Agilysys Inc., a prominent provider of hospitality software solutions, reported a record total net revenue of $275.6 million for fiscal year 2025, marking a 16.1% increase from the previous year's $237.5 million. The fourth quarter alone saw a 19.4% increase in total net revenue, reaching $74.3 million compared to $62.2 million in the same quarter of the prior year. The company also noted a significant growth in subscription revenue, which surged 39.5% for the year. The fiscal year 2025 also saw Agilysys achieve an adjusted EBITDA of $53.8 million and a free cash flow of $52.3 million, up from $40.1 million in fiscal year 2024. The adjusted diluted EPS for the fourth quarter was $0.54 per share, an increase from $0.32 per share during the same period in the previous year. Looking ahead, Agilysys anticipates its annual revenue to grow to between $308 million and $312 million in fiscal 2026, with a full-year adjusted EBITDA expected to reach 20%. The company highlighted the acquisition of Book4Time and an increase in sales demand for its modernized cloud-native software ecosystem as key factors contributing to its record sales and backlog levels.