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Pason Systems Inc. (PSYTF) Q2 2025 Earnings Call Transcript

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Pason Systems Inc. (OTCQX:PSYTF) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET

Company Participants

Celine Boston – Chief Financial Officer
Jon Faber – President, CEO & Non-Independent Director

Conference Call Participants

Aaron MacNeil – TD Cowen, Research Division
Keith MacKey – RBC Capital Markets, Research Division
Sean W. Mitchell – Daniel Energy Partners, LLC

Operator

The contents of today’s call are protected by copyright and may not be reproduced without the prior written consent of Pason Systems Inc. Please note the advisory is located at the end of the press release issued by Pason Systems yesterday, which describe forward- looking information. Certain information about the company that is discussed on today’s call may constitute forward-looking information.

Additional information about Pason Systems including the risks factors relevant to the company, in its annual information form. Thank you.

Good morning, my name is Amy, and I will be your conference operator today. At this time, I would like to welcome everyone to the Pason Systems Inc.’s Second Quarter 2025 Earnings Call. [Operator Instructions]

Celine Boston, Chief Financial Officer. You may begin your conference.

Celine Boston

Thank you. Good morning, and thank you for attending Pason’s 2025 Second Quarter Conference Call. I’m joined on today’s call by Jon Faber, our President and CEO. I’ll start today’s call with an overview of our financial performance in the second quarter. Jon will then provide a brief perspective on the outlook for the industry and for Pason, and we will then take questions.

I’m pleased to report on Pason’s second quarter 2025 results, which continue to demonstrate the resilience in our business through challenging industry conditions. Pason generated consolidated revenue of $96.4 million in the second quarter of 2025, a 1% increase from the $95.9 million generated in the second quarter of 2024 and despite more challenging industry conditions.

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