Core Viewpoint - Plurilock Security Inc. reported significant growth in its Critical Services business, despite a one-time lower-margin order affecting overall margins. The company is well-positioned to capture a meaningful share of the increasing government investment in cybersecurity and defense [2][8]. Financial Highlights - Total revenue for Q2 2025 was CAD 16,404,963, up from CAD 14,305,546 in Q2 2024, representing a year-over-year increase of approximately 14.7% [6][12]. - For the six months ended June 30, 2025, total revenue was CAD 35,445,577, compared to CAD 27,140,854 for the same period in 2024, marking a year-over-year increase of about 30.5% [6][12]. - Critical Services revenue increased by 159% year-over-year [5]. - Adjusted EBITDA loss improved by 42% year-over-year, with losses of CAD (1,400,359) in Q2 2025 compared to CAD (2,422,291) in Q2 2024 [5][12]. Operational Highlights - Professional services revenue for Q2 2025 was CAD 4,268,417, significantly up from CAD 1,646,165 in Q2 2024, indicating a strong growth trajectory in this segment [6][12]. - The company is focusing on higher-margin offerings and maintaining a strong liquidity profile, with cash and cash equivalents of CAD 1,739,643 as of June 30, 2025 [10][12]. - Plurilock is expanding into NATO and Middle Eastern defense markets, leveraging its experience with Canadian and U.S. federal clients [9][10]. Strategic Outlook - The company anticipates benefiting from seasonal budget flows and ongoing strategic initiatives in the second half of 2025 [8]. - Plurilock is building a healthy pipeline across enterprise, defense, and public sector markets, aiming for multi-year, recurring contracts [8][9]. - The company is more selective in pursuing federal sales opportunities, reallocating resources to higher-margin Critical Services and commercial opportunities [10].

Core Points - Plurilock Security Inc. plans to release its Q2 2025 financial results on August 19, 2025, after market close [1] - A live webinar will be hosted by CEO Ian L. Paterson and CFO Scott Meyers on August 20, 2025, at 11am ET to discuss the results and provide updates [2][3] - Plurilock is a cybersecurity services provider that focuses on high-stakes environments, serving clients including Five-Eyes governments and NATO-aligned agencies [4] Financial Results Webinar Details - The webinar is scheduled for August 20, 2025, at 11am ET / 8am PT [3] - A recording and supporting materials will be available on the investor relations page of the company's website [3] Company Overview - Plurilock is an AI-native cybersecurity company that addresses complex cyber challenges [4] - The company emphasizes operational resilience through proprietary IP and AI-driven playbooks [4]