SSC Security Services (SECU) Q4 2025 earnings summary

Executive summary

• Achieved steady, predictable growth with a focus on profitability and margin improvement for FY2025 and Q4 2025.

• Maintained disciplined M&A, share buybacks, and capital allocation strategies.

Financial highlights

• FY2025 revenue was $119.4 million, nearly flat year-over-year; Q4 revenue rose 9.3% to $32.4 million compared to Q4 2024.

• Gross profit for FY2025 increased to $20.0 million (16.8% margin) from $19.2 million (15.9%) in FY2024; Q4 gross profit up 12.2% year-over-year.

• Adjusted EBITDA for FY2025 was $5.7 million ($0.31/share), up 13.4% from $5.0 million ($0.26/share) in FY2024.

• Adjusted net income for FY2025 was $2.7 million ($0.15/share), up from $2.0 million ($0.10/share) in FY2024.

• Paid 36th consecutive quarterly dividend of $0.03/share.

Outlook and guidance

• Anticipates continued growth in demand for integrated security services, with potential for further expansion via acquisitions.

• Plans to maintain financial conservatism, strong margins, and maximize Adjusted EBITDA per share.

• Legacy assets expected to convert to cash for business expansion.