TORONTO, ONTARIO – (April 11, 2024) – Firan Technology Group Corporation (TSX: FTG) today announced financial results from its first quarter of 2024. First quarter bookings of $37.5M were up 14% over Q1 2023. FTG first quarter revenues of $35.0M were up 42% over Q1 2023. FTG achieved Adjusted Net Earnings in Q1 2024 of $1.1M. FTG achieved Adjusted EBITDA of $4.6M, which was up 42% over Q1 2023. Business Highlights During Q1 2024, the Corporation has continued to invest in technology in existing sites, grow the business organically, and integrate the two acquisitions completed last year. FTG ..read more

TORONTO, ONTARIO – April 5, 2024 – Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024. The Corporation will host a live conference call on Friday, April 12, 2024, at 8:30am (Eastern) to discuss the first quarter 2024 financial results. Anyone wishing to participate in the call should dial 289-514-5100 or 1-800-717-1738, Conference ID 34553, and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be available unti ..read more

Toronto, January 23, 2024 – Firan Technology Group Corporation (TSX:FTG) is pleased to announce a new contract with its represented employees at its Aerospace – Toronto facility has been negotiated and ratified. The contract has a four-year term and expires in August 2027. The contract recognizes the strong demand at that site, the commitment to continuous improvement by everyone, as well as the external environment impacting the corporation and its employees. With the ratification of this agreement, all employees will return to work immediately, ending a six-week work stoppage. The work stopp ..read more

TORONTO, ONTARIO – (October 11, 2023) – Firan Technology Group Corporation (TSX: FTG) today announced financial results for the third quarter of 2023. Third quarter bookings of $35.7M were up 28% over Q3 2022. FTG third quarter revenues of $36.6M were up 59% over Q3 2022, as FTG ramps up production to meet customer demand. Revenue included $9.2M from the newly acquired Circuits sites. FTG achieved Net Earnings in Q3 2023 of $1.3M, which was up $0.6M from Q2 2022. Net debt on the balance sheet as of Q3 2023 is $5.7M, which is 0.36x Adjusted EBITDA for the trailing 12 months. Business Highligh ..read more

TORONTO, ONTARIO – October 3, 2023 – Firan Technology Group Corporation (TSX: FTG) will release the third quarter 2023 financial results after the market closes on Wednesday, October 11, 2023. The Corporation will host a live conference call on Thursday, October 12, 2023, at 8:30am (Eastern) to discuss the third quarter 2023 financial results. Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786, Conference ID 14572945, and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be av ..read more

TORONTO, ONTARIO – (July 12, 2023) – Firan Technology Group Corporation (TSX: FTG) today announced financial results for the second quarter of 2023. Second quarter bookings of $40.3M were up 48% over Q2 2022 and up 22% over Q1 2023. This was the 10th sequential quarter of bookings growth. FTG second quarter revenues of $34.0M were up 52% over Q2 2022, as FTG ramps up production to meet customer demand. Revenue included $3.4M from the newly acquired Circuits sites in Minnetonka, MN and Haverhill, MA. FTG achieved Net Earnings in Q2 2023 of $2.4M, which was up $2.4M from Q2 2022. Net debt on th ..read more

TORONTO, ONTARIO – July 5, 2023 – Firan Technology Group Corporation (TSX: FTG) will release the second quarter 2023 financial results after the market closes on Wednesday, July 12, 2023. The Corporation will host a live conference call on Thursday, July 13, 2023, at 8:30am (Eastern) to discuss the second quarter 2023 financial results. Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786, Conference ID 86132339, and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be available ..read more

TORONTO, ONTARIO (June 28, 2023) – Firan Technology Group Corporation (TSX: FTG) today announced that IPC’s Validation Services Program has awarded qualification for IPC-1791, Trusted Electronics Fabricator Requirements Qualified Manufacturers Listing (QML) to FTG Circuits Toronto. FTG is a global corporation offering design, development, prototypes and manufacturing solutions for aerospace and defense electronic products and subsystems. The FTG Circuits Toronto facility passed stringent Type 2 fabricator requirements, helping to optimize product quality, reliability, and consistency across th ..read more

TORONTO, June 1, 2023 – Firan Technology Group Corporation (TSX: FTG) (“FTG” or the “Corporation”) today announced the acceptance by the Toronto Stock Exchange (the “TSX”) of FTG’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, FTG is authorized to purchase through the facilities of the TSX, from time to time over the next 12 months, if considered advisable, up to an aggregate of 1,195,550 Common Shares, being approximately 5% of its Common Shares outstanding as of May 26, 2023. As of May 26, 2023, 23,911,002 Common Shares of the Corporation were issued ..read more

TORONTO, ONTARIO – (April 28, 2023) – Firan Technology Group Corporation (TSX: FTG) today announced it has acquired 100% of Minnesota based Holaday Circuits and 100% of Massachusetts based IMI Inc. Further to the previous announcements made by FTG regarding these acquisitions, FTG has now attained the approval from the Committee on Foreign Investment in the United States (CFIUS) and all closing conditions have been met and both acquisitions are now closed. The IMI acquisition bolsters FTG presence in RF circuit boards for the Aerospace and Defense market. The RF market is growing, and IMI’s sp ..read more