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LOS ANGELES, CALIFORNIA, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) announces that it has granted a total of 290,000 stock options (“Options”) and 60,000 restricted share units (“RSUs”) of the Company (collectively, "LTIP Securities") to certain directors and officers of the Company pursuant to its Long-Term Performance Incentive Plan (“LTIP”). Each Option is exercisable for one common share of the Company at an exercise price of
Omni-Lite Industries Canada Inc (OLNCF) posts record Q2 revenue of $4.8 million, driven by strong demand and a 1.34 book-to-bill ratio, while navigating margin improvement and leadership transition.
CONFERENCE CALL FOR INVESTORS: AUGUST 19, 2026, AT 4:00 PM EDTSecond Quarter Fiscal 2026 Highlights Record Revenue: US$4.8 million, representing a 39% increase over the year-ago period.Record Profitability: Adjusted EBITDA(1) of approximately US$926,000, yielding a 19.3% Adjusted EBITDA margin.Strong Demand: Bookings of US$6.4 million, representing a 1.34 Book-to-Bill ratio.Record Backlog: Total backlog reached US$10.7 million.Robust Liquidity: Cash balance of US$3.1 million with zero outstandin
As the Canadian market navigates rising yields and their implications for equity performance, investors are keeping a close watch on how these shifts might influence their portfolios. In this context, penny stocks—often smaller or newer companies—continue to capture interest due to their potential for growth and affordability. While the term "penny stocks" may seem dated, these investments can still offer compelling opportunities when they boast strong financials and a clear path to growth.
CONFERENCE CALL FOR INVESTORS: APRIL 30, 2026, AT 5 PM EDTFourth quarter fiscal 2025 revenue of US$4.1 million, up 15% from the year ago periodBookings for the fourth quarter fiscal 2025 of US$5.5 million, resulting in a historical high backlog of US$8.8 million; fiscal 2025 bookings were a record US$19.5 millionBalance sheet and liquidity remain strong, with US$2.8M in cash and no outstanding indebtedness LOS ANGELES, CALIFORNIA, April 29, 2026 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada In
The Canadian market is navigating a complex landscape, with investors cautiously optimistic as economic indicators show a mixed picture of recovery and uncertainty. Penny stocks, though often seen as relics from past market eras, continue to offer unique opportunities for those seeking growth at accessible price points. By focusing on companies with strong financial foundations, investors can uncover potential gems in the penny stock realm that might provide both stability and upside potential.
Board of Directors Search for New CEO to Lead Next Stage of TransformationHuman Resources and Governance Committee to Spearhead the ProcessDavid Robbins to Serve as Interim CEO and Focus on Growth Opportunities at MonziteCompany Announces Preliminary Fourth Quarter Fiscal 2025 Results LOS ANGELES, CALIFORNIA, March 09, 2026 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada, Inc. (the "Company" or “Omni-Lite”; TSXV: OML; OTCQX: OLNCF) today announced a planned leadership transition to accelerate th
The Canadian market is experiencing a period of cautious optimism, with the unemployment rate showing signs of stabilization and inflation gradually easing. In such a climate, identifying promising investment opportunities requires a keen eye for companies that combine strong fundamentals with growth potential. Penny stocks, though often overlooked as relics of past market days, still offer intriguing possibilities for investors seeking value in smaller or newer companies.
The Canadian market has been marked by a focus on diversification, with investors encouraged to overweight sectors like energy and materials while being cautious about overconcentration in single themes such as AI. Penny stocks, though an older term, continue to represent an intriguing investment area for those looking at smaller or newer companies with potential for growth. By identifying penny stocks that demonstrate strong financial health and a clear growth trajectory, investors can...
LOS ANGELES, CALIFORNIA, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" “Omni-Lite”; TSXV: OML) today is pleased to announce that its subsidiary, Designed Precision Castings (DP Cast), has signed a new five-year agreement with a major global jet engine original equipment manufacturer (OEM) to supply precision castings for use on multiple fixed and rotary wing aircraft engine platforms. This agreement is an extension of several previous agreements with one of ou
The Canadian market, while facing potential challenges such as trade uncertainties and credit concerns, remains resilient with a positive outlook for earnings growth and supportive economic policies. In this environment, penny stocks—though often considered speculative—can offer unique opportunities when they are backed by strong financials. These smaller or newer companies can provide value and growth potential that may be overlooked in larger firms, making them an intriguing option for...
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