Business
LICT Corporation Reports Preliminary Unaudited Fourth Quarter and Fiscal Year 2025 Results
LICT Corporation Reports Preliminary Unaudited Fourth Quarter and Fiscal Year 2025 Results.
About this update from Lict Corp.
[{"type":"text","content":"\r\n\r\n \r\n \r\n LICT Corporation Reports Preliminary Unaudited Fourth Quarter and Fiscal Year 2025 Results\r\n \r\n \r\n\r\n\r\nLICT Corporation Reports Preliminary Unaudited Fourth Quarter and Fiscal Year 2025 Results\r\n\r\n\r\n\r\n\r\n\r\n\r\nBroadband Services Remain the Primary Growth Driver of Telecommunications Operations\r\n\r\n\r\n RYE, N.Y.--(BUSINESS WIRE)--\r\nLICT Corporation (“LICT” or the “Company”; OTC Pink®: LICT), an integrated provider of broadband and voice services, today reported preliminary, unaudited financial results for the fourth quarter and full year 2025.\r\n\r\n\r\n \r\nHIGHLIGHTS\r\n\r\n\r\n \r\n \r\nFourth quarter revenue increased 8.8% year-over-year to $36.3 million\r\n\r\n\r\n \r\nEBITDA increased 9% to $13.9 million with EBITDA margin of approximately 38%\r\n\r\n\r\n \r\nFiber network expanded 19% to 8,184 route miles in 2025\r\n\r\n\r\n \r\nLICT continues to serve our communities with the support from numerous government programs aimed to increase broadband and communications connectivity in rural areas across the United States (“U.S.”).\r\n\r\n\r\n \r\nShareholder Charitable Contribution Program: Successfully completed at $100 per share for registered shareholders. LICT has contributed more than $11.2 million to charitable organizations through this program since its inception in 2016.\r\n\r\n\r\n \r\nNet leverage remained at 1.5x trailing 12-month EBITDA.\r\n\r\n\r\n \r\n \r\nJoe Cecin, LICT’s Chief Operating Officer commented, “Solid operating performance in 2025 was a result of expanded broadband deployments across our rural service territories with revenue growth driven primarily by broadband subscriber growth, fiber construction activity and contributions from the Manti Telephone Company (MTC) acquisition completed in early 2025.” Cecin continued, “With our investments in middle mile and distribution fiber we are well-positioned to meet the build-out requirements of federal broadband programs while supporting long-term demand for high-speed connectivity across the LICT markets.”\r\n\r\n\r\n \r\nBroadband services remain LICT’s primary growth engine and represent the fastest growing segment of our revenue base as customers migrate from legacy voice and video services to high-speed internet connect...