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Sabio Holdings Inc. Announces Fiscal 2025 Results, Achieves Continued Growth and Advances Strategic Revenue Diversification

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Achieved full-year IFRS revenue of $38.2 million and consolidated gross revenues1 of $41.3 million in FY2025, with continued growth in core ad-supported streaming businessFull-year gross margin of 60% in FY2025Scaled programmatic and international channels to 48% of Q4 2025 gross revenue1 mixEntering 2026 with strong momentum ahead of U.S. mid-term election cycle expected to drive increased demand and margin expansionConference call to be hosted on May 01, 2026 at 10:00 a.m. ET / 7 a.m. PT

TORONTO, April 30, 2026 /PRNewswire/ — Sabio Holdings Inc. (TSXV: SBIO) (OTCQB: SABOF) (the “Company” or “Sabio”), a Los Angeles-based ad-tech company helping global brands reach, engage and validate (R.E.V.) streaming TV audiences, today announced its audited consolidated financial results for the fiscal fourth quarter and year ended December 31, 2025. Unless otherwise indicated, all amounts are expressed in U.S. dollars.

“Despite economic uncertainties, including tariff-related impacts on two of our larger verticals, automotive and telecommunications, Sabio delivered double-digit top-line growth in its core business, supported by ongoing investment in product innovation and geographic expansion,” said Aziz Rahimtoola, Sabio Holdings’ CEO. “2025 was a year of strategic execution and transformation for Sabio. We scaled programmatic, expanded internationally, and built out Creator TV, further diversifying our revenue base. These initiatives are now contributing meaningfully to our results and positioning us for more predictable, scalable growth, underscoring the resilience of our platform and customer base even amid category-specific softness.”

“As we enter 2026, we are doing so with strong momentum across our business and ahead of a major U.S. mid-term election cycle. Historically, these cycles drive significant demand for streaming TV and mobile video advertising, and we believe Sabio is better positioned than ever to capture that opportunity.”

Fiscal 2025 Financial Highlights

Full-year consolidated gross revenue1 of $41.3 million (vs. $49.6 million in FY2024) and up 15% from $36.0 million in the last non-election year (2023). Core-business gross revenue2 grew 10% year over year, normalized for political and advocacy.Core ad-supported streaming gross revenue2 grew 18% year over year (normalized for political and advocacy). Total ad-supported streaming gross revenue2 declined to $30.2 million from $38.6 million, reflecting the expected post-election pullback in political and advocacy spending.Sabio’s newest international and programmatic offerings accelerated through 2025, with international sales3 rising from $0.2 million in Q1 to $2.6 million in Q4, and programmatic sales from $0.2 million to $2.7 million.Full year gross margin of 60%.Full-year Adjusted EBITDA4 loss of $7.1 million (vs. $3.8 million gain in FY2024), driven by lower political and advocacy spend in a non-election year, continued investment in growth initiatives (international, programmatic and Creator TV), and higher cloud infrastructure costs to support scaling programmatic and international volumes.

Fourth Quarter 2025 Financial Highlights

Consolidated gross revenue1 of $11.2 million in Q4 2025 (vs. $18.3 million in Q4 2024), reflecting the expected post-election decline in political and advocacy spend, with some softness in select verticals tied to tariff uncertainty. Despite these headwinds, core-business gross revenue2 grew 10% year over year, normalized for political and advocacy.Core ad-supported streaming gross revenue2 grew 29% year over year (normalized for political and advocacy). Total ad-supported streaming gross revenue2 declined to $8.4 million from $14.5 million, reflecting elevated spend in the prior year tied to the 2024 U.S. general election.Programmatic and international channels represented 48% of Q4 2025 revenue mix.Gross margin remained strong (57%), supported by Sabio’s end-to-end technology stack amid an evolving revenue mix.Adjusted EBITDA4 loss of $2.1 million (vs. $2.8 million gain in Q4 2024), reflecting lower political and advocacy spend in a non-election year and temporary softness in select advertiser categories tied to tariff uncertainty.

Subsequent Highlights

On April 29, 2026, the Company completed a tranche of a non-brokered private placement of 12% subordinated, secured convertible debentures for gross proceeds of CAD $900,000. The debentures have a 12-month term, bear 12% simple interest (calculated daily, paid semi-annually in arrears and at conversion or maturity), and are convertible at the holder’s option at C$0.30 per share. The debentures are secured by a general security agreement over all present and after-acquired personal property. At maturity, any unconverted principal is repayable at 107% plus accrued interest. The Company may complete additional tranches.

Business Highlights

Strategic Diversification Driving Scalable Growth

Programmatic and international channels scaled significantly throughout 2025, reaching 48% of Q4 2025 revenue mixBoth channels contributed meaningfully to full-year revenue growth, reflecting successful execution of diversification strategy

Core Branded Business

Core ad-supported streaming revenue2 grew 29% year-over-year (normalized)Growth was achieved despite softness in the automotive category in the second half of 2025, reflecting broader industry headwindsApproximately 80% reoccurring revenue5 base, supporting revenue stability Strong client retention with increased spend from existing customers

Expanding and Diversifying Customer Base

New customer logos increased 153% year-over-yearGrowth across telecommunications, financial services, entertainment, and technology verticalsIncreasing engagement with Fortune 500 advertisers

Creator TV Growth and Monetization

Expanded Creator TV distribution across major streaming platformsGrowth in original content and live programmingStrengthening of Sabio’s owned-and-operated media ecosystem

App Science® Platform and Data Leadership

Reaches approximately 80 million U.S. households, representing ~70% of the estimated 115 million U.S. streaming households, according to eMarketer6AI-powered targeting, analytics, and performance measurement capabilitiesIncreasing adoption across campaigns and insights offerings

Operational and Financial Position

Continued investments in programmatic, Creator TV, and international expansionBalance sheet strengthened through financing and debt restructuring initiatives Positioned to benefit from increasing operating leverage as scalable channels grow

Business Outlook
Sabio enters fiscal 2026 with strong momentum following the successful diversification of its revenue base in 2025.

The Company’s scaled programmatic and international offerings, combined with its expanding Creator TV ecosystem, are expected to contribute more meaningfully to results in 2026. As these channels grow, Sabio expects to benefit from increased operating leverage through its technology platform, enabling more efficient revenue growth with limited incremental headcount.

Sabio’s strengthened customer base and high level of reoccurring revenue also provide increased visibility and predictability entering the year.

Early 2026 Trends
Based on current internal data and sales pipeline trends, early activity in the first quarter of 2026 indicates continued strong momentum, with programmatic and international revenues3 growing at over 20x year-over-year levels. 

________________________

1

Gross revenue is a non‑IFRS (non‑GAAP) financial measure; see “Use of Non‑IFRS Measures” and “Selected Financials” for definitions and reconciliations to the most directly comparable IFRS measure.

2

Core-business gross revenue, core ad-supported streaming gross revenue and total ad-supported streaming gross revenue are supplementary financial measures; see “Use of Non‑IFRS Measures” for definitions.

International sales is a supplementary financial measure; see “Use of Non‑IFRS Measures” for its definition.

4

Adjusted EBITDA is a non‑IFRS (non‑GAAP) financial measure; see “Use of Non‑IFRS Measures” and “Selected Financials” for definitions and reconciliations to the most directly comparable IFRS measure.

5

Reoccurring revenue is a non‑IFRS (non‑GAAP) financial measure; see “Use of Non‑IFRS Measures” and “Selected Financials” for definitions and reconciliations to the most directly comparable IFRS measure

eMarketer “CTV households will be more than double traditional pay TV ones by next year

Positioned for U.S. Mid-Term Election Cycle
Sabio is entering the 2026 U.S. mid-term election cycle, which historically drives significant demand across streaming TV and mobile video advertising.

The Company expects:

Increased political and advocacy advertising spendImproved cash flow visibility due to prepaid campaign spendingPotential margin expansion driven by premium demand for targeted advertising

With a more diversified revenue base, expanded product capabilities, and scaled global footprint, Sabio expects strong performance throughout 2026, with momentum building through the election cycle and continuing into the remainder of the year.

Conference Call Details

Date: May 01, 2026Time: 10:00 a.m. ET / 7:00 a.m. PTWebcast Registration Link: https://us02web.zoom.us/webinar/register/WN_jj3qt1ZbSMKAHOTuS5_sZg

Selected Financials
(All figures in US$ unless otherwise noted)

For the three months ended

For the twelve months ended

December
31, 2025

December
31, 2024

December
31, 2025

December
31, 2024

$

$

$

$

Revenue

9,778,763

18,301,162

38,231,397

49,602,885

Gross profit

5,563,171

11,286,755

22,753,955

30,627,389

Gross margin

57 %

62 %

60 %

62 %

Adjusted EBITDA(*)

(2,100,718)

2,843,977

(7,147,846)

3,832,162

Net increase in cash and cash
equivalents during the period

(633,639)

428,553

(1,957,308)

688,327

Cash and cash equivalents – end of
the period

1,343,131

3,300,439

1,343,131

3,300,439

For the three months ended

For the twelve months ended

December
31, 2025

December
31, 2024

December
31, 2025

December
31, 2024

$

$

$

$

Income (loss) for the period

(2,817,019)

1,194,528

(9,834,993)

(110,875)

Finance costs

444,032

329,055

1,395,878

1,292,344

Interest earned

(9,199)

(9,957)

(39,177)

(41,568)

Amortization of intangible Assets

39,224

45,053

172,346

193,668

Stock-based compensation

52,571

53,129

281,791

216,037

Employee retention tax credit
received

(225,918)

(809,063)

Impairment loss on ROU asset

20,275

Gain on early lease termination

(7,317)

Loss on loan forgiveness

935,567

935,567

Amortization of lease

185,061

148,627

694,617

689,255

Income taxes

35,985

8,600

80,504

41,606

Foreign exchange differences

22,618

7,379

45,587

20,151

State and local taxes

123,343

1,457

171,874

42,340

Severance expenses

48,584

128,539

679,832

553,637

Adjusted EBITDA(*)

(2,100,718)

2,843,977

(7,147,846)

3,832,162

For the three months ended

For the twelve months ended

December
31, 2025

December
31, 2024

December
31, 2025

December
31, 2024

$

$

$

$

Net revenue

9,778,763

18,301,162

38,231,397

49,602,885

Add: platform costs

1,431,691

3,070,269

Gross revenue*

11,210,454

18,301,162

41,301,666

49,602,885

*See “Use of Non-IFRS Measures” below.

The financial disclosures in this news release are subject to a number of cautionary statements, assumptions, contingencies and risks as set forth in this news release. The foregoing outlook and expectations constitute forward-looking statements and financial outlook and are qualified in their entirety by the “Forward-Looking Statements” cautionary statement below. Readers are cautioned that this release if for information purposes only and may not be appropriate for other purposes.

* Use of Non-IFRS Measures
This press release makes reference to certain non-IFRS (International Financial Reporting Standards) measures including, but not limited to, Adjusted EBITDA and Gross Revenue. These measures do not have a standardized meaning prescribed by IFRS and therefore they may not be comparable to similarly titled measures presented by other companies and should not be considered in isolation nor as a substitute for analysis of financial information reported under IFRS. Rather, these non-IFRS measures are provided as additional information to complement IFRS measures by providing a further understanding of operations from management’s perspective.

Management uses adjusted earnings before interest, income taxes, depreciation, and amortization (“Adjusted EBITDA”) as a key financial metric to evaluate Sabio’s operating performance as a complement to results provided in accordance with IFRS. The term “Adjusted EBITDA”, as defined by management, refers to net income (loss) before adjusting earnings for finance costs, income taxes, stock-based compensation, amortization, non-recurring items, and severance costs. Management believes that the items excluded from Adjusted EBITDA are not connected to and do not represent the operating performance of Sabio. Management believes that Adjusted EBITDA is useful supplemental information as it provides an indication of the results generated by Sabio’s main business activities prior to taking into consideration how those activities are financed and taxed as well as expenses related to stock-based compensation, depreciation, amortization, restructuring costs, other expense (income), and foreign exchange (gain) loss. Accordingly, management believes that this measure may also be useful to investors in enhancing their understanding of Sabio’s operating performance. It is a key measure used by Sabio’s management and board of directors to understand and evaluate Sabio’s operating performance, to prepare annual budgets, and to help develop operating plans.

The term “Gross Revenue”, as defined by management, represents revenue adjusted by adding back third-party platform costs that are deducted under IFRS presentation. This measure is intended to provide additional insight into the scale of Sabio’s advertising operations, particularly in its programmatic advertising business.  Management believes that Gross Revenue is useful supplemental information as it provides an indication of the overall transaction volume processed by Sabio’s platform, which management uses to evaluate operational scale and market penetration. Accordingly, management believes that this measure may also be useful to investors in understanding the size and growth of Sabio’s advertising operations. It is a key measure used by Sabio’s management and board of directors to assess platform activity, monitor business trends, and support strategic planning.

Refer to reconciliation to Adjusted EBITDA and Gross Revenue under the “Selected Financials” section of this release and in the Company’s MD&A for the three and twelve months ended December 31, 2025 and December 31, 2024, copies of which can be found under Sabio Holdings Inc.’s profile on SEDAR Plus at sedarplus.ca.

Reoccurring revenue is a supplementary financial measure. This measure refers to the percentage of quarterly revenue generated from customers who have previously transacted with Sabio (defined as those with the same brand logo). It is derived from internal tracking systems and is used to assess customer retention and revenue predictability. This metric is not audited.

Ad-supported streaming sales and Mobile advertising revenue are supplementary financial measures that represent the proportion of the Company’s consolidated revenue as reported in its financial statements contributed by the Company’s ad-supported and mobile display product offerings, as is also presented in the Company’s MD&A for the three and twelve months ended December 31, 2025 and December 31, 2024, copies of which can be found under Sabio’s profile on SEDAR+ at sedarplus.ca.

Core ad-supported streaming revenue is a supplementary financial measure that represents revenue generated from Sabio’s core streaming TV and mobile video advertising services, excluding revenue from political and advocacy advertising campaigns.

Programmatic revenue is a supplementary financial measure represents revenue earned from advertising transactions executed through programmatic platforms, including Sabio’s and/or third parties.

International revenue is a supplementary financial measure which represents revenue generated from customers located outside the United States.

About Sabio
‍Sabio Holdings (TSXV: SBIO, OTCQB: SABOF) is a technology and services leader in the fast-growing ad-supported streaming space. Its cloud-based, end-to-end technology stack works with top blue-chip, global brands and the agencies that represent them to reach, engage, and validate (R.E.V.) streaming audiences.

Sabio consists of a proprietary ad-serving technology platform that partners with the top ad-supported streaming platforms and apps in the world, App Science™, a non-cookie-based software as a service (SAAS) analytics and insights platform with AI natural language capabilities, and Creator Television®(Creator TV), the first creator-led streaming network and content studio dedicated to bringing the authenticity and energy of social media storytelling to TV.  For more information, visit: sabioctv.com

Forward-Looking Statements
This press release may contain certain forward-looking information and statements (“forward-looking information”) within the meaning of applicable Canadian securities legislation, which is often, but not always, identified by the use of words such as “believes,” “anticipates,” “plans,” “intends,” “will,” “should,” “expects,” “continue,” “estimate,” “forecasts,” or the negative thereof and other similar expressions. All statements herein other than statements of historical fact constitute forward-looking information, including but not limited to, statements relating to Sabio’s outlook for fiscal 2026; expectations regarding growth in programmatic, international and Creator TV revenues; anticipated operating leverage, margin expansion and cash flow visibility; expected increased demand for streaming TV and mobile video advertising during the 2026 U.S. mid‑term election cycle; the timing, magnitude and revenue mix of political and advocacy advertising spend; expectations regarding scalability of the Company’s technology platform; anticipated benefits from revenue diversification initiatives; early‑stage indications of year‑over‑year growth rates in programmatic and international channels; and the Company’s ability to maintain customer retention and reoccurring revenue levels. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of the Company, its securities, or financial or operating results (as applicable). Material assumptions used to develop the forward-looking information in this press release include, but are not limited to: continued advertiser demand for connected TV and mobile video advertising; historical spending patterns associated with U.S. election cycles; successful execution and adoption of Sabio’s programmatic, international and Creator TV offerings; stable pricing and availability of streaming inventory; continued access to data, measurement and distribution partners. Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors, and assumptions concerning future events that may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including fluctuations or delays in political and advocacy advertising spend; changes in advertiser budgeting or campaign timing; continued or worsening macroeconomic conditions, including tariff‑related impacts affecting key advertiser verticals; increased competition in the ad‑tech and streaming advertising markets; changes in consumer viewing behavior; pricing pressure or shifts in advertising mix; reliance on third‑party platforms, data providers and cloud infrastructure and other risk factors disclosed in the Company’s annual information form and management’s discussion and analysis (MD&A), which are  publicly available on SEDAR Plus at www.sedarplus.ca . The Company has assumed that the material factors referred to herein will not cause such forward-looking statements and information to differ materially from actual results or events. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information: Sajid Premji, Chief Financial Officer, investor@sabio.inc, Phone: 1.844.974.2662; Sam Wang, Investor Relations, investor@sabio.inc

View original content:https://www.prnewswire.com/news-releases/sabio-holdings-inc-announces-fiscal-2025-results-achieves-continued-growth-and-advances-strategic-revenue-diversification-302759594.html

SOURCE Sabio Inc.

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Genesis Wealth Welcomes Veteran $725MM JPMorgan Advisor

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Latest addition underscores Genesis Wealth’s drive to become a preferred destination for highly experienced breakaway advisors as new office opens in Chicago’s North Shore

CHICAGO, June 18, 2026 /PRNewswire/ — Genesis Wealth, a leading wealth management platform and non-OSJ branch office within LPL Financial, today announced the addition of a veteran advisor, Alan Feutz, CFP®, from JPMorgan Securities, who has previously overseen $725 million in client assets. Feutz, who joins Genesis Wealth as Partner and Wealth Advisor, is based in Deerfield, IL, and brings 26 years of industry experience. He currently serves high-net-worth and ultra-high-net-worth clients. The move continues Genesis Wealth’s recruiting momentum among experienced bank-based advisors.

Feutz has built a reputation for delivering highly personalized wealth management and long-term client relationships grounded in trust and transparency. Focused on customized wealth planning for affluent households, he attributes the strength of his practice to attentive listening and guiding clients through all market environments – an approach enhanced by serving a smaller number of households to deepen engagement and deliver highly personalized advice.

“We are delighted to welcome Alan to our young and burgeoning firm,” said Kosta Tanglis, Founder and Managing Partner at Genesis Wealth. “This transition further validates Genesis Wealth’s platform and supported independence model, as experienced advisors increasingly seek a better way to serve clients while maintaining the infrastructure and support they need to grow.”

The transition reflects growing demand among experienced advisors for supported independence models that allow greater flexibility, autonomy and client customization. For advisors seeking more freedom from traditional bank constraints, the Genesis platform enables deeper planning relationships and tailored advice. Feutz’s decision reinforces Genesis as a destination for breakaway advisors and validates the Genesis platform and advisor-first structure.

“Alan shares our commitment to personalized planning and client care,” said Genesis Wealth Managing Director Jack Kennedy. “The advisors joining Genesis Wealth are looking for more than independence – they want a platform that empowers them to deliver customized advice while being surrounded by partners who share the same client-first mindset.”

New Genesis Office Opens in Chicago’s North Shore

The addition of Feutz also marks Genesis Wealth’s expansion into Chicago’s North Shore, one of the Midwest’s most established wealth management markets. Recently recognized by Forbes as one of Illinois’ Best-in-State Wealth Advisors for 2026, Feutz will operate from Genesis Wealth’s newly opened North Shore office in Deerfield.

Designed to support the firm’s continued growth, the approximately 10,000-square-foot office accommodates more than 20 advisors and staff and features private advisor offices, a large conference room equipped with hybrid meeting technology, oversized digital displays and dedicated collaboration spaces. The office also includes an employee lounge and ergonomic workspaces designed to support productivity and client engagement.

Located in the heart of Deerfield, the office will initially be home to Feutz and his client service team, Genesis Wealth founding advisor Joel Feiger and his team, as well as Managing Director Jack Kennedy. The location establishes a strategic presence in Chicago’s North Shore while creating capacity for future advisor recruitment and expansion throughout the region.

ABOUT GENESIS WEALTH

Genesis Wealth (GW) is a partner in the growth and success of bank-based advisors who are ready to transition to fully supported independence, operating through LPL Financial as its broker-dealer and Registered Investment Adviser (RIA). Founded in January 2024, GW officially launched under the Genesis Wealth brand in July 2025 and its advisors currently service more than $3 billion in client assets. Genesis Wealth’s high-caliber, growth-oriented advisors are enriched by and strengthen the collective culture and enterprise value of the firm. For more information about Genesis Wealth, please visit the firm’s site at genesiswealth.com

MEDIA CONTACT

Mitch Manning

424 317 4858

mmanning@haventower.com

View original content:https://www.prnewswire.com/news-releases/genesis-wealth-welcomes-veteran-725mm-jpmorgan-advisor-302804654.html

SOURCE Genesis Wealth

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79% of Global Data Center Capacity Faces Elevated Climate Risk

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New research from First Street finds the world’s largest and fastest-growing data center markets are concentrated in locations exposed to flooding, extreme heat, wildfire, wind and drought risk.

NEW YORK, June 18, 2026 /PRNewswire/ — A new First Street analysis finds that climate risk is emerging as a critical factor in data center investment performance, with physical hazards increasingly shaping operating costs, infrastructure reliability, financing conditions, and long-term asset values across global markets.

The research, Climate Risk in Global Data Center Markets: Implications for Investment and Performance, examines 97 global data center markets and finds that many of the industry’s largest and fastest-growing hubs are concentrated in locations facing elevated exposure to flooding, extreme heat, wildfire, wind, and drought. As trillions of dollars flow into digital infrastructure to support cloud computing and artificial intelligence, the analysis suggests climate risk is becoming a key determinant of which markets can deliver durable returns.

Global data center capacity has expanded rapidly over the past decade and is expected to nearly double again by 2030. Yet while investors have traditionally focused on power availability, connectivity, land access, and demand growth, climate risk remains largely absent from many underwriting and valuation frameworks despite its direct influence on uptime, operating costs, insurance availability, and infrastructure reliability.

By analyzing climate exposure across global data center markets, First Street finds:

54% of global data center capacity is located in markets exposed to chronic climate stress, including extreme heat and drought, which increase cooling costs, reduce efficiency, and put operating margins under pressure.79% of global capacity faces elevated acute climate hazards, including flooding, wind, and wildfire risks that can disrupt operations, increase downtime, and drive insurance and repair costs.Chronic exposure varies significantly across major investment markets. Exposure reaches 89% of capacity in APAC, compared with 50% in the Americas and 46% in EMEA, creating meaningful differences in operating performance.The industry’s largest growth markets rank among its most climate-exposed. Major hubs including Northern Virginia, Johor, and Marseille sit in the highest climate-risk tier globally, while lower-risk Nordic markets rank among the least exposed.

The findings suggest that climate risk is increasingly differentiating data center markets that may appear similar based on traditional investment metrics but face very different long-term operating conditions.

“Where you build a data center determines a large share of what it will cost to run for the next 20 or 30 years. Climate is a big part of that: cooling, water, and reliability all depend on location,” said Dr. Jeremy Porter, Chief Economist at First Street. “But most valuations still focus on growth and treat climate as a secondary concern.”

“Most underwriting for real assets still uses historical data, but the climate is no longer behaving the way the historical record would predict. As heat, drought, and water stress increase, outdated models simply don’t offer a complete view of risk anymore,” said Matthew Eby, Founder and CEO of First Street. “Investors who incorporate these factors into underwriting and capital allocation decisions will be better positioned to identify resilient markets and avoid mispriced risk.”

The full report is available at firststreet.org/research.

To learn more or to request a demo, visit firststreet.org or reach out to bd@firststreet.org

About First Street:

At First Street, we are on a mission to connect climate and financial risk. For nearly a decade, our scientists have created transparent, peer-reviewed physical climate risk models that quantify the financial impacts of perils such as flooding, wildfire, and extreme wind events for every property in the world. In December 2024, we launched the First Street Enterprise Suite, a global software platform that transforms our models into actionable financial signals for decision-makers worldwide. First Street is the standard for Climate Risk Financial Modeling, empowering asset owners, asset managers, governments, real estate investors, corporations, and millions of homebuyers every day to make climate-informed decisions.

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View original content:https://www.prnewswire.co.uk/news-releases/79-of-global-data-center-capacity-faces-elevated-climate-risk-302804656.html

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iLEAD Schools and School Pathways Expand Their Partnership with the Launch of iLEAD Flex in Lancaster

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With the California moratorium on the creation of new non-classroom-based (NCB) charter schools lifted this year, iLEAD is expanding into new communities, using the School Pathways SIS Suite to run its operations.

CHICO, Calif., June 18, 2026 /PRNewswire/ — iLEAD Schools, a California network of tuition-free public charter schools serving TK–12 learners through classroom-based, hybrid, online, and independent home study models, announces the expansion of its charter network into Lancaster, California, adding a new charter school in their network beginning in 2026. The announcement builds on iLEAD’s longstanding partnership with School Pathways and its continued use of the SIS Suite, which has supported the network’s operations and compliance since 2021.

A New Opening for Flex-Based Charter Schools

Since the statewide moratorium on new nonclassroom-based charters concluded on January 1, 2026, mission-driven networks like iLEAD have been moving quickly to bring their programs to communities that have long lacked access to flexible, learner-centered options. For iLEAD, the moment reflects over a year of preparation. The decision to open in Lancaster was driven by the needs of families in the Antelope Valley, where a combination of school closures and strong community demand made the case for iLEAD Flex clear.

With California’s oversight standards for flex-based programs continuing to evolve, iLEAD’s investment in purpose-built compliance infrastructure, anchored by the School Pathways SIS Suite, positions the network to launch and grow responsibly.

“School Pathways has been a great partner in our beginning stages of growth. Their team is responsive, collaborative, and always willing to troubleshoot challenges as they arise, helping us build strong systems and processes as we expand,” said iLEAD Chief Integration Officer Cassandra Coleman. “We value the relationships we have built with their team.”

A Flexible Learning Model for Every Family

iLEAD Flex will open in August 2026, a community where iLEAD already has a strong presence. The TK–12 campus introduces a new level of flexibility to that community, offering families a choice between full classroom-based instruction, Independent Study, or hybrid options on campus each week.

Each pathway is designed to be adaptable as a student’s needs evolve, and all three are grounded in iLEAD’s established educational approach, which includes hands-on project-based learning, a social-emotional curriculum, and individualized instruction to meet the needs of every unique child. At the high school level, iLEAD Flex students will have access to dual enrollment with the local community college, allowing them to earn college credits at no cost while completing high school requirements. The campus is also developing Career Technical Education (CTE) pathways in partnership with local businesses and community leaders to build leadership and career readiness skills.

iLEAD Flex is expected to open with approximately 750 learners, bringing iLEAD’s total network enrollment to nearly 7,000 students. The launch is part of a longer growth plan that includes iLEAD Innovate, the network’s next planned campus, which would be their first school outside of Los Angeles County and is expected to open in fall 2027.

School Pathways and the iLEAD Partnership

The partnership supports iLEAD’s broader ten-year goal of positively impacting 10,000 learners across California with sustainable launches of new schools over the coming years. From guiding the scope and launching iLEAD Flex on a compressed timeline to maintaining clean data, streamlined CALPADS reporting, and efficient workflows across the organization, School Pathways has supported iLEAD’s growth at every stage with consistent, responsive support. As the network continues to grow, iLEAD also plans to leverage School Pathways’ AI-powered features to manage enrollment and administrative workloads, allowing staff to focus on serving learners and families.

School Pathways brings more than 20 years of experience partnering with charter and non-traditional schools across California and currently works with 300+ schools statewide. The integrated SIS suite includes a student lottery system, online registration, Student Information System, and a platform for Independent Study program management, all built specifically for hybrid, virtual, and non-traditional learning environments.

For iLEAD, the platform supports the full range of the network’s needs across all learning modalities, including:

Enrollment management with online registrationCALPADS reporting and state compliance for Independent Study programsLearning agreements, student activity tracking, and program documentationFamily and educator access to real-time student records and progress

“The lift of the moratorium marks a meaningful turning point for flex-based education in California and for the schools that have been doing this work with intention,” said School Pathways CEO Kacie Jester. “iLEAD is a strong example of a network that invested in the right systems, maintained compliance through a challenging regulatory period, and is now in a position to grow. We’re proud to support them, and to be the platform that schools across California trust to make that kind of expansion possible.”

About iLEAD Schools

iLEAD Schools is a network of tuition-free public charter schools in California committed to helping every learner become a lifelong learner, empathetic citizen, authentic individual, and design thinker. With classroom-based, hybrid, online, and independent home study options serving grades TK–12, iLEAD provides personalized, project-based learning experiences that celebrate each student’s individuality and inspire them to lead. For more information, visit ileadschools.org.

About School Pathways

School Pathways is a California-based education software company with more than 20 years of experience serving charter and non-traditional schools. We provide solutions for virtual, hybrid, and Independent Study programs that simplify school operations and foster student success in a variety of learning environments. In addition to a Student Information System better-built for non-traditional learning environments, we offer software that enables our clients to manage online learning agreements, student activity tracking, re-engagement communications, audit preparation, adult education, and more. For more information, please visit schoolpathways.com.

Media Contact:
Elena Chow
Growth Marketing Manager
elena@schoolpathways.com

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SOURCE School Pathways

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