Press release
LSI Industries Reports Fiscal 2025 Fourth Quarter and Full-Year Results and Declares Quarterly Cash Dividend
CINCINNATI--(BUSINESS WIRE)-- LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display
About this update from Lsi Industries Inc.
[{"type":"text","content":" CINCINNATI--(BUSINESS WIRE)--\nLSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2025 fourth quarter and full year ended June 30, 2025.\n\n\nFISCAL 2025 FOURTH QUARTER RESULTS\n\n\n\nNet Sales +20% y/y to $155.1 million\n\n\n\nNet Income $8.2 million; Adjusted Net Income $10.6 million\n\n\n\nDiluted EPS of $0.26; Adjusted EPS $0.34 per diluted share\n\n\n\nEBITDA $15.5 million; Adjusted EBITDA $17.0 million or 11.0%/sales\n\n\n\nFree Cash Flow $8.5 million\n\n\n\nFISCAL 2025 FULL YEAR RESULTS\n\n\n\nNet Sales +22% y/y to record $573.4 million\n\n\n\nNet Income $24.4 million; Adjusted net income $32.9 million\n\n\n\nDiluted EPS of $0.79; Adjusted EPS of $1.07 per diluted share\n\n\n\nEBITDA of $48.3 million; Adjusted EBITDA $55.0 million or 9.6%/sales\n\n\n\nFree Cash Flow of $34.7 million\n\n\n\nRatio of net debt to TTM Adjusted EBITDA of .8x\n\n\n\nLSI reported net sales of $155.1 million in the fourth quarter, an increase of 20% versus the prior year period, led by improved demand across both its lighting and display solutions markets. Net sales, excluding acquisition-related contributions, increased 11% in the fourth quarter when compared to the year-ago period. LSI reported fourth quarter net income of $8.2 million, or $0.26 per diluted share, while adjusted net income was $10.6 million, or $0.34 per diluted share.\n\n\nThe Company generated adjusted EBITDA of $17.0 million in the fourth quarter, an increase both on a sequential and prior year basis. Fourth quarter adjusted EBITDA margin rate improved 250 basis points versus the fiscal third quarter, driven by increased demand, selling price aligned with material input costs, and improved productivity.\n\n\nLSI continued to advance its vertical market strategy throughout fiscal 2025, including the integration of EMI Industries, which was acquired in April 2024, and the more recent acquisition of Canada’s Best Holdings, which was acquired in March 2025. For the twelve months ended June 30, 2025, LSI reported record sales of $573.4 million, an increase of 22% versus the prior year period. The increase was driven by a combination of organic growth, together with contributions from acquisitions.\n\n\nThe Company reported fiscal 2025 net income...