EQB Inc. Reports Fourth Quarter and Fiscal Year 2025 Financial Results Amid Restructuring Efforts
EQB Reports Fourth Quarter and Fiscal 2025 Results
EQB Inc., a leading digital financial services company in Canada, has released its financial results for the fourth quarter and the fiscal year ending October 31, 2025. This report follows a year marked by challenges and strategic restructuring efforts aimed at strengthening its market position.
In a statement, President and CEO Chadwick Westlake remarked that fiscal 2025 was particularly tough for EQB, prompting the company to implement a one-time restructuring program in the fourth quarter. This restructuring drove a pre-tax charge of $92 million, which Westlake believes will enhance EQB’s cost structure and operational efficiency.