Core Insights - Savaria Corporation reported strong financial results for fiscal 2025, achieving significant growth in revenue, gross profit, and net earnings compared to the previous year [1][4][5]. Financial Performance - **Q4 2025 Results**: Revenue reached $241.8 million, an increase of $18.4 million or 8.3% from Q4 2024. Gross profit was $93.9 million, up 11.5%, with a gross profit margin of 38.9% [3][5][8]. - **Fiscal 2025 Results**: Total revenue for the year was $913.5 million, up $45.8 million or 5.3%. Gross profit for the year was $353.8 million, reflecting a 10.0% increase [3][11][12]. - **Operating Income**: Q4 operating income was $29.7 million, a 36.6% increase, while the annual operating income was $105.4 million, up 25.2% [5][12]. - **Net Earnings**: Q4 net earnings were $20.5 million, a 43.1% increase, and annual net earnings were $68.8 million, up 41.8% [5][12]. - **Adjusted EBITDA**: Q4 adjusted EBITDA was $51.3 million, a 19.7% increase, with an adjusted EBITDA margin of 21.2%. For the year, adjusted EBITDA was $186.3 million, up 15.5% [10][13]. Segment Performance - **Accessibility Segment**: Revenue was $183.4 million in Q4, up 7.7%, contributing 76% of total revenue. Adjusted EBITDA margin for this segment reached 23.4% [15][16]. - **Patient Care Segment**: Revenue increased to $58.3 million in Q4, a 10.0% rise, with an adjusted EBITDA margin of 19.4% [15][16]. Debt and Liquidity - The company reduced its net debt to $191.5 million, with a net debt to adjusted EBITDA ratio of 1.03, down from 1.63 in the previous year [17][5]. Strategic Initiatives - The completion of the "Savaria One" transformation program at the end of 2025 was highlighted, focusing on operational excellence and cultural improvements within the company [4][18]. - Future plans include accelerating growth through market expansion and strengthening customer relationships, with more details to be provided at the upcoming Investor Day [19][20]. ESG Commitment - Savaria emphasizes its commitment to environmental, social, and governance (ESG) practices, integrating these values into its business operations and product innovations [21][22].