Core Insights - Unisync Corp. has returned to profitability for fiscal 2025, marking a significant turnaround from the previous year [2][3] - The company achieved a second consecutive year of gross margin improvement, with gross margin increasing to 20.5% from 13.4% in fiscal 2024 [6][8] - Unisync has secured a growing base of contracted new business, totaling over $10 million in annualized new business between fiscal 2025 and the period immediately following year-end [7] Financial Performance - For fiscal 2025, Unisync reported $1.5 million in pre-tax income on revenues of $84.5 million, compared to a pre-tax loss of $6.6 million the prior year [2][8] - The net income for fiscal 2025 was $0.3 million ($0.01 per share), a recovery from a net loss of $4.5 million ($0.25 per share) in fiscal 2024 [2][8] - Adjusted EBITDA improved by 46.2% year over year, reaching $9.3 million [8] Revenue and Margins - Total revenues for the twelve months ended September 30, 2025, were $84.5 million, down from $89.8 million in the prior year, with Q4 2025 revenues at $16.7 million compared to $20.0 million [5] - The gross margin for Q4 2025 increased to 21.4% from 1.2% in Q4 2024, driven by a stronger sales mix and operational efficiencies [6][8] New Business Development - During fiscal 2025, Unisync secured approximately $1.7 million in annualized new business, with an additional over $8 million awarded post-September 30, 2025 [7] - The new contracts span various sectors, including telecommunications, quick-service restaurants, and government [7] Operational Efficiency - General and administrative expenses were reduced by $1.6 million, or 11.4%, contributing to improved profitability [8] - Interest expenses declined by $0.4 million due to reduced borrowings, further enhancing financial performance [8] Future Outlook - The management of Unisync Group Limited is actively pursuing a robust pipeline of opportunities expected to materialize in Canada and the U.S. during calendar 2026 [9] - The Peerless Garments segment is well-positioned with $26.7 million in firm contracts and options as of September 30, 2025, to maintain current revenue and profitability levels in fiscal 2026 [9]