Tecsys Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2026

Elite^TM SaaS Revenueⁱⁱ Up 21% Driving Record Revenue Quarter, Adjusted EBITDAⁱ Up 56%

Montreal, June 29, 2026 — Tecsys Inc. (TSX: TCS), an industry-leading supply chain management company, today announced its results for the fourth quarter and full year of fiscal 2026, ended April 30, 2026. All dollar amounts are expressed in Canadian currency and are prepared in accordance with International Financial Reporting Standards (IFRS).

“Fiscal 2026 reinforced the critical role supply chain execution plays in helping  organizations  operate with confidence in increasingly complex environments,” said Peter Brereton, President and CEO at Tecsys. “Resilience, visibility and execution confidence have become baseline expectations, and we continue to see strong engagement across our customer base — including record participation at our recent Tecsys User Conference — reinforcing demand for more connected, intelligent supply chain operations. Building on our strong SaaS foundation, we continue to advance AI-driven capabilities, including TecsysIQ, to better connect data, workflows and decisions in real time. We enter fiscal 2027 with a strong recurring revenue base and confidence in the opportunities ahead.”

Mark Bentler, Chief Financial Officer of Tecsys, added, “We closed fiscal 2026 with a strong fourth quarter, delivering record revenue of $50 million,  Elite^TM SaaS revenueⁱⁱ growth of 21% and record Adjusted EBITDAⁱ of $6.7 million. Our fiscal 2026 total revenue growth and SaaS revenue growth were in line with our financial guidance. Our fiscal 2026 Adjusted EBITDAⁱ margin was 10%, ahead of our financial guidance of 8-9%. Today we are providing fiscal 2027 financial guidance with continued revenue growth and Adjusted EBITDAⁱ margin expansion.”

Fourth Quarter Highlights:

• Total SaaS revenue increased by 17% to $21.5 million, up from $18.4 million in Q4 2025. Elite^TM SaaS revenueⁱⁱ increased by 21% compared to Q4 last year.

• Total SaaS ARRⁱⁱⁱ increased by 13% (15% on a constant currency basisⁱⁱⁱ) to $86.8 million on April 30, 2026, compared to $76.5 million on April 30, 2025. Elite^TM SaaS ARRⁱⁱⁱ increased by 19% (21% on a constant currency basis).

• Total SaaS Remaining Performance Obligation (RPOⁱⁱⁱ) increased by 12% (14% on a constant currency basisⁱⁱⁱ) to $243.0 million at April 30, 2026, up from $216.7 million at the same time last year.

• Total revenue increased to a record $50.0 million compared to $46.6 million in Q4 2025.

• Net loss was $0.2 million ($0.02 basic and diluted loss per share) in Q4 2026, compared to a net profit of $1.7 million ($0.12 basic earnings per share and $0.11 diluted earnings per share) for the same period in fiscal 2025. Restructuring costs of $4.7 million (pre-tax) were recognized during the quarter.

• Adjusted net profitⁱ was $3.2 million in Q4 2026, compared to $1.7 million for the same period in fiscal 2025.

• Adjusted EBITDAⁱ was $6.7 million compared to $4.3 million reported in Q4 last year.

• In the fourth quarter of fiscal 2026, Tecsys acquired 207,800 of its outstanding common shares for approximately $5.9 million as part of its ongoing Normal Course Issuer Bid, compared to 22,800 common shares acquired in the same period last year for approximately $0.9 million.
  

Fiscal 2026 Highlights:

• Total SaaS revenue increased by 20% to $80.4 million, up from $67.1 million in fiscal 2025. Elite^TM SaaS revenueⁱⁱ increased by 24% compared to last year.

• Total revenue increased to a record $193.1 million compared to $176.5 million in fiscal 2025.

• Net profit was $4.0 million ($0.27 basic and diluted earnings per share) in fiscal 2026, compared to $4.5 million ($0.30 basic and diluted earnings per share) in fiscal 2025.

• Adjusted net profitⁱ was $7.5 million in fiscal 2026, compared to $4.5 million in fiscal 2025.

• Adjusted EBITDAⁱ was $20.0 million compared to $13.4 million in fiscal 2025.

• In Fiscal 2026, Tecsys acquired 423,814 of its outstanding common shares for approximately $13.2 million as part of its ongoing Normal Course Issuer Bid, compared to 172,200 common shares acquired in the same period last year for approximately $6.9 million.

ⁱ See Non-IFRS Performance Measures in Management’s Discussion and Analysis of the 2026 Financial Statements.
ⁱⁱ Elite^TM SaaS Revenue refers to our core product and the predominant contributor to total SaaS Revenue.
ⁱⁱⁱ See Key Performance Indicators in Management’s Discussion and Analysis of the 2026 Financial Statements.

Financial Guidance:

“Total revenue growth guidance reflects sustained SaaS revenue growth and stable professional services and hardware revenue, partially offset by ongoing declines in legacy maintenance revenue, including the effects of SaaS migrations,” noted Mark Bentler, Chief Financial Officer of Tecsys. “To provide investors with greater visibility into the performance of our core growth engine, we are introducing guidance for Elite^TM SaaS revenueⁱⁱ Growth.”

Tecsys is providing financial guidance as follows:

On June 29, 2026, the Company declared a quarterly dividend of $0.09 per share to be paid on August 4, 2026, to shareholders of record on July 10, 2026.

Pursuant to the Canadian Income Tax Act, dividends paid by the Company to Canadian residents are considered to be “eligible” dividends.

Q4 and FY2026 Financial Results Conference Call
Date: June 30, 2026
Time: 8:30 a.m. ET
Phone number: 800-836-8184 or 646-357-8785
The call can be replayed until July 7, 2026, by calling:
888-660-6345 or 646-517-4150 (access code: 11868#)

About Tecsys

Tecsys is trusted by mission-critical organizations in healthcare and distribution to power resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TSX). For more information, visit www.tecsys.com.

Contact

Public Relations: Belinda Thomas (belinda.thomas@tecsys.com)
Investor Relations: investors@tecsys.com
Solutions and General info: info@tecsys.com
By phone: (514) 866-0001 or (800) 922-8649

Forward Looking Statements

The statements in this news release relating to matters that are not historical fact are forward-looking statements that are based on management’s beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that Tecsys Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of Tecsys Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with Tecsys Inc.’s business can be found in the MD&A section of the Company’s annual report and the most recently filed annual information form. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR+ (www.sedarplus.ca).

Copyright © Tecsys Inc. 2026. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.

Non-IFRS Measures

Reconciliation of EBITDA and Adjusted EBITDA

EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization. Adjusted EBITDA is calculated as EBITDA before stock-based compensation and restructuring costs. The exclusion of interest expense, interest income, income taxes and restructuring costs eliminates the impact on earnings derived from non-operational activities and non-recurring items, and the exclusion of depreciation, amortization and stock-based compensation eliminates the non-cash impact of these items.

The Company believes that these measures are useful measures of financial performance without the variation caused by the impacts of the items described above and that could potentially distort the analysis of trends in our operating performance. In addition, they are commonly used by investors and analysts to measure a company’s performance, its ability to service debt and to meet other payment obligations, or as a common valuation measurement. Excluding these items does not imply that they are necessarily non-recurring. Management believes these non-IFRS financial measures, in addition to conventional measures prepared in accordance with IFRS, enable investors to evaluate the Company’s operating results, underlying performance and future prospects in a manner similar to management. Although EBITDA and Adjusted EBITDA are frequently used by securities analysts, lenders and others in their evaluation of companies, they have limitations as an analytical tool, and should not be considered in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS.

The reconciliation of EBITDA and Adjusted EBITDA to the most directly comparable IFRS measure is provided below.

Adjusted net profit

Adjusted net profit represents net profit adjusted to exclude restructuring costs, net of related tax benefits which are determined based on statutory income tax rates.

The Company believes that this measure is a useful measure of financial performance without the variation caused by the impact of the restructuring costs, net of tax, described above.

The reconciliation of Adjusted net profit to the most directly comparable IFRS measure is provided below.