From GlobeNewswire: 2025-06-09 17:00:00

Environmental Tectonics Corporation (ETC) reported strong financial results for fiscal 2025, with net income of $13.1 million, a significant increase from $1.8 million in fiscal 2024. Sales rose to $62.9 million, gross profit increased to $18.5 million, and diluted earnings per share were $0.75 in fiscal 2025.

In the 2025 fiscal fourth quarter, ETC saw net income of $7.6 million, up from $2.8 million in the 2024 fiscal fourth quarter. Sales increased to $19.1 million, with gross profit at $4.7 million. ETC remains optimistic about its future with a backlog of $87 million and a strong pipeline of opportunities.

Key factors driving ETC’s financial performance include higher international and domestic sales, increased gross profit margin, and a positive impact from income tax benefits. The company’s operational expenses also saw an increase, primarily due to higher sales and administrative expenses.

Interest expense, net, increased in fiscal 2025 to $1.2 million, reflecting higher borrowing related to the leaseback of demonstration equipment. ETC also recorded an income tax benefit of $5.6 million in fiscal 2025, compared to $0.1 million in fiscal 2024.

ETC’s liquidity and capital resources remained stable, with working capital at $19.7 million as of February 28, 2025. The company anticipates its sources of liquidity will be sufficient to fund operating activities, capital expenditures, and debt repayment obligations throughout fiscal 2025.

In summary, ETC’s financial performance for fiscal 2025 and the 2025 fiscal fourth quarter showed significant growth in sales, net income, and gross profit. The company’s strategic focus on operational efficiencies and strong backlog positions it well for future success in its Aerospace and Commercial/Industrial Systems segments.



Read more at GlobeNewswire:: ETC Announces Fiscal 2025 Full Year and Fourth Quarter