Business
NTG Clarity Announces 2025 Guidance
Toronto, Ontario--(Newsfile Corp. - March 26, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Announces 2025 GuidanceToronto, Ontario--(Newsfile Corp. - March 26, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC Pink: NYWKF) NTG Clarity (\"NTG\" or the \"Company\") is pleased to announce its 2025 financial guidance. Building on strong performance in 2024, The Company's financial outlook is based on expected sustained momentum across its business, driven by a history of growing backlog, strong customer demand, and expansion of engagements by existing clients.Financial Outlook for 2025Revenue: Expected to be approximately $75 millionAdjusted EBITDA Margin: Forecasted in the range of 16% - 20%\"Our 2025 guidance reflects our confidence in another year of meaningful growth, profitability, and cash generation,\" said Adam Zaghloul, Vice President of Strategy & Planning at NTG Clarity. \"Our backlog now exceeds $105 million, with approximately $80 million of the backlog secured against three-year contracts. This visibility into future revenue gives us strong conviction in our outlook. While we expect some near-term margin impact as we scale to meet increasing demand, we look forward to demonstrating the operating leverage inherent in our model as the year progresses.\"Mr. Zaghloul continued, \"Our growth strategy is clearly delivering results. We are gaining traction across key customer segments, benefiting from a strong network of decision-makers driving referrals and new business wins. At the same time, our existing customers continue to expand their engagements, a testament to the value our solutions provide. With rapid digital transformation and market tailwinds at our back, we believe we are well positioned to capture additional upside.\"Additionally, the company announced a shift in its financial reporting metrics, moving from net income margin guidance to Adjusted EBITDA guidance. \"This change in reporting better reflects the underlying strength of our business by excluding the impact of foreign exchange fluctuations. While we are not affected by tariffs and the macro environment in North America, foreign exchange dynamics can create variability that is not representative of our core performance. As a reminder we primarily bill our customers in the Saudi Riyal which is pegged to the US Dollar, while we report in Canadian dollars with a significant amount of expenses paid in both Egyptian pounds and Ca...