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Titan Logix Corp. Reports Voting Results of Election of Directors
TMX Newsfile· 2026-01-22 23:49
Edmonton, Alberta--(Newsfile Corp. - January 22, 2026) - Titan Logix Corp. (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in mobile liquid measurement solutions, announced today that at its annual general meeting of shareholders held on January 22, 2026 (the "AGM"), each of the six nominees proposed as directors were elected as directors. A total of 13,982,949 common shares, representing 51.12% of the votes attached to all outstanding shares as at the record date for the meeting, ...
Titan Logix Corp. Reports Q1 Fiscal 2026 Financial Results
TMX Newsfile· 2026-01-21 22:05
(In $000's of Canadian dollars except for shares and per share amounts)Edmonton, Alberta--(Newsfile Corp. - January 21, 2026) - Titan Logix Corp., (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in mobile liquid measurement solutions, announces its first quarter results for the three-month period ended November 30, 2025. "We are excited to announce an integration partnership with a leading provider of custody transfer meters in the refined fuels market," says Nick Forbes, CEO at T ...
Titan Logix Corp. Reports Fiscal 2025 Financial Results
Newsfile· 2025-11-27 22:53
Core Insights - Titan Logix Corp. announced its interim results for the three- and twelve-month periods ended August 31, 2025, highlighting a slight revenue decrease and a net loss for the fiscal year [1][6]. Financial Performance - Revenues for fiscal 2025 decreased by $103 thousand or 2% to $6,754 thousand compared to $6,857 thousand in fiscal 2024 [6][7]. - Gross profit decreased by $359 thousand to $3,104 thousand, representing 46% of revenue in fiscal 2025, down from 51% in fiscal 2024 [6][7]. - Operating EBITDA reported at $929 thousand for fiscal 2025, down from $1,148 thousand in fiscal 2024 [6][7]. - The company incurred a net loss of $436 thousand in fiscal 2025, a decrease of $982 thousand compared to net income of $546 thousand in fiscal 2024 [6][7]. - Basic and diluted loss per share was $0.02 in fiscal 2025, compared to earnings per share of $0.02 in fiscal 2024 [6][7]. Product Development and Market Strategy - The company launched a new product line for the refined petroleum market, aiming to diversify its business into new liquid verticals beyond crude oil [2][3]. - Titan's new product line is expected to enhance sales through Dealer & OEM channels, leveraging their expertise across North America [3]. - The launch of connected apps, Titan Install and Titan Portal, has reduced installation complexity and improved product reliability [4][5]. - The company plans to shift focus from R&D investments to market penetration and adoption in the new fiscal year [5]. Share Repurchase Program - Titan implemented a Normal Course Issuer Bid (NCIB) in April 2025 to repurchase and cancel up to 1,759,649 common shares, representing approximately 10% of the public float [6]. - As of August 31, 2025, the company repurchased and cancelled 970,000 common shares at an average price of $0.76 per share [6]. Company Overview - Titan Logix Corp. specializes in mobile liquid measurement solutions and has been a market leader for over 25 years [12]. - The company serves various industries, including petroleum, environmental solutions, chemical, and agriculture [12].