Crown Capital Partners (CRWN) Q4 2025 earnings summary

Executive summary

• Net income of $1.7 million in Q4 2025, reversing a net loss of $10.9 million in Q4 2024, driven by improved segment performance and reduced corporate expenses.

• Adjusted EBITDA rose to $7.8 million in Q4 2025 from $0.4 million in Q4 2024, reflecting strong growth in Network Services and Distribution Services.

• Revenue for Q4 2025 was $35.5 million, up from $18.7 million in Q4 2024, with significant contributions from Network Services.

Financial highlights

• Q4 2025 net income per basic share was $0.29, compared to a loss of $1.95 per share in Q4 2024.

• Adjusted EBITDA per share was $1.31 in Q4 2025, up from $0.07 in Q4 2024.

• Total equity at quarter-end was $5.2 million, down from $8.6 million at the end of 2024.

• Total assets increased to $154.6 million from $147.0 million year-over-year.

Outlook and guidance

• The company is in advanced stages of asset disposals to address liquidity needs, but there is no assurance these will be completed.

• Financial year-end changed from December 31 to March 31 to improve operational efficiencies and audit alignment; current year will include five quarters.

• Forward-looking statements highlight ongoing review of dividend policy and future capital deployments, subject to market and operational conditions.