JIVA Technologies Reports Improved Financial Performance and Continued Strategic Execution for Nine Months Ended December 31, 2025

Rhea-AI Summary

JIVA Technologies (OTC: PLTXF) filed condensed interim consolidated financial statements and MD&A for the nine months ended December 31, 2025.

Key figures: revenue $3,255,763 (prior $3,651,671), net loss $387,617 (prior loss $1,980,741), loss per share $0.10 (prior $1.95), cash $264,223, and a working capital deficit $13,076,342. The company cites cost control and operational restructuring and reported 10,416,426 common shares outstanding.

Positive

• Net loss narrowed to $387,617
• Loss per share improved to $0.10
• Company cites reduced advertising, consulting, G&A, and salary expenses

Negative

• Revenue declined by 10.8% to $3,255,763
• Working capital deficit of $13,076,342
• Cash balance of only $264,223

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - JIVA Technologies Inc. (CSE: JIVA) (FSE: WNT0) (OTC Pink: PLTXF) ("JIVA" or the "Company"), announces that it has filed its condensed interim consolidated financial statements and management's discussion and analysis ("MD&A") for the nine months ended December 31, 2025 (the "Financial Statements").

For the nine-month period ended December 31, 2025, the Company generated revenue of $3,255,763, compared to $3,651,671 in the prior year period. Net loss for the period was $387,617, compared to a net loss of $1,980,741 for the nine months ended December 31, 2024. Loss per share was $0.10, compared to $1.95 in the prior year period.

The improvement in net loss reflects management's continued focus on cost control and operational restructuring. Advertising, consulting, general and administrative, and salary expenses were reduced compared to the same period in the prior year as the Company streamlined its organizational structure and optimized resource allocation.

As at December 31, 2025, the Company had cash of $264,223 and a working capital deficit of $13,076,342. The Company continues to focus on operational efficiency while advancing its technology-enabled e-commerce initiatives.

As of December 31, 2025, the Company had 10,416,426 common shares issued and outstanding.

The Financial Statements and related MD&A are available under the Company's profile on SEDAR+ at www.sedarplus.ca. Readers are encouraged to review those filings in their entirety for a complete understanding of the Company's financial condition and results of operations.

About JIVA Technologies

JIVA Technologies is dedicated to building niche online wellness communities and creating immersive physical environments. With a proven track record in e-commerce marketplaces, bolstered by expert UI/UX design and SEO, JIVA now focuses on joint ventures to support wellness brands in developing their online presence. The company owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy, as well as The Locavore Bar and Grill, a vibrant dining and gathering destination in Squamish, BC. Recently, JIVA became a shareholder in VEG House, a leader in the plant-based space, through a share exchange agreement. Committed to e-commerce, marketing, and wellness, JIVA's mission is to cultivate online communities of like-minded consumers through education and collaboration. The company is actively pursuing joint ventures, such as the recently announced partnership with LIV3 for SugarShield, to empower wellness brands online by building their websites and managing all digital marketing.

Contact

Lorne Rapkin
Chief Executive Officer
(416) 419-1415

Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may," "will," "expect," "likely", "should," "would," "plan," "anticipate," "intend," "potential," "proposed," "estimate," "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements regarding the availability of Future Farm products, JIVA promotional events and the business and strategic plans of the Company.

By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: receiving sufficient demand for the Offering; the Company's ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; the conflict in eastern Europe; having a limited operating history; the ability of the Company to access capital to meet future financing needs; the Company's reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.

Additional risk factors can also be found in the Company's continuous disclosure documents, which have been filed on SEDAR and can be accessed at www.sedarplus.ca. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained applicable herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286078

FAQ

What were JIVA Technologies' revenue and net loss for the nine months ended December 31, 2025 (PLTXF)?

Revenue was $3,255,763 and net loss was $387,617. According to the company, revenue fell from $3,651,671 the prior year while net loss narrowed markedly versus the prior nine months.

How did JIVA Technologies (PLTXF) reduce its net loss for the nine months ended December 31, 2025?

The net loss narrowed through cost control and operational restructuring. According to the company, advertising, consulting, general and administrative, and salary expenses were reduced versus the prior period.

What is JIVA Technologies' cash position and working capital as of December 31, 2025 (PLTXF)?

The company held $264,223 in cash and reported a $13,076,342 working capital deficit. According to the company, these figures reflect current liquidity and operational funding needs.

How many shares of JIVA Technologies (PLTXF) were outstanding as of December 31, 2025?

There were 10,416,426 common shares issued and outstanding as of December 31, 2025. According to the company, this is the current share count used to calculate per-share metrics.

Where can investors find JIVA Technologies' nine-month financial statements and MD&A for December 31, 2025 (PLTXF)?

The condensed interim consolidated financial statements and related MD&A are available on SEDAR+. According to the company, investors should review those filings for full financial details and disclosures.