Tecsys Inc
TSX:TCS
Tecsys Inc
TECSYS, Inc. engages in the development and marketing of enterprise wide distribution software and related services. The company is headquartered in Montreal, Quebec and currently employs 655 full-time employees. The firm also provides related consulting, education, and support services. The Company’s supply chain solutions include Elite enterprise, Elite healthcare, Omni retail, and Streamline. The company also offers business consulting services, including warehousing and inventory management, transportation and logistics, procurement planning, business intelligence, accounting and finance, and business process re-engineering. The firm offers a range of services, including support services, system enhancement, cloud services, advisory services, software as a service subscriptions, maintenance and support services, professional services (including implementation, consulting and training services provided to customers as well as reimbursable expenses), licenses and hardware.
TECSYS, Inc. engages in the development and marketing of enterprise wide distribution software and related services. The company is headquartered in Montreal, Quebec and currently employs 655 full-time employees. The firm also provides related consulting, education, and support services. The Company’s supply chain solutions include Elite enterprise, Elite healthcare, Omni retail, and Streamline. The company also offers business consulting services, including warehousing and inventory management, transportation and logistics, procurement planning, business intelligence, accounting and finance, and business process re-engineering. The firm offers a range of services, including support services, system enhancement, cloud services, advisory services, software as a service subscriptions, maintenance and support services, professional services (including implementation, consulting and training services provided to customers as well as reimbursable expenses), licenses and hardware.
SaaS Strength: SaaS revenue climbed 22% year-over-year to $19.7 million, with SaaS ARR up 16%.
Total Revenue: Total revenue grew 15% year-over-year this quarter and 12% for the first half of fiscal 2026.
Profitability: Record adjusted EBITDA rose 71% to $5.0 million, and net profit was $1.8 million compared to $758,000 last year.
Margins: Gross margin increased to 52%, up 400 basis points from last year.
Guidance Maintained: Management reaffirmed full-year guidance for SaaS revenue growth (20–22%), total revenue growth (8–10%), and adjusted EBITDA margin (8–9%).
Healthcare Pipeline: Healthcare SaaS pipeline is up about 60% year-over-year, but decision cycles are elongated due to macro headwinds.
Innovation & AWS: Elite platform is now available on AWS Marketplace; ongoing AI investments highlighted, including new TecsysIQ platform.
Shareholder Returns: $2.8 million used for share buybacks and $2.5 million paid in dividends; board approved quarterly dividend of $0.09 per share.
