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Pioneering Technology Corp. Announces Q3 2025 Financial Results
August 29, 2025 — Leads & Copy — Pioneering Technology Corp. (TSXV: PTE) reported its unaudited financial results for the three and nine months ended June 30, 2025. Revenue in Q3 was $841,403 versus $890,214 for the same period in fiscal 2024. Revenue for the first nine months of fiscal 2025 was $1,962,036 versus $2,067,475 for the same period in fiscal 2024.
Gross margin for the first nine months of fiscal 2025 was 52% as compared to 50% for the same period in fiscal 2024. Expenses during the first nine months of fiscal 2025 decreased to $1,365,376 versus $1,674,157 for the same period in fiscal 2024. Net loss for Q3 was $(86,927) an improvement versus a loss of $(131,640) in Q3 2024. Net loss for the nine-months was $(374,344) versus a loss of ($691,841) a year ago and EBITDA increased to $(266,601) versus $(518,773) during the same period last year.
The Company had current assets of approximately $1.9 million as at June 30, 2024. Pioneering CEO Kevin Callahan said the Company’s revenue was roughly flat in Q3 versus the same period a year ago, while gross profit has improved. The Company continues to do a good job of keeping costs under control.
Pioneering Technology Corp. is North America's leader in cooking fire prevention technologies and products. Pioneering’s temperature limiting control (TLC) technology is now installed in over 450,000 multi-residential housing units across North America without a single cooking fire.
For more information, contact Kevin Callahan, CEO, at 647-945-7515 or kcallahan@pioneeringtech.com.
Source: Pioneering Technology Corp