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Plaintree Systems (PTEEF) delivers innovative engineering solutions through its Specialty Structures and Applied Electronics divisions, serving construction and aerospace sectors. This news hub provides investors and industry professionals with comprehensive updates on the company’s operational developments and strategic initiatives.
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Key updates include progress in custom-engineered building solutions, precision machining capabilities, and quality control enhancements. Stay informed about operational synergies between divisions and market expansion efforts through verified financial disclosures and corporate communications.
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Plaintree Systems Inc. (CSE:NPT) has released its Q3 fiscal 2025 financial results. The company reported revenues of $4,594,952 for the quarter ending December 31, 2024, compared to $4,857,244 in the same period of fiscal 2024. The company achieved a net income of $11,745 in Q3 2025, improving from a net loss of $173,920 in Q3 2024.
For the nine-month period ending December 31, 2024, Plaintree recorded a net income of $527,299, up from $447,085 in the same period of fiscal 2024. The company operates through two divisions: Specialty Structures (including Triodetic Group and Spotton ) and Applied Electronics (comprising Hypernetics, Summit Aerospace USA Inc., and Elmira Stove Works Inc.).
Plaintree Systems reported Q2 fiscal 2025 results with revenues of $6.8M, up from $5.2M in Q2 2024. Six-month revenues reached $14.1M, compared to $12.9M in the previous year. However, the company recorded a quarterly net loss of $(610,524), versus a loss of $(43,868) in Q2 2024. The six-month period showed net income of $515,554, down from $621,005 in fiscal 2024. Management attributed the quarterly loss to timing and cost realizations on large multi-quarter projects.
Plaintree Systems Inc. (CSE:NPT) has released its Q1 fiscal 2025 results, ending June 30, 2024. The company reported revenues of $7,282,784, down from $7,752,991 in the same period last year. However, net income increased to $1,126,078 from $664,873 year-over-year. CEO David Watson highlighted improvements across the board, with gross margin rising from 27% two years ago to 34%, indicating enhanced productivity. Plaintree operates in two divisions: Specialty Structures and Applied Electronics, offering diverse products including steel structures, avionic components, and high-end kitchen appliances.
Plaintree Systems Inc. (CSE:NPT) has released its audited financial statements for the fiscal year ending March 31, 2024. The company reported revenues of $24,204,805, up from $19,943,120 in fiscal 2023. Plaintree achieved a net profit of $1,071,906, compared to a loss of $1,944,940 in the previous year. CEO David Watson highlighted increased gross margins and revenue growth as positive indicators for fiscal 2025. Plaintree operates two diversified product lines: Specialty Structures and Applied Electronics, which include businesses such as Triodetic Group, Spotton , Hypernetics, Summit Aerospace USA Inc., and Elmira Stove Works Inc.
Plaintree Systems Inc. (CSE:NPT) reported strong financial results for the first three quarters of fiscal 2023, ending December 31, 2022. The company achieved revenues of $16,545,490, up from $11,025,377 in fiscal 2022, a Year-over-Year increase of 49%. Net income also rose significantly to $1,390,041 compared to $164,230 in the prior year. Despite these positive figures, the CEO mentioned challenges, including supply chain issues affecting Elmira Stove Works' shipments due to its recent acquisition. The company operates in specialty structures and applied electronics sectors.
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