INTOUCH INSIGHT ANNOUNCES 2025 FINANCIAL RESULTS AND UPCOMING WEBINAR
Key Highlights for 2025
- Gross margin increased by
$195,453 to 50.3%, compared to 44.5% in 2024 - Total revenue decreased 10% to
$25,394,364 , compared to$28,224,202 in 2024 - SaaS revenue increased, marking the tenth consecutive year of growth
- EBITDA was
$1,640,508 , compared to$2,223,350 in 2024
"2025 was a transitional year for Intouch as we took deliberate steps to reposition our revenue base and begin investing in future growth initiatives. The improvement in gross margin dollars, despite revenues that were lower by
During the year, we made targeted investments to support future growth including hiring additional sales and marketing personnel, adding additional product development resources, and rebuilding our merchandising business. We believe these ongoing investments including those in artificial intelligence will position the Company to deliver improved performance."
Watt added:
"The Company has established a strategic direction focused on long-term growth, supported by key operational and technology initiatives. In 2026, we expect to continue advancing these efforts while working towards sustained revenue growth, including contributions from our merchandising activities."
Event: Radius Research Pitch, Deep Dive, and Q&A with
Presentation Date & Time:
Webcast Registration Link: https://us02web.zoom.us/webinar/register/5617738677126/WN_-s6UqyAVQKSLll1aHGUMQw
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Consolidated Statements of Net (Loss) Income |
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2025 |
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2024 |
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Revenue |
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$ 25,394,364 |
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$ 28,224,202 |
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Cost of services |
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12,631,407 |
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15,656,698 |
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Gross margin |
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12,762,957 |
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12,567,504 |
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Total operating expenses |
13,080,036 |
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11,632,074 |
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Income from operating activities |
(317,079) |
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935,430 |
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Non-operating (expenses) income |
(234,122) |
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1,163,664 |
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Income tax recovery (expense) |
(283,310) |
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(696,302) |
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Net (loss) income |
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$ (834,511) |
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$ 1,402,792 |
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About
Certain statements included in this news release contain forward looking statements that are made as of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events, including the acquisition, future revenues and references to the Company's expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at www.sedar.com. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither
SOURCE