Butler National Corporation reported a 7% increase in its fiscal 2025 revenue, reaching $84.0 million compared to $78.4 million in fiscal 2024. The company's net income for fiscal 2025 was $12.6 million, slightly up from $12.5 million in the previous fiscal year. Earnings per share rose to $0.19 from $0.18 in fiscal 2024. The Professional Services segment experienced a revenue decrease of less than 1%, totaling $38.3 million in fiscal 2025, down from $38.6 million in fiscal 2024. This decrease was primarily due to a decline in casino gaming revenue, which fell by $1.5 million, though this was partially offset by an increase in sportsbook revenue. Sports wagering, facilitated through the DraftKings platform, contributed $5.8 million in revenue during fiscal 2025, compared to $4.6 million in the previous year. Aerospace Products revenue saw a significant 15% increase, attributed to successful marketing efforts for new STCs and special mission products. The company continues to focus on margin expansion through improved operational processes and controlling general and administrative expenses, while shifting towards higher-margin product lines.
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