NamSys (CTZ) Q2 2026 earnings summary

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.