Edmonton, Alberta — August 26, 2025 — Leads & Copy — TrustBIX Inc. reported its financial results for the third quarter ended June 30, 2025, along with the related Management’s Discussion and Analysis (MD&A), according to a press release issued August 25, 2025.
The company continued to manage operating costs and allocate resources to new business opportunities with its Alberta Food Security business. Key financial results include:
For the three months ended June 30, 2025:
- Net loss and comprehensive loss of $255,984, up $246,211 from $9,773 in 2024.
- Cash provided by operating activities of $31,780, improved $13,142 (70.5%) from $18,638 in 2024.
- Revenue of $324,545, down $223,224 (40.8%) from $547,769 in 2024.
- Operating expenses of $547,111, up $20,679 (3.9%) from $526,432 in 2024.
For the nine months ended June 30, 2025:
- Net loss and comprehensive loss of $493,628, up $21,920 from $471,708 in 2024.
- Cash used in operating activities of $24,236, improved $50,551 (67.6%) from $74,787 in 2024.
- Revenue of $1,021,778, down $163,951 (13.8%) from $1,185,729 in 2024.
- Operating expenses of $1,431,056, improved $134,611 (8.6%) from $1,565,667 in 2024.
Hubert Lau, TrustBIX CEO, noted progress in managing operating costs and advancing business opportunities. Initial deliveries for 2024 orders began in June 2025, with the first installation expected by September 2025.
The financial results and MD&A are available on SEDAR+ at www.sedarplus.ca.
Contact: Mr. Hubert Lau, President and CEO, Telephone: (780) 456-2207, Email: info@trustbix.com
Source: TrustBIX Inc.
