NamSys
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NamSys (CTZ) investor relations material

NamSys Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary26 Jun, 2026

Executive summary

  • Revenue grew 6% year-over-year to $2,133,531 for the quarter ended April 30, 2026.

  • Net income increased 18% to $655,052 ($0.02 per share) compared to the same quarter last year.

  • Continued investment in the Cirreon platform and AI integration across internal processes.

Financial highlights

  • Operating income rose 2% to $838,266 year-over-year.

  • Gross margin declined to 61% from 66% year-over-year.

  • Operating margin slightly decreased to 39% from 41%.

Capital allocation and financing

  • Paid a special dividend of $0.15 per share, returning $4,027,790 to shareholders.

  • Net cash position at $7,366,047, or $0.27 per diluted share, after dividend payment.

  • Repurchased and cancelled 37,500 common shares during the quarter; 220,300 shares cancelled under the Normal Course Issuer Bid concluded in March 2026.

CEO's stated reason for returning capital
Identify the cloud environment for subscriptions
Total shares cancelled under the concluded NCIB
Staffing impact on gross margin compression
Risk of replacement during bank merger activity
Mitigating the lack of accounting segregation
Impact of the $4M special dividend on equity
Employee compensation impact on cost of sales
Details on the $1.1M termination commitments
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