Ironman International Ltd. (TSX-V: IMI; OTCQB: IMITF) has provided an update on its operations and business activities, highlighting three foundational pillars: business fundamentals, growth, and strategic alignment. The company reported that its Directional Drilling segment, which experiences seasonality, has been using the winter months for preparation and training, while its Telecom segment, Lite Access, has maintained stable year-round revenues with a full work pipeline.
In a significant push for growth, Ironman submitted more than 220 bids in December 2025 and January 2026 to bolster its work program for the current year and beyond. The company expects a strong workflow for FY2026 and is actively bidding on projects in British Columbia, Alberta, Northwest Territories, Alaska, and the continental US. Ironman’s competitive advantages include a highly competent workforce, ownership of equipment, and an internal maintenance department, which enable it to handle projects of varying size and complexity across diverse terrains.
Based on its FY2024 audited financial statements and subsequent quarterly reports, the company’s Directional Drilling operations experienced significant growth due to expansion into Alaska. Ironman plans to announce FY2025 revenues and provide FY2026 guidance in March, covering both its Telecom and Directional Drilling operations. From the end of FY2024 to FY2025, the company doubled its staff, reflecting its reinvestment strategy in training, capital assets, and new service segments.
Ironman also announced the establishment of a new division, Ironman Pipe Inspection (Ironman PI), which will provide comprehensive inspection services for critical pipeline systems. This division leverages the company’s civil works background to support utility projects throughout North America and will enable location services on company projects to prevent expensive delays. More information is available at www.ironmanpi.com.
In a corporate update, the company noted that it awarded incentive stock options to directors, officers, employees, and consultants in November 2025 to align interests with shareholders. Additionally, Ironman’s common shares were upgraded to trade on the OTCQB Venture Market under the symbol IMITF, effective February 18, 2026. The company emphasized its focus on delivering strong results for 2026 through relentless execution, bold innovations, disciplined expansion, and shareholder value creation.
