(RTTNews) - Blackline Safety Corp. (BLN.TO) on Thursday reported fourth-quarter results for fiscal 2025 for the period ended October 31, 2025.
The company recorded a net loss of $620 thousand or $0.01 per share, compared with a net loss of $68 thousand or $0 per share in the same quarter previous year.
The fourth-quarter loss was driven mainly by high operating expenses, including a one-time G&A charge and softer product revenue, which offset growth in recurring service revenue.
The company reported a revenue of $39.2 million, slightly higher than $35.6 million from the previous year's fourth quarter.
Blackline Safety reported an EBITDA of $1.39 million or $0.02 per share, falling from $2.4 million or $0.03 per share during the same quarter last year.
Blackline ended fiscal 2025 with $46.6 million in cash and short-term investments and said continued expansion of its connected safety platform and the upcoming launch of its next-generation G8 wearable device are expected to support future growth.
BLN.TO currently trades at $7.1, or 2.16% higher on the Toronto Stock Exchange.
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