Crown Capital Partners Reports Improved Q3 2025 Results and Announces Fiscal Calendar Change

Calgary-based Crown Capital Partners Inc. has reported a significantly improved financial performance for Q3 2025, narrowing its net loss to $0.3 million, a substantial improvement from the $2.7 million loss in the same period last year. The company also saw a 319% increase in adjusted EBITDA, reaching $3.9 million, driven by strong growth in its Network and Distribution Services segments.

The Network Services segment experienced a robust 45.2% revenue increase to $10.1 million, largely fueled by hardware sales supporting high-speed internet projects within Calgary. This growth aligns with Calgary's ongoing push to enhance its digital infrastructure, with fiber optic internet and telecom upgrades deemed essential for local businesses to remain competitive and for the province to connect more households to high-speed internet by 2026. Additionally, Distribution Services saw a 25% revenue increase to $11.4 million, thanks to enhanced operations at its Calgary and Reno warehouses.

In a strategic move, Crown announced a change in its fiscal year-end from December 31 to March 31, effective with a five-quarter fiscal year ending March 31, 2026. This adjustment aims to boost financial and operational efficiency and align with audit services availability. The company also noted the resignation of its auditor, KPMG LLP, on October 14, 2025, with a replacement currently under consideration.

Crown's decision to refine its fiscal calendar is expected to contribute to a stable corporate governance framework and financial transparency, factors increasingly vital as Calgary continues to strengthen its position as a hub for technology and innovation.