- YTD revenues stable at C$5.15 million, with a modest decline of 1% year-over-year.
- Q3 2025 revenue dropped 23% to C$1.49 million, impacting gross margin, which fell to 48%.
- YTD Operating EBITDA climbed 22% to C$968,000, despite a net loss of C$225,000.
Titan Logix Corp. (TLA), a leader in mobile liquid measurement solutions, has reported its financial results for the third and year-to-date (YTD) fiscal quarters of 2025. The company's performance showed mixed results, with total YTD revenues remaining steady at C$5.15 million, a slight 1% decrease compared to the previous year.
In the third fiscal quarter, Titan Logix experienced a significant 23% decline in revenues, totaling C$1.49 million, influenced by uncertainties and tariff threats within the US market. This decline contributed to a reduced gross margin, which fell to 48% in Q3, down from 52% in the same period last year. The company's Operating EBITDA decreased by 80% in the third quarter to C$83,000.
Despite the quarterly setbacks, Titan Logix reported positive developments in its year-to-date performance. The company achieved an improved gross profit margin of 51%, attributable to decreased manufacturing input costs and a robust US dollar. Operating EBITDA for the YTD increased by 22% to C$968,000. The net loss improved to C$225,000, a favorable shift from last year's C$378,000 loss.
Titan Logix marked significant milestones, including securing CSA certification for its new FINCH display. Progress towards field trials of a new product line tailored for the refined petroleum market is underway, regarded as crucial for expanding into new markets with advanced, proven technologies.
As of May 31, 2025, Titan Logix's financial position remains strong with a working capital of C$15.35 million, total assets amounting to C$18.60 million, and total equity of C$17.17 million. Further investment in product research and development, reflected in an increase of C$201,000, underscores Titan's commitment to innovation and market diversification.
