Operator
Good day, and thank you for standing by. Welcome to the Exco Technologies Limited Fourth Quarter Results 2025 Conference Call and Webcast. [Operator Instructions]. Please note that today’s conference is being recorded.
I would now like to turn the conference over to your speaker, Mr. Darren Kirk, President and CEO. Please go ahead, sir.
Darren Kirk
President, CEO & Director
Thank you, and good morning, everyone. Welcome to Exco Technologies Fiscal 2025 Fourth Quarter Conference Call. I’ll begin with some high-level comments on our performance and the operating environment for the quarter and full year and then I’ll turn the call over to our CFO, Matthew Posno, for a more detailed review of the financial results. After our prepared remarks, we’ll open the line for your questions.
Before we start, I’d remind listeners that our discussion today will include forward-looking statements. These statements are subject to various risks and uncertainties, and actual results may differ. Please refer to the cautionary language in our Q4 press release, MD&A and annual report, all of which will be available on our website and on Sedar+.
Fiscal 2025 was a year that tested the resilience of our business model, and I’m pleased with how the organization responded. For the full year, we generated approximately $615 million of revenue, nearly $70 million of EBITDA and $0.63 of earnings per share. Free cash flow remained a clear highlight at roughly $41 million which we use to fund growth and strengthen our balance sheet. We invested about $16 million in growth capital expenditures, returned approximately $20 million to shareholders through dividends and









