Consecutive Profitable Quarters in Second Half of Fiscal 2026

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The Q3 result represented an approximately $250,000
year-over-year
improvement
in
net income attributable to common shareholders.

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TWO
CONSECUTIVE
PROFITABLE QUARTERS

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Management believes the most significant measure of the Company’s fiscal 2026 second-half performance is that the Company recorded profit attributable to common shareholders in both Q3 and Q4 fiscal 2026. In the corresponding fiscal 2025 periods, the Company recorded a loss in Q3 and a profit in Q4.

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Across the two quarters, the Company generated approximately $6.65 million in revenue while producing approximately $111,000
in
combined
profit
attributable
to
common
shareholders.

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For the corresponding Q3 and Q4 periods of fiscal 2025, Nerds On Site generated approximately $6.57 million in revenue but recorded a combined loss attributable to common shareholders of approximately $102,000.

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This represents an approximately $214,000
improvement
in
bottom-line
performance
on
a comparable six-month basis.

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MANAGEMENT
COMMENTARY

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“Based on our preliminary unaudited results, the most important message from our Q3 and Q4 results is that Nerds On Site has now delivered two consecutive profitable quarters,” said Charlie Regan, CEO of Nerds On Site Inc. “A year ago, these same two quarters produced a combined loss attributable to common shareholders of approximately $102,000. This year they produced approximately $111,000 in combined profit — an improvement of more than $200,000.”

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Regan continued:

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“Q3 demonstrated what our business can deliver when revenue growth, gross profit expansion and expense discipline come together. Revenue increased approximately 9%, gross profit increased approximately 24%, SG&A declined approximately 16%, and the quarter moved from a substantial loss to profitability.”

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“Q4 presented a different test. Revenue was lower than the exceptionally strong Q4 of the prior year, yet we remained profitable. SG&A was approximately $161,000 lower than the comparable quarter, and we delivered our second consecutive quarter of positive earnings attributable to common shareholders. We believe that is an important indication of the progress being made in the underlying economics of our business.”

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OPERATING
LEVERAGE
BECOMING
VISIBLE

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The Q3 and Q4 fiscal 2026 results reflect management’s continuing focus on revenue quality, gross profit generation, expense discipline and operating leverage.

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Combined SG&A expenses for Q3 and Q4 fiscal 2026 were approximately $1.55 million, compared with approximately $1.86
million during the comparable fiscal 2025 period — a reduction of approximately $307,000, or 17%.

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At the same time, combined Q3 and Q4 revenue increased modestly to approximately $6.65 million from $6.57 million.

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Management believes the combination of maintaining revenue levels while materially reducing the operating cost structure was a major contributor to the improvement in bottom-line performance during the second half of fiscal 2026.

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The Company remains focused on expanding recurring managed IT and cybersecurity revenue, increasing operating efficiency, growing its U.S. presence and NOS Technical Services business, and leveraging its technology infrastructure to support future growth.

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ABOUT
NERDS
ON
SITE INC.

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Nerds On Site Inc. (CSE: NERD) is a publicly traded consolidator of managed IT, cybersecurity, AI, and technical workforce services for SMEs across Canada and USA.

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The Company has served more than 160,000 Clients and continues to focus on expanding its recurring service relationships in Canada and the United States.

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For
more
information,
visit NerdsOnSite.com.

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Investor
Relations
Charlie Regan 1.519.639.4382
[email protected]

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Nerds
On
Site
Inc.
CSE: NERD

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