on Alphinat Inc. (isin : CA02081Y1034)
Alphinat Reports Increased Quarterly Loss for Q1 2024
Montreal-based Alphinat Inc. announced a net loss of $43,866 for the quarter ending May 31, 2024, marking a significant increase from the $5,848 loss for the same period in 2023. Revenues also saw a decline, from $393,621 in Q1 2023 to $256,533 in 2024. The company remains focused on public sector sales, leveraging its SmartGuide solutions across federal, state, and municipal government agencies to enhance solution deliveries and user experiences.
To foster growth, Alphinat emphasizes six key solution areas including SmartGuide® Grants and Contributions, SmartGuide® Portal Edition for Dynamics 365, and SmartGuide® Claims, among others. Each solution aims to improve productivity and integration for government and municipal clients.
Despite financial setbacks, Alphinat seeks to maintain its presence in the market through expanded solution offerings and strategic partnerships.
R. P.
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