TITAN LOGIX CORP - TPCFF STOCK NEWS

Titan Logix Corp. reports positive revenue growth in Q2 fiscal 2024, driven by increased demand for core products. However, gross margin decreased due to rising input costs. Net earnings improved in Q2 but declined over six months due to R&D expenses and non-cash fair value losses. Operating EBITDA improved in Q2 but decreased over six months. The company focuses on diversification and product development, with a commitment to new market segments and software solutions. Financial highlights show revenue growth, gross profit, and net earnings fluctuations. The company's financial position remains stable with working capital and total assets slightly decreasing, long-term liabilities stable, and total equity slightly decreasing. Non-IFRS measures are used to provide insight into the company's strategic plan for mobile liquid markets.

Titan Logix Corp. (TPCFF) releases materials from Annual General Meeting, detailing strategic growth plan and financial updates.

Titan Logix Corp. announced the election of four nominees as directors at its annual general meeting of shareholders, with a total of 11,938,374 common shares represented. The detailed voting results showed high percentages of votes for each nominee. The matters submitted to the shareholders for approval were also approved, and subsequent to the meeting, the newly-elected board of directors appointed Grant Reeves as Chairman of the Board and formed the Audit Committee and Executive Compensation and Corporate Governance Committee.

Titan Logix Corp. announces its Q1 fiscal 2024 results, reporting a 1% increase in revenues, a 7% decrease in gross profit, and a net loss of $404,169. The company attributes the decrease in gross profit to inflationary price increases in components and an increase in product research and development expenses. The company continues to diversify and expand into new markets, with a focus on mobile liquid markets outside the traditional crude and used oil segments. Despite the net loss, the core business reported Operating EBITDA of $205,880, and the company remains optimistic about its strategic growth plan.

Titan Logix Corp. (TLA) grants 200,000 incentive stock options to its Chief Financial Officer at an exercise price of $0.50 per share, expiring within 5 years with vesting over a period from 1 year to 4 years based on performance metrics and share price targets.

Titan Logix Corp. (TSXV: TLA) announces its financial results for the twelve and three month periods ended August 31, 2023. The company reported a 44% increase in revenues for fiscal 2023, reaching $6,214,348, and a 29% improvement in gross profit to $3,083,652. However, total expenses also increased by 24% to $3,248,939. The company's net earnings for fiscal 2023 amounted to $82,934, a reduction from the previous year due to an unrealized loss on investments. CEO Nick Forbes expressed confidence in the company's long-term growth strategy.