Net sales for the year ended December 31, 2025, increased 40% to $652.5 million, up from $465.6 million in 2024. Gross profit rose 16% to $105.3 million in 2025, compared to $91.1 million in 2024. Net income for 2025 increased 15% to $21.3 million, up from $18.6 million in 2024. Diluted earnings per share grew 14% to $4.64 in 2025, compared to $4.06 in 2024. Adjusted EBITDA reached $42.9 million in 2025, an increase from $39.6 million in 2024. The effective margin (Adjusted EBITDA as a percentage of gross profit) decreased to 40.7% in 2025 from 43.5% in 2024. Gross billings, an operational metric, increased 18% to $2,105.2 million in 2025. The company completed the acquisition of Douglas Stewart Software & Services, LLC (DSS) on July 31, 2024, and Data Solutions Holdings Limited on October 6, 2023. Subsequent to the reporting period, on February 24, 2026, the company acquired Interworks Single Member SA for approximately €8.0 million. The Board of Directors determined to suspend quarterly cash dividends on common stock starting in the first quarter of 2026 to preserve financial flexibility and prioritize capital allocation objectives. The company maintains a $50.0 million revolving credit facility with no outstanding amounts as of December 31, 2025, and a term loan with $0.2 million outstanding.