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Corporate GovernanceApr 30, 2026, 10:18 AM

TBRG Amends 10-K for Governance, Executive Comp; 2025 Rev +1%

AI Summary

TruBridge, Inc. filed an Amendment No. 1 to its 2025 Annual Report on Form 10-K to include previously omitted Part III information, detailing Directors, Executive Officers, Corporate Governance, and Executive Compensation. This amendment follows the disclosure of a merger agreement where TruBridge will become a wholly-owned subsidiary of Inventurus Knowledge Solutions, Inc. The filing highlights the company's 2025 performance, including 1% revenue growth, over $25 million net income growth, and 23% Adjusted EBITDA growth, which informed executive compensation decisions, though 2023-2025 performance share awards were certified at 0%.

Key Highlights

  • Amendment filed to include Part III of 2025 Form 10-K.
  • Merger agreement with Inventurus Knowledge Solutions, Inc. previously disclosed.
  • 2025 overall revenue grew 1%.
  • 2025 net income grew over $25 million.
  • 2025 Adjusted EBITDA grew 23%, with margins up 346 bps.
  • Cash flow from operations improved by $6 million in 2025.
  • Paid down $5 million of debt principal; leverage ratio improved to 2.0x.
  • 2023-2025 performance share awards certified at 0%.