC) reported its strongest financial performance in 2025, achieving record annual revenue and adjusted EBITDA, while surpassing expectations for adjusted EBITDA and meeting long-term net leverage targets six months ahead of schedule [2][5][10]. Financial Performance - Fourth Quarter 2025 revenue was $65.5 million, a 5% increase from $62.2 million in Q4 2024, driven by strong performance in the Saskatchewan Registries division, particularly in the Land Registry [6][15]. - Annual revenue for 2025 reached $257.8 million, up 4% from $247.4 million in 2024, primarily due to strong results in the Saskatchewan Registries division [8][15]. - Adjusted EBITDA for Q4 2025 was $27.1 million, an increase from $21.0 million in Q4 2024, with an adjusted EBITDA margin of 41% compared to 34% in the prior year [6][7]. - Annual adjusted EBITDA was $103.1 million for 2025, up from $90.3 million in 2024, with an adjusted EBITDA margin of 40% [10][15]. Income and Cash Flow - Net income for Q4 2025 was $4.9 million, or $0.26 per share, down from $5.3 million or $0.29 per share in Q4 2024, attributed to increased share-based compensation expenses [6][10]. - Annual net income for 2025 was $26.8 million, or $1.44 per share, compared to $20.2 million or $1.11 per share in 2024 [10][26]. - Adjusted free cash flow for Q4 2025 was $19.2 million, up from $13.2 million in Q4 2024, driven by strong operating results [9][10]. - Annual adjusted free cash flow was $74.7 million for 2025, an increase of $18.3 million compared to $56.4 million in 2024 [10][15]. Strategic Outlook - The company anticipates continued revenue growth in 2026, projecting revenue between $273.0 million and $283.0 million, and adjusted EBITDA between $100.0 million and $107.0 million [22][18]. - The strength of the Saskatchewan economy and a buoyant residential real estate market are expected to drive growth in Registry Operations [18][22]. - In Services, revenue growth is anticipated through organic growth in Regulatory and Recovery Solutions divisions, with new customer onboarding expected to enhance adjusted EBITDA [19][22]. Strategic Review - The Board of Directors has initiated a Strategic Review to explore options for maximizing shareholder value, which may include asset sales or acquisitions [23][24]. - The review is supported by independent advisors and aims to ensure that any outcomes align with the interests of the Government of Saskatchewan, the largest shareholder [24][23].
ISC to Release Financial Results for the Three Months and Year Ended 2025 on March 19, 2026
Globenewswire· 2026-03-02 12:00
Core Viewpoint - Information Services Corporation (ISC) will release its financial results for the year ended December 31, 2025, on March 19, 2026, after market close [1] Group 1: Financial Results Announcement - ISC's Consolidated Financial Statements and Management's Discussion and Analysis will be available on SEDAR+ and ISC's website [1] - An investor conference call is scheduled for March 20, 2026, at 11:00 a.m. ET to discuss the financial results [2] - Participants are encouraged to join the call 10 minutes early and can access a replay of the webcast approximately 24 hours after the event [3] Group 2: Company Overview - ISC is a leading provider of registry and information management services for public data and records, headquartered in Canada [4] - The company focuses on sustaining its core business while pursuing new growth opportunities [4] - ISC's Class A Shares are traded on the Toronto Stock Exchange under the symbol ISC [4]
ISC Earns Great Place To Work Certification™
Globenewswire· 2025-11-06 13:34
Core Insights - Information Services Corporation (ISC) and its subsidiaries have been certified by Great Place To Work Canada and Great Place To Work Ireland, highlighting the company's strong workplace culture and employee experience [1][2][7] Group 1: Certification and Recognition - The Great Place To Work Certification™ is based on employee feedback and measures an organization's Trust Index score, with ISC exceeding the required benchmark [2][3] - This certification reflects ISC's commitment to collaboration, diversity, and creativity, which are fundamental to its success [2][4] Group 2: Workplace Culture - ISC's workplace culture emphasizes values such as gender and race inclusivity, management's honesty, and community contributions, fostering a sense of pride among employees [4][5] - The company has also been recognized as a 2025 Saskatchewan Top Employer for the 17th consecutive year, reinforcing its reputation as a global market leader [5] Group 3: Company Overview - ISC is a leading provider of registry and information management services for public data and records, focusing on sustaining its core business while exploring new growth opportunities [6]
ISC to Release 2025 Third Quarter Financial Results on November 4, 2025
Globenewswire· 2025-10-14 20:57
Core Viewpoint - Information Services Corporation (ISC) will release its financial results for the third quarter ended September 30, 2025, on November 4, 2025, after market close [1] Financial Results Announcement - ISC's Unaudited Condensed Consolidated Interim Financial Statements and Notes, along with Management's Discussion and Analysis for the third quarter, will be available on SEDAR+ and ISC's website [1] - An investor conference call is scheduled for November 5, 2025, at 11:00 a.m. ET to discuss the results [2] Participation Details - Participants are encouraged to join the call 10 minutes early and can access a replay of the webcast approximately 24 hours after the event on ISC's website [3] Company Overview - ISC is a leading provider of registry and information management services for public data and records, focusing on sustaining its core business while pursuing new growth opportunities [4] - The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISC [4]
ISC Sets the Record Straight on Its Strategic Review
Globenewswire· 2025-09-11 12:00
Core Viewpoint - The Company is conducting a Strategic Review aimed at enhancing shareholder value, despite mischaracterizations from Plantro regarding the process [1][2][6]. Group 1: Strategic Review - The Strategic Review was initiated by the Company's Board of Directors with support from its largest shareholder, Crown Investments Corporation of Saskatchewan [6]. - The Company confirms that Plantro's assertion that its actions prompted the Strategic Review is inaccurate [6]. - The Company appreciates Plantro's support for the Strategic Review and the withdrawal of its requisition for a special meeting of shareholders, allowing for an uninterrupted process [1][6]. Group 2: Commitment to Shareholder Value - The Company remains committed to a comprehensive and independent process focused on disciplined growth, operational excellence, and potential portfolio optimization [2]. - There is no assurance that the Strategic Review will lead to a transaction, nor can the terms, timing, or completion of any potential transaction be guaranteed [2][3]. Group 3: Company Overview - ISC is a leading provider of registry and information management services for public data and records, focused on sustaining its core business while pursuing new growth opportunities [5].
ISC Announces Strategic Review
Globenewswire· 2025-09-08 08:00
Core Points - The company, Information Services Corporation (ISC), is conducting a Strategic Review to identify opportunities for maximizing shareholder value, led by a Special Committee of independent directors [1][3][5] - The Strategic Review is a continuation of ISC's long-term value maximization strategy, following recent milestones such as the extension of its Master Service Agreement in 2023 and a growth strategy announced in 2024 [2][4] - Potential outcomes of the Strategic Review include asset divestments, acquisitions, transformative business combinations, or a sale of the company, with the support of the Government of Saskatchewan as the largest shareholder [4][9] Company Strategy - The Special Committee is tasked with analyzing the company's business strategy and exploring optimization opportunities while considering value-maximizing alternatives [3][5] - The company emphasizes its commitment to a transparent process during the Strategic Review and will communicate material developments to shareholders as appropriate [5][6] Financial Advisory - ISC has engaged RBC Capital Markets as its financial advisor and Stikeman Elliott as its legal advisor for the Strategic Review [7]
ISC to Release 2025 Second Quarter Financial Results on July 30, 2025
Globenewswire· 2025-07-09 20:43
Core Viewpoint - Information Services Corporation (ISC) will release its financial results for the second quarter ended June 30, 2025, on July 30, 2025, after market close [1] Financial Results Announcement - ISC's Unaudited Condensed Consolidated Interim Financial Statements and Notes and Management's Discussion and Analysis will be available on SEDAR+ and ISC's website [1] - An investor conference call is scheduled for July 31, 2025, at 11:00 a.m. ET to discuss the results [2] - Participants are encouraged to join the live audio webcast available on ISC's website [2] Participation Details - It is recommended that participants join the call 10 minutes early [3] - A replay of the webcast will be available approximately 24 hours after the event on ISC's website [3] Company Overview - ISC is a leading provider of registry and information management services for public data and records, headquartered in Canada [4] - The company focuses on sustaining its core business while pursuing new growth opportunities [4] - ISC's Class A Shares trade on the Toronto Stock Exchange under the symbol ISC [4]
ISC Launches Normal Course Issuer Bid
Globenewswire· 2025-06-04 11:00
Core Points - Information Services Corporation (ISC) has announced a normal course issuer bid (NCIB) to purchase up to 929,007 Class A shares, representing approximately 5% of the outstanding shares as of June 2, 2025 [1][4] - The NCIB will be conducted over a twelve-month period starting June 6, 2025, and ending no later than June 5, 2026 [1] - ISC's decision to initiate the NCIB reflects confidence in its financial position and aims to return capital to shareholders [4] Summary by Sections NCIB Details - The NCIB allows ISC to purchase Class A shares at the prevailing market price, plus brokerage fees, with potential discounts for purchases under issuer bid exemption orders [2] - ISC can purchase a maximum of 1,862 Class A shares daily, which is 25% of the average daily trading volume of 7,451 shares over the past six months [3] Company Strategy - The NCIB is part of ISC's overall capital management strategy, providing flexibility to acquire shares when market prices do not reflect their underlying value [4] - Decisions regarding the timing and size of purchases will be based on various factors, including capital and liquidity positions, financial performance, and market conditions [5] Company Background - ISC is a leading provider of registry and information management services for public data and records, focused on sustaining its core business while pursuing new growth opportunities [8]
ISC Announces Results of Annual Meeting of Shareholders
Globenewswire· 2025-05-13 19:21
Core Points - Information Services Corporation (ISC) held its annual meeting of shareholders on May 13, 2025, in Regina, Saskatchewan [1] - A total of 14,627,504 Class A Limited Voting Shares were represented, accounting for 79% of the issued and outstanding shares [2] Director Voting - Three members of the Board were appointed by the Lieutenant Governor In Council of Saskatchewan: Joel Teal, Doug Emsley, and Amber Biemans [3] - Detailed voting results for the election of seven directors showed high approval rates, with all nominees receiving over 98% of votes in favor, except for Dion E. Tchorzewski, who received 98.10% [3] Auditor Appointment - Deloitte LLP was appointed as the auditor for the ensuing year with 14,624,429 votes in favor, representing 99.98% of the votes [4] - Only 3,075 votes were withheld, which is 0.02% of the total [4] Company Overview - ISC is a leading provider of registry and information management services for public data and records, focusing on sustaining its core business while pursuing new growth opportunities [5]
ISC Releases Investor Presentation Highlighting A Proven Model for Value Creation
Globenewswire· 2025-05-12 06:47
Core Viewpoint - Information Services Corporation (ISC) emphasizes its strong track record of stability, strategic vision, and value creation over the past decade, as highlighted in its investor presentation titled "A Proven Model for Value Creation" [1][3] Business Overview - ISC has transformed into a diversified business with a global scale, featuring a high-quality registry platform and a services segment that delivers consistent growth [2] - The company's registry operations are supported by a long-term exclusive contract in Saskatchewan, lasting until 2053, which ensures stable, CPI-linked cash flows for nearly 30 years [2] - ISC's disciplined M&A strategy has been entirely funded through its balance sheet capacity [2] Financial Performance - Since its IPO, ISC has nearly tripled its revenue and Adjusted EPS [8] - The company has achieved a revenue compound annual growth rate (CAGR) of approximately 13.6% since 2015 [8] - ISC has generated nearly $100 million in free cash flow from its Services segment since 2015 [8] - The total shareholder return (TSR) has reached 209%, outperforming the S&P/TSX SmallCap Index since the IPO in July 2013 [8] Shareholder Engagement - ISC acknowledges and appreciates the support from its shareholders, emphasizing its commitment to long-term value creation and disciplined capital allocation [7] - The company has engaged in meaningful dialogue with stakeholders and remains focused on performance rather than provocation [7][10] Response to Plantro - ISC strongly disagrees with Plantro Ltd.'s assessment of its strategy and governance, labeling Plantro's claims as misinformation and urging shareholders to reject Plantro's undervalued Mini-tender offer [4][5] - The company has attempted to engage in constructive dialogue with Plantro but has faced a lack of engagement from Plantro [6][10]