Mr. Adam Zaghloul reports

NTG CLARITY ANNOUNCES 2025 GUIDANCE

NTG Clarity Networks Inc. has released its 2025 financial guidance. Building on strong performance in 2024, the company's financial outlook is based on expected sustained momentum across its business, driven by a history of growing backlog, strong customer demand and expansion of engagements by existing clients.

Financial outlook for 2025

• Revenue: expected to be approximately $75-million;
• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) margin: forecasted in the range of 16 per cent to 20 per cent.

"Our 2025 guidance reflects our confidence in another year of meaningful growth, profitability and cash generation," said Adam Zaghloul, vice-president of strategy and planning at NTG Clarity. "Our backlog now exceeds $105-million, with approximately $80-million of the backlog secured against three-year contracts. This visibility into future revenue gives us strong conviction in our outlook. While we expect some near-term margin impact as we scale to meet increasing demand, we look forward to demonstrating the operating leverage inherent in our model as the year progresses."

Mr. Zaghloul continued: "Our growth strategy is clearly delivering results. We are gaining traction across key customer segments, benefiting from a strong network of decision makers driving referrals and new business wins. At the same time, our existing customers continue to expand their engagements, a testament to the value our solutions provide. With rapid digital transformation and market tailwinds at our back, we believe we are well positioned to capture additional upside."

Additionally, the company announced a shift in its financial reporting metrics, moving from net income margin guidance to adjusted EBITDA guidance.

"This change in reporting better reflects the underlying strength of our business by excluding the impact of foreign exchange fluctuations. While we are not affected by tariffs and the macroenvironment in North America, foreign exchange dynamics can create variability that is not representative of our core performance. As a reminder we primarily bill our customers in the Saudi Riyal which is pegged to the U.S. dollar, while we report in Canadian dollars with a significant amount of expenses paid in both Egyptian pounds and Canadian dollars," Mr. Zaghloul explained.

About NTG Clarity Networks Inc.

NTG Clarity Networks' vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking and IT solutions to large enterprises including financial institutions and network service providers. More than 1,000 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

We seek Safe Harbor.