Omni-Lite Reports Strong Second Quarter Results with Record Profitability and High Demand
Omni-Lite Industries Canada Inc. reported Q2 results showing strong financial performance, including revenue of $4.8 million and adjusted EBITDA of approximately US$926,000, representing a 19.3% margin. The company also noted robust demand with bookings reaching US$6.4 million and a book-to-bill ratio of 1.34. The firm's backlog reached record levels at US$10.7 million, while liquidity remained strong with cash reserves totaling US$3.1 million and no outstanding debt. Year-to-date for fiscal 2026, revenue stood at $9.2 million with adjusted EBITDA of $1.8 million (a margin of 19.4%) and bookings of $11.3 million. These results reflect a solid performance driven by strong demand in the company's core markets.
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Topics: adjusted_ebitda backlog book-to-bill_ratio liquidity revenue