on Plaintree Systems Inc. (isin : CA72663E2050)
Plaintree Systems Inc. Announces First Quarter Fiscal 2025 Results
Plaintree Systems Inc. (CSE:NPT) released its unaudited interim consolidated financial statements and related management's discussion and analysis for the first quarter of fiscal 2025, ending June 30, 2024. The company reported revenues of $7,282,784, a decrease from $7,752,991 in the same period the previous year.
Net income for the quarter was $1,126,078, up from $664,873 a year earlier. CEO David Watson highlighted improvements in key performance metrics, noting an increase in net working capital, profitability, and gross margin, which rose from 27% two years ago to 34%.
Further details, including the financial statements, are available on SEDAR (www.sedarplus.ca) or the company’s website (www.plaintree.com).
R. P.
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