OMNI-LITE INDUSTRIES ANNOUNCES THIRD QUARTER AND YEAR-TO-DATE FISCAL 2023 RESULTS AND CONFERENCE CALL FOR INVESTORS: NOVEMBER 13, 2023, AT 1:00 PM EST


Third Quarter Fiscal 2023 Highlights
❖ Revenue of US$3.3 million, Up 4% Year-over-Year, and Up 9% over Q2’ 2023
❖ Adjusted EBITDA(1) of US$278,000, Representing the Highest Results Since March 2020
❖ Adjusted EBITDA(1) Incremental Margin of 40% and 200% Compared to Q2’2023 and Year Ago Quarter, Respectfully
❖ Free Cash Flow(1) of US$255,000, An Increase of US$870,000 Year-over-Year
❖ Bookings of US$4.7 million, a 33% Increase over Q2’2023
❖ Backlog of US$6.1 million, a 31% Increase over Q3’2023 and Eclipsing Recent Historic High
❖ Ended Quarter with a Strong Balance Sheet with Cash of US$1.3 million, and Remained Debt-Free

YTD Fiscal 2023 Highlights
❖ Revenue of US$9.1 million, a 13% Increase over the Year Ago Period
❖ Adjusted EBITDA(1) of US$367,000, an Increase of US$1.2 million Year-over-Year
❖ Free Cash Flow(1) of US$627,000, an increase of US$2.0 million Year-over-Year, or a US$1.4 million Increase on an Adjusted Free Cash Flow(1) Basis

November 10, 2023

Omni-Lite Industries Canada Inc. (the "Company" or “Omni-Lite”; TSXV: OML) today reported results for the third quarter Fiscal 2023. Full financial results are available at sedarplus.ca.
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Media Contact
David Robbins
CEO
d.robbins@omni-lite.com
(562) 404-8510
(800) 577-6664

News Release Archive


2023
October 3, 2023 Omni-Lite Industries Announces Results Of Annual General Meeting
October 2, 2023 Omni-Lite Industries To Offer Virtual Attendance For Annual Meeting
August 1, 2023 Omni-Lite Industries Announces Second Quarter and Year-to-date Fiscal 2023 Results and Conference Call For Investors: August 3, 2023, At 11:00 Am EDT
May 17, 2023 Omni-lite Industries Announces First Quarter Fiscal 2023 Results and Conference Call For Investors: May 18, 2023, At 11:00 Am EDT
April 20, 2023 Omni-lite Industries Reports Fourth Quarter and Fiscal 2022 Results Preliminary First Quarter Fiscal 2023 Revenue Performance and Conference Call For Investors: April 21, 2023, At 11:00 Am EDT
January 31, 2023 Omni-Lite Industries Receives Accelerated Debt Amortization Payment From California Nanotechnologies Corp.


2022
December 6, 2022 Omni-Lite Industries To Offer Virtual Attendance for Annual Meeting
November 8, 2022 Omni-Lite Industries Reports Third Quarter Fiscal 2022 Results And Announces Conference Call For Investors To Be Held On November 9, 2022, 1pm Est
August 17, 2022 Omni-Lite Industries Reports Second Quarter Fiscal 2022 Results And Announces Conference Call For Investors To Be Held On August 18, 2022 At 1pm Est
May 25, 2022 Omni-Lite Industries Reports First Quarter Fiscal 2022 Results And Announces Conference Call For Investors To Be Held On May 26, 2022
May 2, 2022 Omni-Lite Industries Reports Fourth Quarter And Fiscal 2021 Results Preliminary First Quarter Fiscal 2022 Revenue Performance Appointment Of Chief Financial Officer Successor and Conference Call For Investors To Be Held On May 3, 2022
February 4, 2022 Omni-Lite Industries Announces Closing of Previously Announced Private Placement
January 26, 2022 Omni-Lite Industries To Hold Annual Meeting Virtually Via Zoom Call


2021
December 20, 2021 Omni-Lite Industries Announces Strategic Acquisition of Designed Precision Castings Following the Completion of the Sale and Leaseback of the Company’s California Real Estate Assets

Affiliate of Designed Precision Castings to Subscribe for C$1.3 million of Omni-Lite Industries Common Stock at C$1.25 per Share Conference Call for Investors to be Held on January 5, 2022
December 17, 2021 Omni-Lite Industries Announces the Sale and Leaseback of the Company’s California Real Estate Assets
November 22, 2021 Omni-Lite Industries Reports Third Quarter Fiscal 2021 Results And Announces Conference Call For Investors To Be Held On Tuesday, November 23, 2021
August 25, 2021 Omni-Lite Industries Reports Second Quarter Fiscal 2021 Results And Announces Conference Call For Investors To Be Held On Thursday August 26, 2021
August 11, 2021 Omni-Lite Industries Awarded Follow On Contract For Rf/microwave Control Component For Prime Defense Customer
May 21, 2021 Omni-Lite Industries Reports First Quarter Fiscal 2021 Results And Announces Conference Call For Investors To Be Held On May 21, 2021
April 1, 2021 Omni-Lite Industries Reports 2020 Results And Conference Call For Investors To Be Held On April 1, 2021
March 2, 2021 Omni-Lite Industries Receives Proceeds of Approximately US$400,000 from the New Round of the Paycheck Protection Program (“PPP-2”)


2020
November 25, 2020 Omni-Lite Industries Reports Second Quarter And First Half Fiscal 2020 Results And Announces Conference Call For Investors To Be Held On August 17, 2020
August 13, 2020 Omni-Lite Industries Reports Second Quarter And First Half Fiscal 2020 Results And Announces Conference Call For Investors To Be Held On August 17, 2020
July 22, 2020 Omni-Lite Industries Announces Temporary Manufacturing Suspension
June 18, 2020 Omni Lite Industries Receives Electronics Product Award in Support of Major US Missile System Program
June 1, 2020 Omni-Lite Industries Reports First Quarter Fiscal 2020 Results
May 7, 2020 Omni-Lite Industries Reports 2019 Results Preliminary First Quarter Fiscal 2020 Performance And Conference Call For Investors To Be Held On May 8, 2020
April 30, 2020 Omni-Lite Industries Announces Receipt of Loan Proceeds Under Paycheck Protection Program
April 28, 2020 Omni-Lite Industries Provides Update on Annual Filings
March 30, 2020 Omni-Lite Industries Provides Business Update


2019
December 18, 2019 Omni-Lite Industries Announces Successful Refinancing of Its Senior Bank Credit Facility and Receipt of Proceeds From Its Former CEO For Full Payoff of Outstanding Loan Receivable
November 25, 2019 Omni-Lite Industries Announces Option Grant
November 19, 2019 Omni-Lite Industries Reports Third Quarter 2019 Results and Announces Conference Call For Investors to be Held on November 19, 2019
October 7, 2019 Omni-Lite Industries Announces Management Change
August 13, 2019 Omni-Lite Industries Reports First Half Fiscal 2019 Results and Announces Conference Call For Investor To Be Held On August 14, 2019
May 30, 2019 Omni-Lite Industries Reports First Quarter Fiscal 2019 Results and Announces Conference Call For Investor To Be Held On May 31, 2019
April 30, 2019 Omni-Lite Industries Reports Fiscal Year 2018 Results Record Preliminary First Quarter Fiscal 2019 Performance And Announces Conference Call for Investors to Be Held On May 2, 2019
January 14, 2019 Omni-Lite Industries Reports Fiscal 2018 and Fourth Quarter fiscal 2018 update and Announces Conference Call For Investors To Be Held On January 16. 2019


2018
December 14, 2018 Omni-Lite Industries Announces Voting Results From Annual General and Special Meeting of Shareholders
November 29, 2018 Omni-Lite Industries Reports Third Quarter 2018 Results
September 24, 2018 Omni-Lite Industries Canada Completes Previously Announced Acquisition of Monzite Corporation and Appoints David Robbins as a Director of Omni-Lite Industries Canada
August 27, 2018 Omni-Lite Industries Canada Announces Strategic Acquisition and Names David Robbins as CEO
July 30, 2018 Omni-Lite Industries Canada Receives New Follow-On Order in Support of Major US Defense Program
May 31, 2018 Omni-Lite Industries Reports First Quarter Results
April 25, 2018 Omni-Lite Industries Reports Fiscal Year 2017 Results
February 20, 2018 Omni-Lite Industries Announces Voting Results From Annual and Special Meeting of Shareholders and Financial Highlights


2017
December 1, 2017 Omni-Lite Industries Reports Third Quarter 2017 Results, New Orders, and Updates on Hot Heading Project
September 6, 2017 Omni-Lite Industries Reports Strong Six Month Financial Results and Significant New Orders
August 22, 2017 Omni-Lite Industries Announces Kernaghan to Conduct Normal Course Issuer Bid
August 1, 2017 Omni-Lite Announces Several New Orders in the Aerospace Division and Successful First Production Run From Hot Forging Test Center
June 21, 2017 Omni-Lite announces new orders for critical components utilized in robotic assembly of modern aircraft and first production run from hot forging test center
June 12, 2017 Omni-Lite Issues Stock Options
June 1, 2017 Omni-Lite Industries Announces Normal Course Issuer Bid
May 30, 2017 Omni-Lite Industries Reports Strong First Quarter Results
May 1, 2017 Omni-Lite Announces Increasing 2016 Cash from Operations, Significant Shareholder Returns and Achieves Technical Breakthrough in Aerospace Industry
April 11, 2017 Omni-Lite Announces New Military Orders and Progress on Development Program to Produce Aerospace Components from Titanium
February 6, 2017 Omni-Lite Announces New Orders and Progress on Conversion of Forging System to Operate at Elevated Temperatures


2016
November 30, 2016 Omni-Lite Announces New Orders and Progress on Key Additional Military Program
November 24, 2016 Omni-Lite Strengthens Team
October 26, 2016 Omni-Lite Issues Stock Options
October 20, 2016 Omni-Lite Industries Reports Strong Third Quarter
October 3, 2016 Omni-Lite Industries Announces Resignation of CFO and Appoints Grant as Interim CFO
September 23, 2016 Omni-Lite Announces New Orders Including Additional Military Contract
September 7, 2016 Omni-Lite Announces New Orders
August 12, 2016 Omni-Lite Industries Announces New Three Year Aereospace Contract
August 9, 2016 Mr. Tim Leybold Joins Omni-Lite as CFO
July 28, 2016 Omni-Lite Industries Reports Second Quarter Results and New Orders
July 8, 2016 Omni-Lite Industries Announces New Orders and Revenues in Q2
June 1, 2016 Omni-Lite Issues Stock Options
May 27, 2016 Omni-Lite Industries Reports First Quarter Results
May 24, 2016 Omni-Lite Industries Announces Expansion of Southern California Facility to Meet Demand
May 19, 2016 Omni-Lite Industries Announces Normal Course Issuer Bid
May 13, 2016 Omni-Lite Industries Announces Resignation of CFO
May 5, 2016 Omni-Lite Industries Appoints Mr. Patrick Hutchins as Board Member
May 2, 2016 Omni-Lite Industries Delivers Strong Results in Fiscal Year 2015
April 21, 2016 Omni-Lite Industries Receives Military Contract Valued At $1.24 Million US
April 5, 2016 Omni-Lite Industries Announces New Orders and Important Process Patent
April 1, 2016 Omni-Lite Industries Announces Hayden IR Resigns as Investor Relations Consultant
March 15, 2016 Omni-Lite Industries Appoints Hayden IR as Investor Relations Consultant
February 19, 2016 Omni-Lite Industries Reports New Contracts
February 18, 2016 Omni-Lite Industries Begins Trading on the OTCQX Market in the United States
February 15, 2016 Omni-Lite Issues Stock Options
February 12, 2016 Omni-Lite Industries Announces Three Year Contract
February 11, 2016 Omni-Lite Industries Announces Amendment To Normal Course Issuer Bid
February 4, 2016 Omni-Lite Industries Reports Record Annual Revenues
January 18, 2016 Omni-Lite Industries Announces Voting Results from Annual and Special Meeting of Shareholders


2015
November 20, 2015 Omni-Lite Industries Reports Strong Nine Month and Third Quarter Results
October 20, 2015 Omni-Lite Industries Appoints Mr. Roger Dent as Board Member
October 8, 2015 Omni-Lite Reports Second Best Nine Months On Record
September 3, 2015 Omni-Lite Reports New Orders and Strong Revenues for First Eight Months and Enters into Strategic Review Agreement
August 11, 2015 Omni-Lite Industries Appoints Mr. Sébastien Goulet as Board Member
July 20, 2015 Omni-Lite Industries Reports Strong Six Month and Second Quarter Results
July 9, 2015 Omni-Lite Reports New Orders and Strong Revenues for First Six Months
June 15, 2015 Omni-Lite Issues Stock Options
May 26, 2015 Omni-Lite Signs Long-Term Letter of Agreement with Current Automotive Customer
May 22, 2015 Omni-Lite Industries Announces Additional Normal Course Issuer Bid
April 28, 2015 Omni-Lite Industries Reports Strong First Quarter Results
April 23, 2015 Omni-Lite Industries Delivers Strong Gains in Audited 2014 Results
April 2, 2015 Omni-Lite Sees Quarterly Revenue and Production Growth as Key Programs Continue
March 31, 2015 Omni-Lite Strengthens Team
February 18, 2015 Omni-Lite Passes Key New Customer Approval Requirement
February 4, 2015 Omni-Lite Sees Revenue and Margin Growth Amid Higher Production on Initition of Key Programs
January 12, 2015 Omni-Lite Receives $2.8 Million US Contract From Major Automotive Customer


2014
December 2, 2014 Omni-Lite Industries Reports Third Quarter Results
November 26, 2014 Omni-Lite Announces Record Contract Awards Valued in Excess of $2.234 Million US
October 27, 2014 Omni-Lite Industries Receives Follow-on Military Contracts Amidst New Orders Valued At Approximately $890,000 CAD
October 20, 2014 Omni-Lite Omni-Lite Industries Announces Voting Results from Annual and Special Meeting of Shareholders
September 11, 2014 Omni-Lite Industries Receives Follow-on Military Contract Award Amidst New Orders Valued In Excess Of $500,000 CAD
September 2, 2014 Omni-Lite Industries Reports Second Quarter Results
August 20, 2014 Omni-Lite Industries Announces Additional Military Customer and New Sales
July 14, 2014 Omni-Lite Industries Announces 29% Increase in Second Quarter Revenue
June 20, 2014 Omni-Lite Industries Appoints Mr. Charles Samkoff as Board Member
June 4, 2014 Omni-Lite Industries Reports Q1 Revenue Up 30 Percent and Operating Cash Flow Up 360 Percent
May 21, 2014 Omni-Lite Industries Announces Normal Course Issuer Bid
April 23, 2014 Omni-Lite Industries Reports 2013 Results
April 14, 2014 Omni-Lite Industries Announces 29% Increase in First Quarter Revenue
March 10, 2014 Omni-Lite Industries Announces New Military Orders
February 11, 2014 Omni-Lite Industries Announces New Orders and Quotes New Military Initiatives


2013
December 18, 2013 Omni-Lite Industries Announces New Orders and Prepares for 2014
December 3, 2013 Omni-Lite Industries Announces Q3 2013 Results
November 13, 2013 Omni-Lite Industries Announces New Orders and Increases Capacity
October 23, 2013 Omni-Lite Omni-Lite Industries Announces Voting Results from Annual and Special Meeting of Shareholders
October 1, 2013 Omni-Lite Industries Announces New Orders and Updates Key Programs
September 26, 2013 Omni-Lite Industries Announces Multi-Year Agreements
August 22, 2013 Omni-Lite Industries Announces Q2 2013 Results
August 21, 2013 Omni-Lite Industries Announces New Orders and Updates Key Programs
July 23, 2013 Omni-Lite Industries Sees Growth From Both Existing Programs and New Product Developments
June 13, 2013 Omni-Lite Industries Announces New Orders and Project Progress
May 30, 2013 Omni-Lite Industries Announces Q1 2013 Results
May 23, 2013 Omni-Lite Industries Announces Normal Course Issuer Bid
May 20, 2013 Omni-Lite Issues Stock Options
May 1, 2013 Omni-Lite Industries Reports 2012 Results
February 27, 2013 Omni-Lite Industries Appoints New Director
January 25, 2013 Omni-Lite Industries Receives Several New Orders


2012
December 11, 2012 Omni-Lite Industries Reports Results for the Third Quarter of 2012
August 27, 2012 Omni-Lite Industries Reports Results for the Second Quarter of 2012
May 31, 2012 Omni-Lite Industries Reports Results for the First Quarter of 2012
May 23, 2012 Omni-Lite Industries Announces Normal Course Issuer Bid
May 7, 2012 Omni-Lite Receives Two Additional Military Orders
May 2, 2012 Omni-Lite Industries Receives New Orders that Include All Divisions of the Company and Announces Dividend
April 19, 2012 Omni-Lite Industries Reports 2011 Audited Results
April 6, 2012 Omni-Lite Issues Stock Options
April 5, 2012 Omni-Lite Industries Receives New Orders that Include All Divisions of the Company
March 2, 2012 Omni-Lite Industries Receives a Significant U.S. Military Order
March 1, 2012 Omni-Lite Industries Receives Additional U.S. Military Orders
January 27, 2012 Omni-Lite Receives Orders For Two New Programs From A U.S. Military Customer


2011
December 29, 2011 Omni-Lite Industries Highlights New Order for Military Green Round Project and Announces $905,000 US in New Orders
November 30, 2011 Omni-Lite Industries to Present at the 4th Annual LD MICRO Growth Conference
November 30, 2011 Omni-Lite Industries Canada Inc. Reports Results for Third Quarter 2011
October 31, 2011 Omni-Lite Industries Canada Inc. Declares Dividend
October 17, 2011 Omni-Lite Industries Appoints Investor Relations Consultant
October 14, 2011 Omni-Lite Industries Receives New Orders Across All Divisions
August 30, 2011 Omni-Lite Industries Reports Second Quarter Results
August 19, 2011 Omni-Lite Industries Receives First Production Order For The Green Round From Its U.S. Military Customer
August 1, 2011 Omni-lite Industries Grants Stock Options
July 27, 2011 Omni-Lite Receives First Article Approval for the Green Round from its U.S. Military Customer
July 12, 2011 Omni-Lite Industries Promotes Allen W. Maxin to President
July 4, 2011 Omni-Lite Industries Reports First Quarter 2011 Results
June 30, 2011 Omni-Lite Industries Begins Production of Key Anti-Lock Brake Component
May 25, 2011 Omni-Lite Industries Announces New Orders in the Electric/Hybrid Vehicle Markets
May 17, 2011 Omni-Lite Industries Announces Normal Course Issuer Bid
May 13, 2011 Omni-Lite Industries Announces New Contract
April 28, 2011 Omni-Lite Industries Announces Approximately $2.6 Million US In New Orders
April 26, 2011 Omni-Lite Industries Canada Inc. Declares Dividend
April 25, 2011 Omni-Lite Reports 2010 Results including Record Net Earnings
February 16, 2011 Omni-Lite Announces Closing of Bought-Deal Private Placement Including Over-Allotment Option for Gross Proceeds of CDN$6.9 Million
February 11, 2011 Omni-Lite Receives First Contract for Nano-crystalline Battery Program
January 27, 2011 Omni-Lite Announces Bought-Deal Private Placement Upsized To CDN$6.0 Million
January 26, 2011 Omni-Lite Announces Bought-Deal Private Placement Financing For Proceeds of CDN$5.6 Million


2010
November 5, 2010 Omni-Lite Industries Announces Hiring Investor Relations Manager
November 1, 2010 Omni-Lite Industries Reports Revenue Increase of 87%, Cash Flow Increase of 140%, EBITDA Increase of 144% and Earnings Increase of 340% for Q3 2010
October 29, 2010 Omni-lite Industries Reports Revenue Increase Of 87%, Cash Flow Increase Of 140%, Ebitda Increase Of 144% And Earnings Increase Of 340% For Q3 2010
October 5, 2010 Omni-Lite Industries Declares Dividend
October 4, 2010 Omni-Lite Industries Announces Revenues for First Three Quarters of 2010
September 29, 2010 Omni-Lite Industries Announces New Orders in the Military, Sports and Recreational, and Aerospace Divisions
September 22, 2010 Omni-Lite Industries Selected as U.S. Source for Key Battery Program
September 15, 2010 Omni-Lite Industries Announces New Orders in the Sports and Recreation, Automotive and Aerospace Divisions
July 22, 2010 Omni-Lite reports revenue increase of 101%, cash flow increase of 123%, EBITDA increase of 167% and earnings per share increase of 326% for Q2 2010
July 8, 2010 Omni-Lite Industries announces record revenue for second quarter 2010
May 13, 2010 Omni-Lite announces Normal Course Issuer Bid
May 12, 2010 Omni-Lite announces purchase of second custom modified cold forging system, new orders in the Aerospace, Sports & Recreational, and Automotive divisions, and cancellation of 403,655 shares
May 6, 2010 Omni-Lite announces new orders in the Military, Automotive, Sports & Recreation and Aerospace divisions
May 5, 2010 Omni-Lite Industries earns $482,537 (U.S.) in Q1 2010
April 29, 2010 Omni-Lite Issues Stock Options
April 5, 2010 Omni-lite Industries Announces First Quarter Revenue
March 16, 2010 Omni-Lite Industries receives $1.627-million in orders
February 5, 2010 Omni-Lite Industries receives $1.12-million in orders


2009
November 5, 2009 Omni-Lite Announces Resignation
October 27, 2009 Omni-Lite Announces New Orders In The Automotive, Aerospace And Sports And Recreation Divisions
October 26, 2009 Omni-Lite Receives New Orders Of $235,381
October 13, 2009 Omni-Lite Receives New Orders Of $469,000
September 2, 2009 Omni-Lite Industries Announces New Orders
September 1, 2009 Omni-lite Reports Second Quarter Results
July 3, 2009 Omni-Lite Industries Announces New Orders In The Aerospace, Automotive, And Sports And Recreational Divisions And Receives Initial Approval For A Key Military Program
June 4, 2009 Omni-Lite Reports 134% Increased Cash Flow From Operations And 156% Increase In Ebitda From Q4 2008 To Q1 2009
May 20, 2009 Omni-Lite Announces Third Order In The Military Division And Receives The Forecast For A Critical New Green Diesel Program
May 8, 2009 Omni-Lite Industries Announces Additional New Order In Military Division
May 6, 2009 Omni-Lite Industries Announces New Order
May 1, 2009 Omni-Lite Revenue For 2008 Increases 33%, Cash Flow Increases 45% And Ebitda Increases 20% In CDN Dollar Terms
April 29, 2009 Omni-Lite Receives New Orders In The Aerospace And Military Divisions
February 17, 2009 Omni-Lite Industries Receives New Orders In The Aerospace And Military Divisions


2008
November 26, 2008 Omni-Lite Reports Third Quarter 2008 Results
November 14, 2008 Omni-Lite Industries Announces Notice Of Intention To Make A Normal Course Issuer Bid
November 6, 2008 Omni-Lite Receives New Orders In The Aerospace, Military And Speciality Automotive Divisions
October 16, 2008 Omni-Lite Industries receives $510,000 of new orders
October 14, 2008 Omni-Lite Issues Stock Options
August 29, 2008 Omni-Lite Reports Record Revenue, Cashflow, Ebitda, And Net Income For First Half Of Fiscal 2008
August 21, 2008 Omni-Lite Receives Iso 9001:2000 Registration
August 8, 2008 Omni-Lite Receives New Orders In The Military, Automotive, Sports And Recreational And Automotive Divisions
July 4, 2008 Omni-Lite Industries Completes Strategic Review
July 3, 2008 Omni-Lite Receives New Orders In The Aerospace, Automotive And Sports And Recreational Divisions
July 2, 2008 Omni-Lite Reports Record Revenue In Q2 2008
June 25, 2008 Omni-Lite Completes Private Placement
June 4, 2008 Omni-Lite Industries Appoints IR Consultant
May 22, 2008 Omni-Lite Reports Record Revenue, Ebitda And Cash Flow For First Quarter 2008
April 30, 2008 Omni-Lite Revenue For 2007 Increases 39%, Ebitda Increases 76%, Cash Flow Increases 65% And Net Income Increases 58%
April 15, 2008 Omni-Lite Receives New Orders In The Military, Aerospace And Automotive Divisions And Reports Record Revenue In 1st Quarter 2008
March 6, 2008 Omni-Lite Receives New Orders In The Military, Aerospace And Automotive Divisions And Accelerates Research Activities On Key Programs
February 19, 2008 Omni-Lite Receives New Orders In The Military, Aerospace And Automotive Divisions
January 18, 2008 Omni-Lite Industries Reports Record Revenue In 2007