Firan Technology Group Corporation (“FTG”) Announces Full Year and Fourth Quarter 2025 Financial Results

About this update from Firan Technology Group Corporation

[{"type":"image","alt":"Firan Technology Group Corporation","displaySize":"","headline":null,"caption":"Firan Technology Group Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":90,"url":"https://media.zenfs.com/en/globenewswire.com/d1495a522da6cc1d6264d82d0d24010e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gVHNqVsUd7mYvpW9AiFhiQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTEyNjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/d1495a522da6cc1d6264d82d0d24010e","width":150,"height":90}},"lazy":false},{"type":"text","content":"TORONTO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) today announced financial results for the full year and the fourth quarter 2025.","length":184,"tagName":"p"},{"type":"text","content":"Full Year Financial Highlights:","length":31,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Bookings: $209.9 million for 2025, marking a 14% increase over 2024.","length":68,"tagName":"p"}]},{"val":[{"type":"text","content":"Backlog: $148.5 million at the end of 2025, a 21% rise from the previous year end inclusive of FLYHT acquisition.","length":113,"tagName":"p"}]},{"val":[{"type":"text","content":"Revenue: $191.0 million, an 18% increase over 2024.","length":51,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA: $32.7 million in 2025, up 27% from $25.8 million in 2024.","length":74,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted Net Earnings: $13.5 million in 2025, an increase of 31% from 2024.","length":75,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating Cash Flow Less Lease Payments: Generated operating cash flow less lease payments of $13.7 million in 2025.","length":116,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Debt: Maintained a strong balance sheet with net debt of $8.3 million, or 0.3X trailing 12 months EBITDA, including $11.2 million of government loans.","length":154,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":651,"olType":false},{"type":"text","content":"Fourth Quarter Financial Highlights:","length":36,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue: $51.7 million, a 14.2% increase over Q4 2024.","length":54,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross Margin: Achieved 30.5%, up 220 basis poi...

More updates from Firan Technology Group Corporation