Really optimistic first-quarter earnings were reported by Plurilock (TSXV: PLUR) yesterday.
Total revenue for the quarter was $6,953,896, marking an astronomical YOY increase from $75,761 in FQ1 2021.
Hardware and systems sales revenues for the three months ended March 31, 2022, accounted for 93.4% of total revenues. The gross margin for the quarter was 6.6%, and operating expenses saw a steep increase. However, this is pretty typical for a company entering into its main growth phase.
All the details are in the report here so give it a run down if you’re looking for more info.
$PLUR.v currently trading @ $.205, valued @ $14.66 million.
https://ceo.ca/@newsfile/plurilock-security-inc-reports-first-quarter-fiscal