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Firan Technology Group Corporation (“FTG”) Announces Third Quarter 2025 Financial Results

TORONTO, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) today announced financial results for the third quarter 2025. Third Quarter Financial Highlights: Bookings: Total bookings reached $51.5 million for Q3, resulting in a Book-to-Bill ratio of 1.08Backlog: The quarter-end backlog stood at $137.1 million, a 12% rise from the previous year end.Revenue: Reached $47.7 million, a 10.8% increase over Q3 2024.Adjusted EBITDA: Achieved $7.7 million in th

Firan Technology Group CorporationOctober 8, 20257
Firan Technology Group Corporation (“FTG”) Announces Third Quarter 2025 Financial Results

About this update from Firan Technology Group Corporation

TORONTO, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) today announced financial results for the third quarter 2025. Third Quarter Financial Highlights: Business Highlights: In Q3 2025, the Corporation continued to grow organically while integrating the FLYHT acquisition from earlier in the year. FTG is strategically investing its capital in ways that will drive increased shareholder returns for the future in both the near term and long term. The company's achievements in Q3 2025 demonstrate this commitment, laying a strong foundation for continued growth. Table 1: Key Financial Metrics (Quarterly) (1)  Adjusted Net Earnings is not a measure recognized under International Financial Reporting Standards (“IFRS”). Management believes that this measure is important to many of the Corporation’s shareholders, creditors and other stakeholders. The Corporation’s method of calculating Adjusted Net Earnings may differ from other corporations and accordingly may not be comparable to measures used by other corporations. Table 2: Key Financial Metrics (Year-to-Date) (1)  Adjusted Net Earnings is not a measure recognized under International Financial Reporting Standards (“IFRS”). Management believes that this measure is important to many of the Corporation’s shareholders, creditors and other stakeholders. The Corporation’s method of calculating Adjusted Net Earnings may differ from other corporations and accordingly may not be comparable to measures used by other corporations. Table 3: EBITDA (2) EBITDA and Adjusted EBITDA are not measures recognized under International Financial Reporting Standards (“IFRS”). Management believes that these measures are important to many of the Corporation’s shareholders, creditors and other stakeholders. The Corporation’s method of calculating EBITDA and Adjusted EBITDA may differ from other corporations and accordingly may not be comparable to measures used by other corporations CEO Commentary: “We are pleased with our third quarter results which showed improvement in nearly all financial metrics comparing to last year, sustaining our strong year-over-year growth for 2025.” stated Brad Bourne, President and CEO of FTG. “Following an exceptional first half of the year, our revenue moderated in Q3 but we still see robust end-market demand from all market segments and are making operational improvements to support this demand. Our FLYHT acquisition remained profitable in the quarter as we continue integration efforts and capitalize on new product sales. We remain focused on managing external factors and have not seen any material impact from the US tariffs so far, though uncertainties remain.” About Firan Technology Group Corporation: FTG is an aerospace and defence electronics product and subsystem supplier to customers around the globe. FTG has two operating units: The Corporation's shares are traded on the Toronto Stock Exchange under the symbol FTG, and on the OTCQX Exchange under the symbol FTGFF. Conference Call Details: FTG will host a live conference call on Wednesday, October 8, 2025, at 8:30 a.m. (Eastern) to discuss the financial results. The call will be chaired by Mr. Brad Bourne, President and CEO of FTG. Participants can join the call by dialing 1-289-514-5100 or 1-800-717-1738, Conference ID 10435. A replay of the call will be available until November 14, 2025, and can be accessed by dialing 1-289-819-1325 or 1-888-660-6264, Playback Passcode 10435. The replay will also be available on the FTG website at www.ftgcorp.com . Forward-Looking Statements: This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG’s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as “anticipate”, “believe”, “expect”, “plan” or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation’s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. For further information please contact: Additional information can be found at the Corporation’s website www.ftgcorp.com .

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