Welcome to our dedicated page for Titan Logic news (Ticker: TPCFF), a resource for investors and traders seeking the latest updates and insights on Titan Logic stock.
Titan Logix Corp. (TPCFF, TSXV: TLA) is a technology company that designs and manufactures mobile liquid measurement solutions and TD Series tank level monitors for bulk liquids transportation. The company regularly issues news updates covering its financial performance, strategic growth initiatives, product development milestones, and corporate actions.
On this page, readers can review news about Titan Logix Corp.’s quarterly and annual financial results, including revenue trends, gross profit, and non-IFRS measures such as EBITDA and Operating EBITDA as reported by the company. These releases often discuss the performance of the core business, investment in product research and development, and the company’s efforts to diversify into new mobile liquid market segments.
Titan’s news flow also highlights product and technology developments. Recent announcements have described the launch of a new product line for the refined petroleum market based on the TD Series platform, the introduction of connected apps such as Titan Install and Titan Portal, and progress on pilot trials and fleet conversions with fleet operators in refined fuels, crude oil, and chemical markets. The company’s digital strategy, including cloud-connected products and modern installation tools, is a recurring theme in its communications.
In addition, investors can find updates on corporate governance and capital markets activity, such as the implementation of a Normal Course Issuer Bid, amendments to the stock option plan, and the granting and vesting of stock options. News about annual general meeting voting results and board committee appointments is also reported. This news page allows users to follow how Titan Logix Corp. executes its strategic growth plan and manages its operations in the mobile liquid measurement space over time.
Titan Logix Corp reported strong Q1 fiscal 2025 results with a 43% revenue increase to $2,160,000 compared to the same period last year. The company achieved one of its highest-grossing quarters in nearly a decade, driven by a fleet conversion from a successful pilot trial. Gross profit increased by $423,000 to $1,203,000, representing 56% of revenue compared to 52% in Q1 2024.
The company completed its first fleet conversion and added 7 new pilot trial customers across multiple market segments including Refined Fuels, Crude Oil, and Chemicals. Operating EBITDA improved to $664,000 compared to $206,000 in the same period last year. The company reported net earnings of $247,000 ($0.01 per share) compared to a net loss of $404,000 in Q1 2024.
Titan Logix Corp reported its fiscal 2024 results with a 10% revenue increase to $6.86 million from $6.21 million in 2023. The company achieved a gross profit of $3.46 million (51% margin) compared to $3.08 million (50%) in 2023. Net income rose to $546,000 from $83,000, resulting in earnings per share of $0.02. Operating EBITDA improved to $1.15 million from $648,000. The company noted increased product research expenses of $1.12 million, up from $373,000, supporting market diversification efforts. Management highlighted steady market share in crude and used oil segments while signaling expansion into refined fuels markets.
Titan Logix Corp. (TSXV: TPCFF) reported its fiscal 2024 Q3 results, showing increased revenue and gross profit. Q3 revenue rose 18% to $1,925,730, while gross profit increased to $1,003,660 (52% of revenue). The company saw sustained demand for TD100™ series products in crude and used oil markets. Titan is making progress with its market diversification strategy, completing two successful pilot trials in the Refined Fuels market. Despite increased product research and development expenses, the company's net loss decreased to $218,462 in Q3 2024, compared to $412,271 in Q3 2023. Operating EBITDA improved to $410,344 in Q3 2024 from $168,663 in the same period last year.
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