Jemtec Inc. Reports Strong Q2 Financial Performance with Increased Revenues and Net Income

Jemtec Inc ( (TSE:JTC) ) just unveiled an update.

Jemtec Inc. reported an 8% increase in revenues for the fiscal quarter ending January 31, 2025, primarily due to its expansion in Saskatchewan. The company achieved a net income of $42,299, a significant rise from the previous year, driven by reduced expenses and strategic contract management. Jemtec maintains strong liquidity with cash and cash equivalents totaling $2,495,285, positioning itself for future growth in its core business.

More about Jemtec Inc

Jemtec Inc. operates in the monitoring technologies and services industry, providing solutions to provincial and federal correctional and border services across Canada since 1987. The company is known for offering advanced technological solutions and support in demanding environments.

YTD Price Performance: -14.85%

Average Trading Volume: 5,791

Technical Sentiment Signal: Hold

Current Market Cap: C$2.4M

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