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The latest announcement is out from Titan Logix ( (TSE:TLA) ).
Titan Logix Corp. reported strong financial results for the first quarter of fiscal 2025, with a 43% increase in revenue compared to the same period last year. This growth is attributed to a successful fleet conversion following pilot trials and an increase in pilot trial customers across multiple market segments. Despite a slower start in their CORE business due to a backlog of tanker builds, Titan remains optimistic about future demand in the bulk liquid transport market. The company is strategically investing in new market segments and developing value-added products and software solutions, while also achieving a notable increase in net income and gross profit.
More about Titan Logix
Titan Logix Corp. is a technology company that specializes in mobile liquid measurement solutions. It focuses on providing services to various market segments including Refined Fuels, Crude Oil, and Chemicals.
YTD Price Performance: -6.76%
Average Trading Volume: 23,001
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$19.69M
Learn more about TLA stock on TipRanks’ Stock Analysis page.