on Plaintree Systems Inc. (CVE:NPT)
Plaintree Systems Inc. Reports Q1 Fiscal 2026 Results
Plaintree Systems Inc. has released its unaudited interim financial statements for the first quarter of fiscal 2026, ending June 30, 2025. The company reported revenues of $6,214,445, a decrease from $7,282,445 for the same period in fiscal 2025. Net income stood at $1,002,538, down from $1,126,078 a year earlier.
CEO David Watson noted challenges due to recertification and tariff issues affecting Elmira shipments over the past six months. However, he expects recertification approvals soon, which would enable Elmira to address its backlog. Further details on Plaintree's financials are available on SEDAR and the company's website.
R. H.
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