Plurilock Security (PLUR) Corporate presentation summary

Financial performance and growth

• Revenue grew from $0.5M in 2020 to $59M in 2024, with gross profit rising from $0.4M to $7.7M in the same period.

• Critical Services segment achieved a 95% five-year CAGR and 30% margins, now representing 17.5% of total revenue in Q3 2025.

• Q3 2025 revenue reached $15.4M, up 8% year-over-year, with gross profit improving 38% to $1.4M.

• Adjusted EBITDA loss improved by 11.5% year-over-year to ($1.6M) in Q3 2025.

• Strategic actions included a $3M investment, $3.6M OPEX reduction, and divestment of a $1.8M non-core asset.

Market positioning and customer base

• Serves over 400 enterprise and public sector clients, including Global 2000 firms and NATO-aligned agencies.

• 90% of revenue comes from U.S. federal customers, with strong relationships in defense and intelligence sectors.

• Trusted by major U.S. and Canadian government agencies, including the U.S. Army, Navy, DHS, and Canadian DND.

• Partnerships with tier-1 defense integrators and multinational defense primes support expansion.

• Cleared and qualified for secure government environments, with recent multi-million dollar federal contracts.

Strategic focus and services

• Focused on cybersecurity and defense tech, offering security assessments, cyber hardening, zero trust, and compliance.

• Accelerating shift to services-first model, with services revenue more than doubling year-over-year by YTD Q3 2025.

• Margin expansion driven by services growth and software-focused resell strategy.

• Dedicated defense capture team and active pursuit of new federal contract vehicles.

• Proprietary AI-native IP and integration of cybersecurity with frontier technologies like quantum and robotics.