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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

Post by MarketMaestroon May 29, 2023 8:29am
134 Views
Post# 35468447

Results

Results
Positive operating cash flow, margin expansion, and transparency regarding progress.
Total quarterly revenue was over $15 million, with software sales revenue at 2.7 million.
now represents 17% of their overall revenue, and margins have doubled.
Margin significantly improved, but everything else was as expected.
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