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Exco Technologies (XTC) investor relations material

Exco Technologies Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary27 Nov, 2025

Executive summary

  • Fiscal 2025 revenue reached $615.3 million, with Q4 sales of $150.7 million and net income of $8.2 million, reflecting resilience amid industry headwinds such as tariffs, regulatory shifts, and delayed EV adoption.

  • EBITDA for the year was $69 million, with Q4 EBITDA at $18 million (11.9% of sales), down from $20.6 million (13%) last year, and EPS was $0.63.

  • Free cash flow for the year was $40.7 million, with $13.8 million generated in Q4, supporting growth and shareholder returns.

  • Net debt reduced to $67.1 million, with liquidity of $61.6 million and net leverage at 1x.

  • $20 million was returned to shareholders, and a quarterly dividend of $0.105 per share was declared.

Financial highlights

  • Q4 consolidated sales were $150.7 million, down 3% year-over-year, with net income of $8.2 million ($0.22 per share), up from $7.7 million ($0.20 per share) due to tax asset recognition.

  • Q4 EBITDA was $18 million (11.9% of sales), down from $20.6 million (13%) last year; annual EBITDA was $69 million, down from $82.2 million.

  • Operating cash flow before working capital changes was $14.9 million; working capital changes contributed $6.7 million in cash.

  • Capital expenditures for the quarter totaled $11.1 million, including $4.5 million for growth.

  • FX movements increased revenues by $4.1 million.

Outlook and guidance

  • Fiscal 2026 revenue, EBITDA, and EPS targets were withdrawn due to global trade policy and tariff uncertainty, but long-term growth is expected from new program launches, greenfield investments, and reshoring trends.

  • CapEx for fiscal 2026 is projected at $27–$28 million, trending toward maintenance levels.

  • S&P Global Mobility forecasts combined NA and Europe vehicle production to decline 3% in Q4C25 and remain flat in C2026.

  • Products compliant with USMCA rules are expected to remain exempt from tariffs, supporting competitive positioning.

  • Demand in extrusion tooling remains strong, diecast tooling is recovering, and automotive solutions are stabilizing.

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Frequently asked questions

Exco Technologies Limited designs, develops, and manufactures automotive systems and components, including die-cast molds and extrusion tooling. It serves global automotive, industrial, and commercial vehicle markets. The company is headquartered in Markham, Canada, and its shares are listed on the TSX.

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