Plaintree Systems Inc. Announces First Quarter Fiscal 2026 Results
Plaintree Systems (PTEEF) reported quarterly and six-month fiscal 2026 results for the period ended September 30, 2025. For Q2 the company recorded revenue $4,691,162 vs $6,229,534 a year earlier and net income $924,152 vs a prior-year net loss of $(610,524). For the six months Plaintree reported revenue $10,226,430 vs $12,840,486 and net income $1,926,690 vs $551,825 a year earlier.
Management noted Elmira shipments were effectively shut down for six months due to a recertification process and tariff uncertainty, but final recertification approval is expected in the coming months to permit backlog shipments. Summit Aerospace assets and liabilities are presented as held for sale as of September 2025. Outstanding shares: 12,925,253 common and 18,325 class A preferred.
Plaintree Systems (PTEEF) ha riportato i risultati trimestrali e semestrali per l’esercizio fiscale 2026 relativi al periodo terminato il 30 settembre 2025. Per il Q2 l’azienda ha registrato entrate di $4.691.162 rispetto a $6.229.534 dell’anno precedente e un utile netto di $924.152 contro una perdita netta dell’anno precedente di $(610.524). Per i sei mesi Plaintree ha riportato entrate di $10.226.430 rispetto a $12.840.486 e utile netto di $1.926.690 contro $551.825 dell’anno precedente.
La direzione ha osservato che le spedizioni Elmira sono state effettivamente sospese per sei mesi a causa di un processo di ricertificazione e dell’incertezza tariffaria, ma l’approvazione finale della ricertificazione è prevista nei prossimi mesi per permettere le spedizioni in backlog. Gli asset e le passività di Summit Aerospace sono presentati come held for sale al settembre 2025. Azioni in circolazione: 12.925.253 azioni ordinarie e 18.325 azioni privilegiate di tipo A.
Plaintree Systems (PTEEF) presentó resultados trimestrales y semestrales para el ejercicio fiscal 2026 para el periodo terminado el 30 de septiembre de 2025. Para el Q2 la compañía registró ingresos de $4,691,162 frente a $6,229,534 del año anterior y utilidad neta de $924,152 frente a una pérdida neta del año anterior de $(610,524). Para los seis meses, Plaintree reportó ingresos de $10,226,430 frente a $12,840,486 y utilidad neta de $1,926,690 frente a $551,825 el año anterior.
La dirección señaló que los envíos de Elmira estuvieron prácticamente suspendidos durante seis meses debido a un proceso de recertificación y a la incertidumbre arancelaria, pero se espera la aprobación final de la recertificación en los próximos meses para permitir envíos en backlog. Los activos y pasivos de Summit Aerospace se presentan como held for sale a septiembre de 2025. Acciones en circulación: 12,925,253 acciones comunes y 18,325 acciones preferentes de clase A.
Plaintree Systems (PTEEF)가 회계연도 2026년 분기 및 6개월 재무 결과를 2025년 9월 30일 종료 기간 기준으로 발표했습니다. 2분기(Q2)에서 회사는 매출 $4,691,162를 기록했고 전년 동기 $6,229,534와 비교되며 순이익 $924,152를 기록했고 전년에는 순손실 $(610,524)였습니다. 6개월 기준으로 Plaintree는 매출 $10,226,430, 전년 동기 $12,840,486 및 순이익 $1,926,690, 전년 $551,825를 보고했습니다.
경영진은 Elmira의 출하가 재인증 프로세스와 관세 불확실성으로 인해 6개월간 사실상 중단되었다고 언급했으나, 재인증 최종 승인은 향후 몇 달 내에 기대되어 백로그 출하를 허용할 예정이라고 했습니다. Summit Aerospace의 자산과 부채는 2025년 9월 기준으로 매각 예정 보유로 제시됩니다. 발행 주식 수: 일반주식 12,925,253주 및 클래스 A 우선주 18,325주.
Plaintree Systems (PTEEF) a publié les résultats trimestriels et semestriels pour l’exercice 2026 pour la période se terminant le 30 septembre 2025. Pour le 2e trimestre, l’entreprise a enregistré des ventes de 4 691 162 $ contre 6 229 534 $ l’année précédente et un résultat net de 924 152 $ contre une perte nette de 610 524 $ l’an précédent. Pour les six mois, Plaintree a enregistré des ventes de 10 226 430 $ contre 12 840 486 et un résultat net de 1 926 690 $ contre 551 825 $ l’an dernier.
La direction a noté que les livraisons Elmira ont été pratiquement suspendues pendant six mois en raison d’un processus de recertification et de l’incertitude tarifaire, mais l’approbation finale de la recertification est attendue dans les mois à venir pour permettre les envois en retard. Les actifs et passifs de Summit Aerospace sont présentés comme en vente au 30 septembre 2025. Nombre d’actions en circulation : 12 925 253 actions ordinaires et 18 325 actions privilégiées de classe A.
Plaintree Systems (PTEEF) hat die Quartals- und die SechsMonats-Ergebnisse für das Geschäftsjahr 2026 für den Zeitraum zum 30. September 2025 veröffentlicht. Im Q2 verzeichnete das Unternehmen Umsatz von 4.691.162 $ gegenüber 6.229.534 $ im Vorjahr und Nettoeinkommen von 924.152 $ gegenüber einem Vorjahresfehlbetrag von (610.524). Für die sechs Monate meldete Plaintree Umsatz von 10.226.430 $ gegenüber 12.840.486 und Nettoeinkommen von 1.926.690 $ gegenüber 551.825 im Vorjahr.
Das Management stellte fest, dass Elmira-Lieferungen aufgrund eines Re-Zertifizierungsprozesses und Tarifan senken Ungewissheit für sechs Monate praktisch eingestellt wurden, aber eine endgültige Zertifizierungsfreigabe wird in den kommenden Monaten erwartet, um Rückstände zu liefern. Die Vermögenswerte und Verbindlichkeiten von Summit Aerospace werden zum September 2025 als zum Verkauf gehalten ausgewiesen. Ausstehende Aktien: 12.925.253 Stammaktien und 18.325 Class A Vorzugsaktien.
Plaintree Systems (PTEEF) أصدرت نتائج ربع سنوية ونصف سنوية للعام المالي 2026 للفترة المنتهية في 30 سبتمبر 2025. بالنسبة للربع الثاني Q2، سجلت الشركة إيرادات قدرها 4,691,162 دولار مقارنة بـ 6,229,534 دولار في العام السابق و صافي الربح 924,152 دولار مقابل صافي خسارة سابقاً قدره (610,524). وبالنسبة للنصف الأول، أعلنت Plaintree إيرادات قدرها 10,226,430 دولار مقابل 12,840,486 و صافي ربح 1,926,690 دولار مقابل 551,825 في العام السابق.
أشارت الإدارة إلى أن شحنات Elmira تعرضت لتعطيل فعلي لمدة ستة أشهر بسبب إجراءات إعادة شهادة وعدم اليقين بشأن التعريفات، لكن من المتوقع أن تتم الموافقة النهائية على إعادة الشهادة في الأشهر القادمة للسماح بالشحنات المتأخرة. أصول ومطلوبات Summit Aerospace معروضة كـ مملوكة للبيع اعتباراً من سبتمبر 2025. الأسهم المتداولة: 12,925,253 سهماً عادياً و 18,325 سهماً من النوع A الممتاز.
- Q2 net income of $924,152 (turnaround from prior loss)
- Six-month net income of $1,926,690 (increase vs $551,825)
- Expected recertification approval could clear Elmira backlog
- Q2 revenue declined to $4.69M from $6.23M (≈24.7% YoY)
- Six-month revenue down to $10.23M from $12.84M (≈20.4% YoY)
- Summit Aerospace assets presented as held for sale as of Sept 2025
ARNPRIOR, ON / ACCESS Newswire / November 14, 2025 / Plaintree Systems Inc. (CSE:NPT) ("Plaintree" or the "Company").
Quarterly Statements for the Second Quarter of Fiscal 2026 ending September 30, 2025.
Plaintree announced today that it has released its unaudited interim consolidated financial statements and related management's discussion and analysis for the six months ending September 30, 2025.
For the quarter ending September 30, 2025, Plaintree realized revenues from operations of
Net income was
For the first six-month period ended September 30, 2025, Plaintree realized revenues from operations of
For the first six-month period ended September 30, 2025, Plaintree realized net income of
"This positive quarter was hard won, considering that the recertification process and tariff uncertainty has effectively shut down Elmira shipments for the past six months," said David Watson, CEO. "On a positive note, we have been advised that final approval of the recertification for the remaining appliances should be issued in the next few months, and following this, Elmira can begin to ship its accumulated backlog. The wind down of Summit continues with chattels and buildings in the process of being sold."
Additional information relating to the Company, including the financial statements, may be found on SEDAR at www.sedarplus.ca or the Company's website at www.plaintree.com.
About Plaintree Systems
Plaintree has two diversified product divisions consisting of Specialty Structures and Applied Electronics.
The Specialty Structures division includes the Triodetic Group with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, foundations for unstable soil conditions and flood zones, for free form structures, barrel vaults, space frames and industrial dome coverings, and Spotton Corporation, a design and manufacturer of high end custom hydraulic and pneumatic valves and cylinders.
The Applied Electronics division includes the legacy Hypernetics, Summit Aerospace USA Inc. and Elmira Stove Works Inc. businesses. Hypernetics was established in 1972 and is a manufacturer of avionic components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators. Summit Aerospace USA Inc. provides high precision machining to the aerospace and defense markets. Our facility includes 5 axis CNC precision machining of complex castings and large ring parts such as turbine and assembly shrouds as well as assembly & pressure seals. Summit will support requirements from concept, prototype and throughout production. Elmira Stove Works Inc a manufacturer of high-end heritage and retro-styled kitchen appliances under the brand names "Northstar", "Fireview" and "Heritage".
Until July 2025, the Applied Electronics segment included the business of Summit Aerospace USA Inc. ("Summit Aerospace"), a machine shop serving the aerospace sector. The assets and liabilities associated with this business are presented as held for sale as of September 2025.
Plaintree's shares are traded under the symbol "NPT". Shareholders and Investors can access Company information on CSE's website and receive full Company disclosure monthly. For more information on Plaintree or to receive stock quotes, complete with trading summaries, bid size and ask price, brokerage house participation, insider reports, news releases, disclosure information, and CSE and SEDAR filings, visit the CSE website at https://thecse.com/listings/plaintree-systems-inc/ or the Company's website at www.plaintree.com.
Plaintree is publicly traded in Canada on the CSE (NPT) with 12,925,253 common shares and 18,325 class A preferred shares outstanding.
This press release may include statements that are forward-looking and based on current expectations. The actual results of the company may differ materially from current expectations. The business of the company is subject to many risks and uncertainties, including changes in markets for the company's products, delays in product development and introduction to manufacturing, and intense competition. For a more detailed discussion of the risks and uncertainties related to the company's business, please refer to documents filed by the company with the Canadian regulatory authorities, including the annual report of the Company for the fiscal year ended March 31, 2025 and related management discussion and analysis.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the content of this news release.
For further information:
Robert Turley, CFO
(613) 623-3434 x2282
SOURCE: Plaintree Systems, Inc.
View the original press release on ACCESS Newswire
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