Omni Lite Industries Canada (OML) Q2 2025 earnings summary

Executive summary

• Q2 2025 revenue reached $3.5 million, a 5% sequential increase, driven by aerospace fastener growth and the eComp acquisition.

• Adjusted EBITDA for Q2 2025 was $95,000, with year-to-date adjusted EBITDA at $503,000, reflecting improved contributions from all locations.

• Backlog at June 30, 2025, was $6.3 million, up $1.6 million year-over-year, with an additional $1.4 million order received post-quarter, mostly to be shipped in 2025 and 2026.

• Completed acquisition of eComp in April 2025 for $350,000 in cash, expanding defense sector presence and integrating into operations.

• Net loss of $166,000 in Q2 2025 versus net income of $286,000 in Q2 2024; YTD net loss of $58,000 versus net income of $701,000.

Financial highlights

• Q2 2025 revenue: $3.5 million, down from $4.3 million year-over-year; YTD revenue: $6.8 million, down from $8.6 million.

• Adjusted EBITDA for Q2 2025: $95,000, down from $552,000 year-over-year; YTD: $503,000, down from $1.4 million.

• Free Cash Flow for Q2 2025: $170,000; YTD: $511,000.

• Cash balance at quarter end: $2.9 million, up $1.2 million year-over-year, with no debt outstanding.

• Diluted EPS for Q2 2025: $0.00, down from $0.05 in Q2 2024.

Outlook and guidance

• Sustained demand growth is expected in engineering fastener components for commercial and defense aerospace platforms.

• Microelectronics revenue expected to rebound in Q3 2025 due to strong order flow.

• Anticipates further significant orders for U.S. military platforms amid global defense stockpile replenishment.

• The majority of the current backlog is expected to ship within fiscal 2025, with some extending into early 2026.

• Positioned to leverage expanded capabilities and relationships for high-demand defense programs.