By Ksenija Popovic on April 30th, 2026
Edge Total Intelligence Inc. (“edgeTI” or the “Company”) (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5I), a provider of real-time Digital Twin and Operational Intelligence software, today reported its audited financial results for the year ended December 31, 2025, and provided an operational update including early-stage revenue visibility for the first quarter of 2026.
Unless otherwise noted, all financial results are reported in U.S. dollars.
The Company’s financial position improved during the year, supported by multiple equity financings and a convertible debenture issuance. Total liabilities increased in connection with these financings, reflecting the Company’s strategy to strengthen liquidity and fund growth initiatives.
During 2025, edgeTI operated in a macro environment characterized by geopolitical uncertainty and delayed procurement cycles, particularly across government and defense sectors. These factors contributed to reduced revenue and lower customer renewal activity during the year.
In the second half of 2025, the Company began to observe early signs of stabilization as revenues increased by 15% in Q3 and 16% in Q4 in consecutive quarters from increased customer engagement and new contract activity in the fourth quarter.
Key operational developments included:
In January 2026, the Company completed the acquisition of certain digital technology assets from Austal Limited and established its Australian subsidiary to support expansion into maritime and aviation sectors.
Following this transaction, edgeTI secured three contract awards totaling approximately $2.8 million (A$3.95 million) that were outlined in the transaction agreements.
Notable awards:
These contracts are expected to be delivered over multiple periods in 2026 and represent early-stage revenue contribution from the Company’s Australian operations transitioned from Austal.
In April 2026, edgeTI appointed Jason Nichols as Chief Executive Officer. Mr. Nichols brings more than 20 years of experience in defense, intelligence, and government services markets, with a focus on scaling operations and driving commercial growth. Founder James Barrett transitioned to Executive Chair.
Based on executed contracts, current delivery schedules, and recent award activity, the Company is providing preliminary, one-time guidance for the first quarter of 2026 as it prepares to report full results in May 2026.
This outlook reflects contributions from recently awarded contracts; however, timing of revenue recognition may vary based on program execution, customer acceptance, and delivery schedules.
For the remainder of 2026, management is focused on:
While the Company experienced reduced revenue and increased net loss in 2025, it exited the year with improved liquidity and expects to generate a material increase in revenue during 2026 through the acquisition of customer relationships associated with Austal Limited and other contract-backed activity.
Audited Financial Statements and Management’s Discussion and Analysis and associated filings and releases are available on SEDAR+ and OTC.
On Behalf of The Board
Jim Barrett
Executive Chair
edgeTI™ empowers defense, service providers, and enterprises to operate with real-time clarity in complex, mission-critical environments—delivering integrated capability across the full lifecycle of operations. With the inclusion of EdgeTI WA and an expanded portfolio of sovereign, defense-aligned technologies, combined with the edgeCore™ Digital Twin, edgeTI enables the orchestration of real-time actions and the achievement of targeted mission outcomes—driving faster, more effective decision-making across defense, industrial, and lifecycle operations in continuously evolving environments.
Traded on: TSXV: CTRL, OTCQB: UNFYF, FSE: Q5I
Website: https://edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies
Twitter: www.twitter.com/edge_suite
For further Information contact:
Nick Brigman
Phone: 888-771-3343
Email: ir@edgeti.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements in this news release are forward-looking statements or forward-looking information (“forward-looking statements”) for the purposes of applicable Canadian and U.S. securities law, including, without limitation, statements related to early 2026 momentum and contract contribution, expected delivery and execution of contracts, operational stabilization and growth expectations, capital markets strategy (including preparation for potential U.S. capital market access and evaluation of a potential U.S. exchange listing) as well as planned strategic and growth initiatives of management. This news release also includes future‑oriented financial information and financial outlook information within the meaning of applicable Canadian and U.S. securities laws (collectively, “FOFI”), including, without limitation, statements regarding expected revenue guidance and cost outlooks for the first quarter of 2026.
Forward-looking statements and FOFI consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forward-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, “potential” and “continue” or the negative thereof or similar variations.
Such forward‑looking information and FOFI are based on numerous assumptions regarding present and future business strategies and the environment in which the edgeTI will operate in the future, including, but not limited to, the demand for its products, anticipated costs, the execution and delivery of awarded contracts in accordance with anticipated timelines, customer acceptance and funding, the timing of revenue recognition in accordance with applicable accounting standards, the Company’s ability to support and integrate international operations, including in Australia, stable regulatory, economic and market conditions and the continued availability of capital and financing.
The reader is cautioned that assumptions used in the preparation of any forward-looking statements or FOFI may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those expressed or implied, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the edgeTI, including, but not limited to, risks related to contract performance, delivery schedules and revenue recognition timing; procurement cycles and budgetary constraints of government and defense customers; integration of acquired technologies; changes in economic or market conditions; availability of financing; competitive pressures; regulatory changes; and general business and industry conditions. Actual results may differ materially from those expressed or implied by such forward‑looking information or FOFI. The reader is cautioned not to place undue reliance on any forward-looking statements or FOFI. The forward-looking statements and FOFI contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statements or FOFI, whether as a result of new information, future events or otherwise.
