TECSYS Inc. (TCS) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to Texas Fiscal Year 2026 Fourth Quarter and Full Year Results Conference Call. Please note that the MDMA and financial statements were filed on Cedar Plus after market close yesterday. All dollar amounts are expressed in Canadian currencies and are prepared in accordance with international financial results. Some of the statements in this conference concluded in a question-and-answer period, mainly from forward-looking statements that are based on the management's beliefs and assumptions. Actual results may differ materially from such statements. I would like to remind everyone that this call is being recorded on Tuesday, June 30, 2026, at 8.30 a.m. Eastern Time. I would like to turn the conference over to Mr. Peter Burton, Chief Executive Officer at Texas. Please go ahead, sir. Thank you. Good morning, everyone. I'm joined today by Mark Bentley, our Chief Financial Officer. We appreciate you joining us. I'm pleased to report that fiscal 26 closed with records across the board. Record Q4 revenue of $50 million, record Q4 adjusted EBITDA of $6.7 million, and record full-year revenue of $193 million. SAS grew 20% for the year, and adjusted EBITDA reached 10% ahead of our guidance range. These results reflect the continued strength of our elite platform and our healthcare solutions, which remain the core of our business and the primary driver of SAS ARR growth. Before Mark covers the financials, I want to share some of the highlights from the year. In 2004, we added two significant new customers, Memorial Hermann Health System, an $8.3 billion patient revenue health system, and one of the largest not-for-profit systems in Texas, selected Texas to power supply chain operations across their network. And Shepherd Center, one of the country'...