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Plurilock Sec Stock Price, News & Analysis

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Welcome to our dedicated page for Plurilock Sec news (Ticker: PLCKF), a resource for investors and traders seeking the latest updates and insights on Plurilock Sec stock.

Plurilock Security Inc. (OTCQB: PLCKF) is a services-led, product-enabled, AI-native cybersecurity systems integrator whose news flow centers on contracts, Critical Services growth, capital raises, and leadership updates. The company reports that it works with Five-Eyes governments, NATO-aligned agencies, Global 2000 enterprises, semiconductor manufacturers, and a large U.S. state law enforcement agency, making its announcements relevant to investors following cybersecurity in high-stakes environments.

News for Plurilock frequently covers software and services contracts, such as multi-million-dollar licensing agreements with a Nasdaq-listed semiconductor manufacturer and software and services engagements with public safety organizations. These updates often describe insider-risk solutions, data loss prevention initiatives, and Security Operations Center services that extend Plurilock’s presence within existing customer accounts.

Investors can also expect financial results releases, where Plurilock discusses revenue across hardware and systems sales, software, license and maintenance, and professional services, along with commentary on the performance of its Critical Services segment and non-IFRS measures such as EBITDA and Adjusted EBITDA. Additional news items include capital markets activity, such as convertible debenture offerings and warrant issuances, and insider share purchases by executives, directors, and employees.

Corporate developments, including executive appointments and the evolution of the Critical Services and SecOps practices, are also part of the company’s disclosures. For readers tracking PLCKF, this news page provides an organized view of contract wins, operational milestones, financing events, and governance updates that shape Plurilock’s cybersecurity business over time.

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Plurilock Security (OTCQB:PLCKF) has announced the sale of its CloudCodes business assets to Scope Technologies for total considerations of $1.78 million. The transaction includes $100,000 in cash and 4.2 million common shares of Scope Technologies.

The deal involves the sale of Plurilock Security Private Limited subsidiary and related CloudCodes assets, marking Plurilock's strategic shift from SME markets to focus on large enterprises, government, and Fortune 500 clients. The transaction is expected to close around September 15, 2025, subject to regulatory approvals.

Canaccord Genuity Corp. will receive an advisory fee of $40,000 in Plurilock common shares for the transaction.

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Plurilock Security (OTCQB:PLCKF), a global cybersecurity provider, reported Q2 2025 financial results with total revenue of $16.4M, up from $14.3M in Q2 2024. The company saw a 159% increase in Critical Services revenue year-over-year and a 42% improvement in Adjusted EBITDA loss.

Revenue breakdown shows software and maintenance sales at $10.8M (65.7%), professional services at $4.3M (26%), and hardware sales at $1.4M (8.2%). Gross margin decreased to 12% from 14.7% due to a one-time lower-margin resale order. The company maintains $1.7M in cash with an additional $8.5M in unused credit facilities.

Management focuses on higher-margin offerings and expansion into NATO and Middle East markets, leveraging existing relationships with Canadian and U.S. federal clients.

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Plurilock Security (OTCQB:PLCKF), a global cybersecurity services provider, has scheduled the release of its Q2 2025 financial results for Tuesday, August 19, 2025, after market close. The results will cover the three and six months ended June 30, 2025.

The company will host a live webinar on Wednesday, August 20, 2025, at 11:00 AM ET (8:00 AM PT), where CEO Ian L. Paterson and CFO Scott Meyers will present the results, provide company updates, and conduct a Q&A session. A recording and supporting materials will be available on the company's investor relations website after the event.

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Plurilock Security (OTCQB: PLCKF) has achieved certification as a Forcepoint Services Partner, expanding its role in providing managed cybersecurity solutions. The partnership enables Plurilock to offer integrated Critical Services to Forcepoint customers, including implementation, policy tuning, hosting, and fully managed services for Forcepoint's AI-powered data security platform.

The collaboration is already generating leads across enterprise and public sector accounts. Plurilock's certified services encompass Data Loss Prevention (DLP), Data Security Posture Management (DSPM), and Enterprise Security Posture Management (ESPM), all integrated into their Data Protection as a Service (DPaaS) platform.

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Plurilock Security (OTCQB: PLCKF) has secured a significant $2.54 million CAD ($1.85 million USD) multi-year contract with a NASDAQ-listed enterprise. The 3-year agreement focuses on implementing AI-native cybersecurity solutions after discovering high-risk misconfigurations in the client's email security systems.

The company's Critical Services team will deploy a behavioral AI email security platform to combat phishing threats and reduce operational strain. The contract, which began fulfillment in Q2 2025, aligns with Plurilock's strategic shift toward recurring, higher-margin software and service engagements in the U.S. commercial market.

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Plurilock Security (OTCQB:PLCKF) held its Annual General Meeting on June 25, 2025, where shareholders approved all proposed resolutions. The meeting saw 7,659,297 common shares represented, accounting for 9.75% of the company's outstanding shares.

All five director nominees were successfully elected with strong approval rates ranging from 87.095% to 99.713%. Shareholders also approved the re-appointment of MNP LLP as auditor, amendments to the Omnibus Incentive Plan, and ratification of the Company's Articles.

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Plurilock Security (PLCKF) has secured new contracts worth $1.3M CAD from April to May 2025, strengthening its position in cybersecurity solutions. The deals include a $270,484 annual penetration testing agreement with a U.S. advertising company and two contract extensions with a NASDAQ-listed semiconductor manufacturer: $264,321 for SIEM services and $784,904 for SOC analyst support. These Critical Services engagements, delivered in partnership with CrowdStrike and Abnormal Security, showcase Plurilock's comprehensive security capabilities. The company's Critical Services business demonstrated strong growth with a 178% year-over-year increase in 2025, contributing to multi-year revenue visibility and recurring revenue streams.
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Plurilock Security (PLCKF) reported strong Q1 2025 financial results with total revenue of $19.04M, up from $12.84M in Q1 2024. The company saw significant growth in Critical Services revenue, up 178% year-over-year, and a 28% increase in gross profit to $2.3M. Revenue breakdown included hardware/systems sales at $2.72M (14.3%), software/license/maintenance at $12.41M (65.2%), and professional services at $3.91M (20.6%). Gross margin was 12.2%, down from 14.2% in Q1 2024. The company secured multiple high-profile contracts, including a US$800K services contract with a U.S. hospital and a CAD$1.4M contract with the Canadian Federal Government. Plurilock also completed an over-subscribed Special Warrant Offering raising $4.98M and generated $1.86M from warrant exercises. Cash position improved to $2.66M with an additional $7.8M in unused credit facilities.
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Plurilock Security reported its fiscal 2024 financial results, showing significant improvements in profitability metrics despite flat revenue. Total revenue was $59.1 million, comparable to 2023's $59.4 million. Notable achievements include a 50% increase in gross profit to $7.8 million and gross margin improvement to 13.1% from 8.5% year-over-year. The company's Critical Services division grew by 152%, while contracted backlog more than doubled to $56.7 million. The company implemented new accounting practices, shifting focus to recognizing software and services revenue over time. Revenue mix showed positive trends with software and maintenance sales accounting for 70.5% of total revenue, while hardware sales decreased to 14.8%. Adjusted EBITDA improved to -$3.6 million from -$4.2 million in 2023. The company secured several major contracts, including a US$19.3 million deal with an S&P 500 semiconductor company.
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Plurilock Security (PLCKF) has provided a corporate update highlighting its strategic progression in the cybersecurity sector. The company is executing a measured shift toward software-driven engagements and commercial business segments to support long-term margin improvement.

The company reports steady engagement with technology and channel partners across government and enterprise channels. According to their Q3 2024 financial statements, gross margins have improved as Plurilock scales its Critical Services business and identifies software-led opportunities.

CEO Ian L. Paterson emphasizes that cybersecurity remains a core requirement, not a discretionary expense. The company's position is strengthened by ongoing regulatory developments, an expanding cyber threat landscape, and increasing adoption of zero trust frameworks. Plurilock maintains stable operations supported by consistent client activity, pipeline strength, and efficient delivery of cybersecurity services.

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FAQ

What is the current stock price of Plurilock Sec (PLCKF)?

The current stock price of Plurilock Sec (PLCKF) is $0.0805 as of April 8, 2026.

What is the market cap of Plurilock Sec (PLCKF)?

The market cap of Plurilock Sec (PLCKF) is approximately 6.4M.