Nanalysis Scientific Corp. (NSCI:CA) Q3 2025 Earnings Call Prepared Remarks Transcript

Jake Bouma

Good afternoon, everyone. Welcome, and thank you for joining Nanalysis Scientific Corp.’s Q3 2025 Earnings Call. I am Jake Bouma, an IR consultant for analysis.

Today, on the line discussing Nanalysis Q3 2025 financial results and company highlights are the company’s President, CEO and Founder Sean Krakiwsky; and CFO, Randall McRae. Following their remarks, we will open up the call for an analyst Q&A session. Before handing over the call to Sean and Randall, please note that information we present today could contain forward-looking information that is based on management’s expectations, estimates and projections. Please consider the risk factors, including those in the filings made by Nanalysis on SEDAR when reviewing this information. Also, all amounts discussed will be in Canadian dollars unless otherwise noted.

With that, I’d like to turn the call over to Nanalysis CFO, Randall McRae.

Randall McRae
Chief Financial Officer

Thanks, Jake. It’s a pleasure to join and speak with everyone on the call today. First, I’ll dive into the financial results for the third quarter, which ended September 30, 2025. All amounts referenced here are Canadian dollars.

Financial highlights for the 3 months ended September 30 include the company reported consolidated revenue of $9.3 million, a decrease of $1.3 million or 12% from the comparative period in 2024.

Within the product sales segment, this decline was due to shedding of certain lines of business that we discontinued, and macroeconomic uncertainty. Sales of capital equipment remained slow globally with increased pricing pressure, resulting in a decline in overall revenues. Within the security services segment, security services revenue increased by 10% year-over-year due to increased