tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TrustBIX Narrows Costs but Swings to Deeper Loss as It Exits Legacy Products

Story Highlights
  • TrustBIX posted a larger annual loss as revenue fell and it exited legacy software lines.
  • The company is cutting costs and reallocating resources to its Alberta Food Security and higher-growth agri-food tech segments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TrustBIX Narrows Costs but Swings to Deeper Loss as It Exits Legacy Products

Claim 50% Off TipRanks Premium

TrustBix ( (TSE:TBIX) ) has shared an announcement.

TrustBIX Inc. reported a net loss of $1.06 million for the year ended September 30, 2025, a 49.2% increase from the prior year, as it redirected resources toward expanding its Alberta Food Security business. While operating expenses were reduced by 10.8% to $1.93 million, revenue declined 15.6% to $1.33 million, reflecting the company’s decision to discontinue its Market Master and Auction Master Pro lines under the ViewTrak business and support customers through the transition. Management framed these moves as a strategic realignment to focus capital and operational attention on higher-growth, long-term potential segments, a shift that may pressure near-term financial performance but is intended to strengthen TrustBIX’s position in agri-food technology and sustainability-focused markets.

Spark’s Take on TSE:TBIX Stock

According to Spark, TipRanks’ AI Analyst, TSE:TBIX is a Neutral.

TrustBix, Inc. is currently facing significant financial and operational challenges, as reflected in its financial performance score. The technical analysis indicates a bearish trend, and the valuation metrics are unattractive due to ongoing losses and lack of dividend yield. These factors collectively contribute to a low overall stock score, highlighting the need for the company to address its financial instability and improve operational efficiency.

To see Spark’s full report on TSE:TBIX stock, click here.

More about TrustBix

TrustBIX Inc. is an agricultural technology company that provides Gate to Plate® solutions aimed at improving trust, reducing waste and rewarding sustainable practices across the agri-food supply chain. Its award-winning technologies are used by local and international agri-food organizations, with a growing focus on food security initiatives in Alberta.

Average Trading Volume: 33,640

Technical Sentiment Signal: Sell

Current Market Cap: C$2.46M

For a thorough assessment of TBIX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1