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Two Blokes Jun 25 -
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Burlington, Ontario--(Newsfile Corp. - June 25, 2025) - Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, today reported its results for the fourth quarter and year ended April 30, 2025. Fiscal 2025 Highlights Annual Revenues in excess of a half billion dollars, totaling $501.6 million for the year Reoccurring software, services and other software of $222.6 million, an increase of 18% from the prior year and representing 44% of total revenue in fiscal 2025 Canada/US revenue of $374.4 million, an increase of 11% or $36.4 million from the prior year Earnings from operations of $81.5 million Net earnings of $59.7 million for the year Fully diluted earnings per share of $0.77 for the year Fourth Quarter 2025 Highlights Quarterly revenue of $127.8 million an increase of 4% from the prior year Reoccurring software, services and other software of $56.1 million, an increase of 18% from the prior year Earnings from operations before foreign exchange ("FX") of $23.8 million, an increase of 39% from the prior year Net earnings of $13.0 million for the quarter Fully diluted earnings per share of $0.17 for the quarter Cash and cash equivalents of $111.7 million Selected Financial InformationConsolidated Statement of Earnings Data(in thousands of dollars, except earnings per share and share data) To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1808/256836_evertz_table1.jpg Selected Financial InformationConsolidated Balance Sheet Data (in thousands of dollars) To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1808/256836_everz_table2_re.jpg Revenue For the quarter ended April 30, 2025, revenues were $127.8 million compared to revenues of $122.7 million for the quarter ended April 30, 2024.
