Titan Logix (TLA) Q2 2025 earnings summary

Executive summary

• YTD revenue rose 12% to $3,656,000 and net income improved to $196,000; Q2 revenue fell 15% and net income turned to a $51,000 loss.

• Commercial launches of Titan Install and Titan Portal marked a digital strategy milestone; a new refined-petroleum hardware platform is planned by fiscal year-end.

Financial highlights

• YTD revenue was $3,656,000 vs. $3,265,000; Q2 revenue was $1,496,000 vs. $1,751,000.

• YTD gross profit was $1,927,000 vs. $1,603,000; Q2 gross profit was $724,000 vs. $823,000.

• YTD net income was $196,000 vs. a $160,000 loss; Q2 net loss was $51,000 vs. net income of $244,000.

• YTD EBITDA was $254,000 vs. a $32,000 loss; Q2 EBITDA was a $77,000 loss vs. EBITDA of $28,000.

Outlook and guidance

• New hardware platform, based on modified TD-series technology, is on track for launch by fiscal year-end; CSA certification is expected next fiscal quarter.

• Product development targets refined-petroleum fleet needs, including overfill protection, safer loading, and connected-product capabilities.