Business
Crown Capital Partners Announces Q4 2025 Financial Results
Crown Capital Partners Inc. ("Crown" or the "Corporation") (TSX: CRWN) today announced its financial results for the three and twelve months ended December 31, 2025. Crown's complete financial statements and management's discussion and analysis are available on SEDAR at www.sedarplus.ca.
About this update from Crown Capital Partners, Inc.
[{"type":"text","content":"CALGARY, AB, Feb. 17, 2026 /CNW/ - Crown Capital Partners Inc. ("Crown" or the "Corporation") (TSX: CRWN) today announced its financial results for the three and twelve months ended December 31, 2025. Crown's complete financial statements and management's discussion and analysis are available on SEDAR at www.sedarplus.ca.","length":351,"tagName":"p"},{"type":"text","content":"Q4 2025 Financial & Operating Overview","length":42,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Crown recognized net income of $1.7 million ($0.29 income per basic share) in Q4 2025 compared to a net loss of $(10.9) million ($1.95 loss per basic share) in Q4 2024.","length":168,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDAi was $7.8 million in Q4 2025 compared to $0.4 million in Q4 2024 due primarily to increased earnings from the Network Services, Distribution Services and Real Estate segments and a decrease in expenses of the Corporate and Other segment, partially offset decreased earnings from Distributed Power.","length":313,"tagName":"p"}]},{"val":[{"type":"text","content":"Distribution services revenue was $12.3 million in Q4 2025 compared to $10.2 million in Q4 2024, an increase of 20.5% due primarily to an improved customer mix particularly in the Columbus warehouse as well as increased capacity utilization, primarily in the Calgary and Reno warehouses, which was 80% at December 31, 2025 (December 30, 2024 - 62%). This segment reported income before income taxes of $0.5 million (2024 – $1.9 million) and Adjusted EBITDAi of $0.9 million (2024 - $0.8 million), with Adjusted EBITDA remaining consistent year-over-year.","length":554,"tagName":"p"}]},{"val":[{"type":"text","content":"Network services revenue was $21.3 million in Q4 2025 compared to $6.6 million in Q4 2024, an increase of 223.9% attributable to a year-over-year increase in revenues due to a significant growth in hardware sales in Galaxy and modest increases from Community Network Partners in respect of revenues from the high speed internet infrastructure project in Brooks, Alberta and the Ontario Connects: Accelerated High-Speed Internet Program (the "Ontario Connects Program"), partially offset by a decrease in revenues from the continued runoff of customer contracts in WireIE. This segment report...