Pason Systems Inc. (PSI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Joanna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Payson Systems, Inc.' 's fourth quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, please press star two. Thank you. The contents of today's call are protected by copyright and may not be reproduced without the prior written consent of Payson Systems, Inc. Please note the advisory is located at the end of the press release issued by Payson Systems yesterday, which describe forward-looking information. Certain information about the company that is discussed on today's call may constitute forward-looking information. Additional information about Payson Systems, including the risk factors relevant to the company, can be found in its annual information form. Celine Boston, CFO, you may begin your conference. Thanks, Joanna, and good morning, everyone. Thanks for attending the Paid Funds 2025 Fourth Quarter Conference Call. I'm joined on today's call by John Faber, our President and CEO. I'll start today's call with an overview of our financial performance in the fourth quarter and for the full year 2025. John will then provide a brief perspective on the outlook for the industry and for Paython, and will then take questions. Paython's results in 2025 demonstrate the resilience of our business model through lower industry activity. In 2025, Paython generated $419 million in consolidated revenue, 1% higher than revenue generated in 2024, even though there were decli...