-File income expanding to $0.19 according to proportion 
-File running source of revenue of $16.8 million, reflecting a 27% build up from prior past

OLATHE, Kan., July 3, 2025 /PRNewswire/ — Butler Nationwide Company (OTCQX: BUKS), a pace-setter within the rising world marketplace for airplane amendment, upkeep, restore and overhaul (MRO) and a identified supplier of gaming control services and products, proclaims its monetary effects for the fiscal past ended April 30, 2025.

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Butler Nationwide Company President and CEO, Christopher J. Reedy, commented at the effects pointing out, “Significant operating and financial improvement was achieved in fiscal 2025 results with record revenue and operating income. Revenue increased 7%, operating income increased 27%, and net income increased to $12.6 million in fiscal 2025 as compared to $12.5 million in fiscal 2024. Net income for fiscal year 2025 included $1.6 million of gains on sales of assets, as compared to $5.7 million of gains on sales of assets in fiscal year 2024. Earnings per share was $0.19 for fiscal 2025 compared to $0.18 in fiscal 2024, driven in part by the Company’s repurchase of 2.6% of its outstanding common stock. Gains in the Aerospace Products segment drove the positive results along with continued growth in sports wagering.”

Manage Sovereign Director Joseph P. Daly added: “Fiscal 2025’s performance underscores the steady and strategic leadership guiding Butler National through a transformative period. The collaboration between CEO Chris Reedy and Executive Chairman Jeff Yowell has delivered both stability and forward momentum. Under their guidance, we’ve strengthened governance, navigated key leadership transitions, and positioned the Company to capitalize on long-term opportunities for growth and shareholder value creation.”

The effects mirror a fifteen% earnings build up within the Aerospace Merchandise branch in fiscal 2025 over the prior past, which is strongly attributed to Avcon and Butler-Tempe (Particular Undertaking Electronics) manufacturing efficiencies and higher deliveries. In spite of the two% build up within the portion of gaming earnings proportion paid to the atmosphere starting December of 2024, and the commercial demanding situations within the Dodge Town pocket, Skilled Services and products earnings remained just about consistent at $38.3 million in 2025 in comparison to $38.6 million in 2024. Sports activities wagering will increase offset declines in conventional gaming.

The Avcon Airplane Amendment trade delivered some vital building initiatives in fiscal 2025. Supply of Avcon’s most complicated undertaking was once a spotlight of its past following 5 in depth years of design and engineering to finish paintings on a ‘Upcoming Gen’ environmental analysis King Breeze B300 aircraft. The Avcon Workforce additionally finished various fresh adjustments that extend our product choices together with decrease fuselage pod configurations, for each the King Breeze 350 and the Cessna 208B Magnificent Caravan airplanes, and underwing pods or depot units for the King Breeze and Learjet Style 60 airplanes. Those adjustments, subsidized through vital engineering, resulted within the issuance of a number of Federal Gliding Management (“FAA”) Supplemental Sort Certificates (“STC”) approvals or amendments to STC approvals. The STC approvals grant a baseline for additional adaptation and gross sales that may permit higher margins via our talent to copy or manufacture minor deviations to adjustments on identical fashions for alternative airplanes.

All the way through the fiscal past ended April 30, 2025, we invested roughly $1.7 million within the building and manufacturing of fresh merchandise. Those merchandise led to one of the STCs famous above, in addition to fresh gun keep an eye on and cable designs and tooling. We imagine this expenditure for design and building engineering, checking out, and certification of fresh merchandise is very important to develop Aerospace Merchandise, aid stabilize our long-term earnings and improve our while earnings.

Mr. Reedy added: “Our Aircraft Modifications team continues to develop as production capabilities expand at our New Century facility. We continue to drive new product development with the Newton team who tirelessly work to satisfy customer schedules. The efforts and efficiencies are reflected in the financial results. We continue efforts to recruit talent to grow production capacity. Simultaneously, we are now focused on bringing the new Newton fabrication shop online and fully staffed to recover much of the outsourced production required to maintain the current production levels and satisfy customer requirements. The internal fabrication expansion should enhance Aircraft Modification margins. The efforts and deliveries of the Special Mission Electronics (Tempe) team has also been remarkable. While the deliveries in the fourth quarter were outstanding, the increased backlog provides a significant opportunity to further enhance productivity to deliver more results to the bottom line. The Tempe-division backlog remains robust. Our contracted Draft Kings platform for online/interactive sports wagering for Kansans on behalf of the Kansas Lottery continues to enhance Professional Services segment revenue. Our Boot Hill Casino team continues to concentrate on increasing patron visits while maximizing the impact of marketing expenses and effectively controlling costs. I am very appreciative of all the Butler National employees for their contributions in achieving the record results for fiscal year 2025,” concluded Reedy.

Government Chairman Jeffrey Yowell commented: “Our performance this last year reflects a deliberate shift toward higher-margin product lines and improved operational alignment. We expanded our fabrication capabilities through the new facility in Newton, Kansas, and continued growth at our KC Machine location. At the same time, we’re optimizing our workforce by balancing production between Newton and New Century to address labor availability and demand. These efforts, combined with disciplined execution, are laying the foundation for sustainable, scalable growth.”

Industry Area Highlights

Aerospace Merchandise:

Earnings higher 15% to $45.7 million in fiscal 2025 in comparison to $39.7 million in fiscal 2024. This build up was once basically because of an build up in our airplane amendment trade of $4.5 million and an build up in particular challenge electronics of $0.8 million. The improvement of fresh STCs, buyer ground installations of our amendment kits and our advertising and marketing efforts in each home and global markets supported the rise. Prices higher 4% to $29.9 million in fiscal 2025 in comparison to $28.7 million in fiscal 2024. Prices had been 65% of branch overall earnings in fiscal 2025, in comparison to 72% of branch overall earnings in fiscal 2024, reflecting higher efficiencies of our engineering and fabrication hard work chief to advanced running benefit margins. Bills higher 25% in fiscal 2025 to $8.1 million in comparison to $6.5 million in fiscal 2024. The rise is basically because of better depreciation on account of higher mounted belongings, upper insurance coverage top class prices, and better administrative and overhead hard work prices in fiscal 2025. This represents an running margin of 16.8% in fiscal 2025, in comparison to 11.4% in fiscal 2024 (running source of revenue as a share of earnings), an build up of roughly 47%. Year we’re establishing to peer an have an effect on of the recently-implemented tariff insurance policies on portions and fabrics, we’re addressing the higher prices via worth changes with our merchandise.

Skilled Services and products:

Earnings from Skilled Services and products lowered not up to 1% to $38.3 million in fiscal 2025 from $38.6 million in fiscal 2024. We had been licensed to deal, by and for the Lottery, the fresh cell sports activities wagering platform all through fiscal 2023 that introduced in $5.8 million of earnings all through fiscal 2025 in comparison to $4.6 million all through fiscal 2024. The cell sports activities wagering earnings offset the normal on line casino gaming earnings shorten of $1.5 million that was once a results of a shorten in patron visits. We imagine this was once due basically to a shorten in discretionary spending similar to the native livestock processing companies, higher inflation and drought situations in our number one marketplace segment. Prices higher 2% in fiscal 2025 to $16.0 million in comparison to $15.8 million in fiscal 2024 and bills lowered 8% in fiscal 2025 to $13.1 million in comparison to $14.2 million in fiscal 2024. The shorten in bills is due basically to a shorten in advertising and marketing and promoting bills. There was once an running source of revenue of $9.1 million in fiscal 2025, in comparison to an running source of revenue of $8.7 million in fiscal 2024, an build up of five%. This represents an running margin of 23.9% in fiscal 2025, in comparison to 22.6% in fiscal 2024, an build up of roughly 6%.

Backlog:
As of April 30, 2025 and 2024, our backlog totaled roughly $33.6 million and $30.3 million, respectively. The backlog contains company, pending, and word orders, which might not be finished throughout the upcoming fiscal past. There may also be disagree guarantee that each one orders might be finished or that some might ever begin.

Our Industry:
Butler Nationwide Company operates within the Aerospace and Skilled Services and products trade sections. The Aerospace Merchandise branch contains the design, create, sale and repair of structural adjustments, design, integration and set up of digital apparatus, methods and applied sciences that improve airplane operations, and the design, create and sale of protection similar articles. Moreover, we perform Federal Gliding Management (the “FAA”) Restore Stations. Firms in Aerospace Merchandise pay attention to services for Learjet, Textron Beechcraft, King Breeze, and Textron Cessna turboprop airplane. Butler Nationwide-Tempe designs and manufactures tough digital controls and cabling. The Skilled Services and products branch contains the control of a gaming and the similar eating and leisure facility in Dodge Town, Kansas. Boot Hill On line casino and Hotel options roughly 500 slot machines, 15 desk video games and a DraftKings branded sportsbook.

Ahead-Having a look Data:
Statements made on this record, alternative reviews and proxy statements filed with the Securities and Trade Fee, communications to stockholders, press releases, and oral statements made through representatives of the Corporate that aren’t ancient in nature, or that atmosphere the Corporate or control intentions, hopes, ideals, expectancies or predictions of the while, might represent “forward-looking statements” throughout the which means of Category 21E of the Securities and Trade Operate of 1934, as amended (the “Exchange Act”). Ahead-looking statements can frequently be known through the importance of forward-looking terminology, equivalent to “could,” “should,” “will,” “intended,” “continue,” “believe,” “may,” “expect,” “anticipate,” “goal,” “forecast,” “plan,” “guidance” or “estimate” or the detrimental of those phrases, diversifications thereof or related expressions. Ahead-looking statements aren’t promises of while efficiency or effects. They contain dangers, uncertainties, and suppositions. It’s impressive to notice that the sort of efficiency and original effects, monetary status or trade, may range materially from the ones expressed in such forward-looking statements. Components that might reason or give a contribution to such variations come with, however aren’t restricted to, the ones mentioned in Merchandise 1A of the Corporate’s Annual File on Mode 10-Ok, included herein through reference. Chance Components and in other places herein or in alternative reviews filed with the SEC. Alternative unexpected components now not known herein may even have such an impact. We adopt disagree legal responsibility to replace or revise forward-looking statements to mirror modified suppositions, the incidence of unanticipated occasions or adjustments in while running effects, monetary status or trade over day, with the exception of as expressly required through federal securities regulations.

THE WORLDWIDE WEB:
Please assessment www.butlernational.com for footage of our merchandise and information about Butler Nationwide Company and its subsidiaries.

SOURCE Butler Nationwide Company