SSC Security Services Corp. ("SSC" or the "Company) (TSXV: SECU) (OTCQX: SECUF), a national provider of cyber, physical and electronic security services to commercial, industrial and public sector clients across Canada, is pleased to release its results for the first quarter ended December 31, 2025. All figures are presented in Canadian dollars.
"Our first quarter results were strong, delivering the highest quarterly revenues in the Company's history. Organic growth, combined with excellent renewal rates as existing contracts came due, demonstrates the strength of our management team and the top-tier level of service we provide to our customers. We receive this type of feedback regularly, and our first quarter results confirm it. As always, our objective is to protect our cash while remaining opportunistic in our efforts to grow the Company. We continue to be well capitalized and debt-free," said Chairman and CEO Doug Emsley.
Key Highlights for Q1 2026:
- Record Revenue Growth – The Company generated $33.5 million in revenue in Q1 2026, an increase of 14.7% from $29.2 million in the prior-year first quarter. This represents the highest quarterly revenue in the Company's history.
- Consistent Adjusted EBITDA - Adjusted EBITDA for the quarter ended December 31, 2025 was $1.1 million ($0.06 per share), consistent with the prior-year first quarter adjusted EBITDA of $1.2 million ($0.06 per share).
- Gross Profit Growth – Gross profit increased to $5.1 million (15.2% margin) for the three months ended December 31, 2025, compared to $4.8 million (16.5%) in the same three-month period last year.
- 37th Consecutive Quarterly Dividend Paid - During the quarter we paid $0.03 per share in dividends to shareholders.
- We finished the quarter ended December 31, 2025 with:
- Cash and cash equivalents of $8.6 million equal to $0.47 per share;
- Working capital of $25.1 million;
- Total shareholders' equity of $60.8 million; and
- No debt.
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