Ironman International Ltd. (TSX-V: IMI; OTCQB: IMITF) provided an update on its operations and business activities, highlighting a strong bid pipeline, the launch of a new inspection division, and an upgrade to the OTCQB Venture Market. The company's strategy rests on three pillars: business fundamentals, growth, and strategic alignment of staff and suppliers.
Ironman's Directional Drilling segment experiences seasonality, with winter months used for preparation, training, and bidding. The Telecom segment, Lite Access, provides stable year-round revenues in the Greater Vancouver Area. The company reported that its crews have remained busy through the winter due to a full work pipeline. In December 2025 and January 2026, Ironman submitted more than 220 bids to bolster its work program for the current year and beyond. The company anticipates a strong workflow for fiscal 2026, bidding on projects in British Columbia, Alberta, Northwest Territories, Alaska, and the continental US.
Based on its FY2024 audited financial statements and subsequent quarterly reports, Ironman's Directional Drilling operations experienced significant growth, partly due to expansion into Alaska. The company will announce FY2025 revenues and provide FY2026 guidance in March, covering both Telecom and Directional Drilling operations. From the end of FY2024 to the end of FY2025, Ironman doubled its staff. The company has historically reinvested earnings into training, capital assets, and new segments to expand services.
Ironman is also launching a new division, Ironman Pipe Inspection (Ironman PI), which will provide comprehensive inspection services for critical pipeline systems. Ironman PI will leverage the company's background in civil works to support utility projects across North America. The division will also enable the company to conduct location services on its own projects, preventing expensive delays. More information is available at www.ironmanpi.com.
In a corporate update, Ironman noted that it awarded incentive stock options to directors, officers, employees, and consultants to align interests with shareholders. The company entered 2026 with a motivated staff positioned to deliver high-quality services and drive growth. Additionally, Ironman's common shares were upgraded to trade on the OTCQB Venture Market under the symbol IMITF, effective February 18, 2026. This upgrade is expected to enhance visibility and liquidity for the company's shares.
Ironman International Ltd., established in 1999, is a leading North American provider of horizontal directional drilling and trenchless infrastructure services, operating 24/7 to support residential, commercial, industrial, and utility clients. The company specializes in cost-effective, low-impact underground installation solutions across various applications, including telecommunications, electrical, water and sewer, oil and gas, geothermal, and irrigation systems. With a modern fleet and experienced team, Ironman executes complex projects in diverse environments such as lakes, rivers, coastal areas, rail corridors, and highways.
