Namsys Reports Second Quarter Results
Second Quarter Highlights (for the three months ended April 30, 2025 compared to April 30, 2024)
- Revenue increased 21% to $2,010,250 from $1,660,620 Operating income increased 38% to $821,779 from $595,065 Net income for the quarter was up 6% to $557,361 ($0.03 per share) from $523,928 ($0.02 per share) Gross margin of 66% and operating margin of 41%
"This quarter reflects healthy revenue growth and our investment in sales and product development, which are expected to sustain and accelerate future growth," stated Jason Siemens, President & CEO.
The financial statements and Management's Discussion and Analysis for the fiscal quarter ended April 30th, 2025 are available under the Company's profile on SEDAR at .
NamSys Inc. products are designed to bring efficiency to the processing of currency and other value instruments in retailers, financial institutions, and cash-in-transit providers. NamSys' proprietary systems for this market are sold as software-as-a-service subscriptions and operate in the public cloud service providers.
For further information, please contact: Jason Siemens, President & CEO, Tel: +1-289-748-3685 or ... .
Neither TSX Venture Exchange nor it's Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
SOURCE: Namsys Inc.
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