Plurilock Security Inc V.PLUR

Alternate Symbol(s): PLCKF

Plurilock Security Inc. is a Canada-based identity-centric cybersecurity company. The Company secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide. The Company operates through two operating divisions: the Technology Division and the Solutions Division. The Technology Division operates under the Plurilock brand, builds and operates its own proprietary product (DEFEND), as well as the acquired product (CloudCodes). The Technology Division is operated by PSI, PL, PLUS and PSP. The Company's corporate overhead expenses associated with PSI are allocated to the Technology Division. The Solutions division is separately operated by ASC and INC. The Solutions division offers services, cybersecurity industry products and technologies other than its own proprietary products (DEFEND).

TSXV:PLUR - Post by User

Plurilock Security Inc > $PLUR.v Announces HUGE F2021 Financial Results

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Comment by juniper88on May 04, 2022 2:12pm

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Post# 34655773

RE:$PLUR.v Announces HUGE F2021 Financial Results

PE (Price/Earnings) Ratio is based on Earnings not Revenue. As for Earnings the company lost almost $6.3 million in the last fiscal year. So, the PE ratio says nothing about whether or not the company is undervalued. The margin on what the company sells right now is low, causing the company to lose money even when revenues look very good.

I do believe the company has good potential, hopefully it can start selling some of the higher margin products.

partystocker wrote:

Plurilock is currently valued at $18.59 million, trading at $.26. However, the company ended fiscal 2021 with total annual revenue of approximately $36.6 MILLION. This makes Plurilock’s current PE ratio extremely unbalanced and marks the company as highly undervalued IMO.