on Plaintree Systems Inc. (isin : CA72663E2050)
Plaintree Systems Inc. Reports Second Quarter Fiscal 2025 Results
Plaintree Systems Inc., based in Arnprior, Ontario, announced its unaudited interim consolidated financial statements for the second quarter of fiscal 2025, ending on September 30, 2024. The company reported revenues of $6,845,529 compared to $5,177,886 in the same period of fiscal 2024. For the six months ending September 30, 2024, revenues reached $14,128,213, up from $12,930,877 the previous year.
The company experienced a net loss of $(610,524) for the quarter, contrasting with a net loss of $(43,868) a year earlier. However, net income for the six-month period was $515,554, down from $621,005 in fiscal 2024. CEO David Watson attributed the quarterly loss to timing and costs of large projects spanning several quarters and years.
Additional details are available on SEDAR or the company's website. Plaintree Systems operates in Specialty Structures and Applied Electronics, serving diverse markets.
R. P.
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