Omni-Lite Industries Canada Inc. (TSXV: OML; OTCQX: OLNCF) Q1 2025 Earnings Call | 05/23/2025

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Omni-Lite Industries Canada Inc. (TSXV: OML; OTCQX: OLNCF) reported its Q1 2025 results on May 23, 2025, delivering revenue of US$3.3 million, driven by robust growth in its fasteners business, partially offset by a year-over-year decline in electronics due to an unusually high shipment level in Q1 2024. Adjusted EBITDA for the quarter reached US$408,000, representing a 12.3% margin and a significant turnaround from the prior quarter. Net income was US$109,000, or US$0.01 per diluted share. Free cash flow improved to US$341,000, up US$228,000 from the same period last year, with capital expenditures held to US$14,000. The company’s balance sheet remained strong, with a record cash balance of US$3.1 million and no debt outstanding, up US$2.0 million from a year ago. Omni-Lite achieved record first-quarter bookings of US$5.7 million—a 55% increase year-over-year—resulting in a historical high backlog of US$7.1 million as of March 31, 2025, up 10% from March 2024 and 55% from December 2024. Strategically, Omni-Lite completed the acquisition of Electric Components, Inc. (eComp) for US$350,000 in cash, expanding its electronics capabilities and positioning the company for future contract wins in this segment. Management expressed optimism about continued strength in fasteners and anticipated new contracts for electronics components, including contributions from the newly acquired eComp business. Outlook: Management expects continued momentum in fasteners and new electronics contract wins in 2025. Focus remains on organic growth, margin improvement, and leveraging the eComp acquisition for expanded market opportunities. The company’s strong cash position and record backlog support ongoing investment and operational execution. About Inside Ticker: For more expert analysis and real-time updates on Omni-Lite Industries Canada Inc. (TSXV: OML; OTCQX: OLNCF) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #OmniLite #OML #OLNCF #EarningsCall #Q12025 #Aerospace #Fasteners #Electronics #RevenueGrowth #FinancialResults #StockMarket #InsideTicker