ISC forecasts sustained growth, focusing on M&A and business development to support 2028 goals.

From GlobeNewswire: 2025-01-28 07:00:00

Information Services Corporation (ISC) forecasts sustained organic revenue and adjusted EBITDA growth in 2025, with a focus on M&A and business development to support 2028 growth goals. The company expects revenue to be in the range of $257.0 million to $267.0 million and adjusted EBITDA between $89.0 million to $97.0 million. ISC anticipates robust free cash flow to support further deleveraging of the balance sheet to achieve a net leverage target of 2.0x – 2.5x in the long term. The company’s growth plan aims to double the size of the company by 2028 based on 2023 results.

In 2024, ISC saw strong performance, with higher-than-expected high-value registrations in the Saskatchewan Land Registry contributing to results at the top end of guidance. The company expects ongoing growth in the Saskatchewan real estate market, with typical annual volume growth of two to three percent. ISC also plans for continued growth in its Regulatory Solutions and Recovery Solutions divisions, offsetting headwinds from other areas. Additionally, ISC forecasts double-digit growth in its Technology Solutions segment in 2025.

ISC uses adjusted EBITDA as a measure to evaluate performance and profitability of segments and subsidiaries, excluding non-operational and share-based volatility. Adjusted EBITDA is also used to measure the company’s ability to service debt and meet other obligations. ISC’s outlook for 2025 highlights its commitment to sustainable growth and financial performance while pursuing new opportunities.



Read more at GlobeNewswire: ISC Announces Annual Guidance and Outlook for 2025