07:22 AM EDT, 03/25/2026 (MT Newswires) -- ACT Energy Technologies ( ACXAF ) reported Wednesday lower net income and revenue year over year for the fourth quarter of 2025.
The company posted a net income of $3.1 million, or $0.08 per diluted share, in the three months ended Dec. 31, 2025, falling from $14.9 million, or $0.38 per diluted share, in the year-ago period.
Revenue dropped to $109.3 million from $128.1 million while adjusted EBITDA was down to $17.4 million from $17.6 million.
ACT attributed the lower revenue to a decline in operating days, as well as the impact of the increasingly competitive U.S. market amid commodity price volatility.
For 2026, ACT said its capital allocation strategy remains focused on investing in high-return, organic growth opportunities, returning capital to shareholders, and preserving flexibility for strategic acquisitions.