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Bullboard - Stock Discussion Forum 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... see more

TSXV:PLUR - Post Discussion

Plurilock Security Inc > Crummy results
View:
Post by lscfa on Nov 26, 2021 5:48pm

Crummy results

3.7% gross margin. The steady stream of contract announcements were for low margin equipment sales.
Comment by Hope4Best779 on Nov 27, 2021 4:03pm
Results were as expected. Margins from aurora products have always been known to be low. Plur is using aurora network to sell higher margin defend. Will take time to break into US goverment with their countinuos authentication cyber security product.
Comment by lscfa on Nov 27, 2021 8:47pm
Aurora results no better than prior years. No growth.....             
Comment by Hope4Best779 on Nov 28, 2021 1:14pm
Yes no growth. It wasn't purchased to grow but to build a network/relationship within the US government. then use that network to sell the higher margin defend products. It won't happen overnight.
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