PLURILOCK SEC INC - PLCKF STOCK NEWS

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Plurilock Security Inc. (PLCKF) is an identity-centric cybersecurity solution provider for workforces, offering advanced cybersecurity services to organizations. The company's new division, Plurilock Critical Services, focuses on enhancing security for multinational companies facing geopolitical risks. With a strong focus on digital transformation, cyber engineering, cyber operations, and advisory services, Plurilock aims to provide world-class professional services to clients, primarily government, and commercial customers.

04/29/2024 08:41 PM

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Plurilock Security Inc. Reports Fiscal 2023 Financial Results

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Plurilock Security Inc. reports fiscal 2023 financial results, showing total revenue of $70.4 million, a 9% increase year-over-year. Gross margins improved to 8.3% from 7.7%. The Company focused on cash flow breakeven by expanding Plurilock Critical Services, achieving cost savings of $494k. Annual highlights include significant contracts with government agencies and commercial clients. The growth outlook for 2024 includes further operational efficiencies and savings of $2.0 million annually. Plurilock made strategic appointments to the board and announced plans for a share consolidation and financing to raise $4,500,000.

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04/26/2024 06:21 PM

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Plurilock Announces Closing of Private Placement Financings of $5.5M

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Plurilock Security Inc. (TSXV: PLUR) has successfully closed private placement financings totaling $5.5 million, issuing 22,500,000 units at $0.20 per unit and 4,444,443 units at $0.225. The funds will support the company's Business Transformation Plan and capital reorganization, focusing on reducing payables, working capital for marketing, and product development.

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04/17/2024 07:00 AM

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Plurilock Announces Effective Date of Share Consolidation

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Plurilock Security Inc. announces the consolidation of its common shares on a 10:1 basis effective April 19, 2024. The total issued and outstanding number of shares post-consolidation will be approximately 10,294,845. Shareholders will receive new share certificates and fractional shares will be adjusted or cancelled.

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02/21/2024 07:00 AM

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Plurilock Launches New Critical Services Offering to Enable Security and Resilience for Multinationals with Geopolitical Exposure

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Plurilock Security Inc. announces the launch of Plurilock Critical Services, a new division aimed at enhancing security and resiliency for multinational companies facing geopolitical and supply chain risks. The division will provide professional services in digital transformation, cyber engineering, cyber operations, and advisory services, leveraging the company's experience with Canadian and United States federal government work.

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01/24/2024 08:00 AM

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Plurilock Receives US$2.5 Million Cybersecurity Sale Order from U.S. Hospital System

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Plurilock Security Inc. announces a $2.5 million three-year sale order from a U.S. hospital system, showcasing the growing importance of cybersecurity in healthcare. The sale expands on previously delivered capabilities and highlights the success of the company's strategy to expand commercially through M&A activity.

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01/03/2024 08:00 AM

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Plurilock Receives US$4.7 Million Sale Order from U.S. Public Library

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Plurilock Security Inc. (PLUR) has secured a US$4.7 million sale order from a U.S. public library, reflecting the company's strategy to broaden revenue share and integrate acquisitions. The company will also issue shares to holders of its convertible debentures in satisfaction of interest payments.

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12/05/2023 08:00 AM

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Plurilock Announces 3-Year Contract Renewal with Canadian Air Transport Security Authority

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Plurilock Security Inc. (PLUR) announces a 3-year renewal of its standing offer contract with the Canadian Air Transport Security Authority, making Integra Networks a provider of computing and technology peripherals for the entire Canadian Crown Corporation responsible for air transport security.

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11/21/2023 05:26 PM

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Plurilock Security Inc. Reports Third Quarter Fiscal 2023 Financial Results

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Plurilock Security Inc. (PLUR) announces a 3% year-over-year increase in total revenue to $48.0 million for the nine-month period ending September 30, 2023. Gross margins also improved to 10.3% during the same period, with high-margin software sales and professional services showing significant growth.

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11/14/2023 08:00 AM

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Plurilock Announces Addition of Plurilock AI to Works With YubiKey Catalog

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Plurilock Security Inc. (PLUR) announces its addition to the Works With YubiKey Catalog by Yubico, offering its AI-driven cybersecurity solutions for workforces. The YubiKey is a leading hard token solution for two-factor authentication, and Plurilock's AI platform can now use YubiKey devices, providing seamless interoperability and enabling two-factor authentication without additional user steps.

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11/13/2023 08:00 AM

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Plurilock Provides Cybersecurity and Disaster Recovery Services to Global Semiconductor Provider

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Plurilock Security Inc. (PLUR) to provide advanced cybersecurity and disaster recovery services to a leading global semiconductor provider to support its risk posture in the international landscape. The company's professional services solutions aim to address the key global resource and risk points in the semiconductor industry.

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FAQ

What is the current stock price of PLURILOCK SEC (PLCKF)?

The current stock price of PLURILOCK SEC (PLCKF) is $0.48505 as of October 15, 2024.

What is the market cap of PLURILOCK SEC (PLCKF)?

The market cap of PLURILOCK SEC (PLCKF) is approximately 30.2M.

What is Plurilock Security Inc. (PLCKF) known for?

Plurilock Security Inc. specializes in providing identity-centric cybersecurity solutions for workforces, focusing on enhancing security and resilience for companies facing geopolitical risks.

What are the core services offered by Plurilock Security Inc. (PLCKF)?

Plurilock offers services in digital transformation, cyber engineering, cyber operations, and advisory and GRC services, providing professional solutions tailored for western democracies.

What sets Plurilock Security Inc. (PLCKF) apart from its competitors?

Plurilock's deep experience in working with Canadian and United States federal governments, combined with its strong focus on critical services and cybersecurity solutions, distinguishes the company in the market.

How can Plurilock Security Inc. (PLCKF) help organizations facing cybersecurity challenges?

Plurilock assists organizations in defending against, detecting, and preventing data breaches and cyber-attacks, offering unique critical services and expertise in security technology.

Who leads Plurilock Security Inc. (PLCKF)?

Ian L. Paterson serves as the Chief Executive Officer of Plurilock Security Inc., leading the company's strategic initiatives and growth in the cybersecurity solutions market.