Overview

* The supply chain management software provider's fiscal Q1 SaaS revenue up 25% yr/yr, misses analyst expectations

* Adjusted EBITDA rises 24% to C$3.2 mln, missing estimates

* Company maintains full fiscal 2026 guidance for revenue and EBITDA growth

Outlook

* Tecsys ( TCYSF ) maintains FY26 revenue growth guidance at 8-10%

* Company expects FY26 SaaS revenue growth of 20-22%

* Tecsys ( TCYSF ) projects FY26 adjusted EBITDA margin of 8-9%

* Company confident in FY26 outlook due to strong pipeline

Result Drivers

* SAAS REVENUE GROWTH - 25% increase in SaaS revenue driven by expanded sales pipeline and successful user conference

* PROFESSIONAL SERVICES - 20% growth in professional services revenue due to robust implementation activity

* BANGALORE CONTRIBUTION - New Bangalore location contributing to product development and overall results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Miss C$19.10 C$47 mln

Revenue mln (3

Analysts

)

Q1 EPS C$0.05

Q1 Net C$800,00

Income 0

Q1 Miss C$3.20 C$3.37

Adjusted mln mln (3

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Tecsys Inc ( TCYSF ) is C$48.00, about 25% above its September 3 closing price of C$36.00

* The stock recently traded at 54 times the next 12-month earnings vs. a P/E of 60 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)