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Urban Infrastructure Group Inc ( (TSE:UIG) ) has issued an announcement.
Urban Infrastructure Group Inc. reported a significant increase in revenue for Q3 2025, reaching $1.5 million compared to $662,000 in the same quarter of the previous year. Despite a net loss of $527,955, the company has managed to reduce its losses compared to the previous year, thanks to cost control measures and reduced operating expenses. The company also secured a new contract valued at approximately $2 million, which is expected to bolster its financial standing and operational capacity. This move, along with the exercise of options by an independent director, is anticipated to strengthen the company’s working capital, positioning it favorably in the challenging home construction market.
More about Urban Infrastructure Group Inc
Urban Infrastructure Group Inc. is a leading concrete and drainage infrastructure construction group engaged in the earliest stage of the construction process, known as Stage One. The company specializes in large-scale, master-planned residential communities and partners with significant residential development projects in Ontario.
Average Trading Volume: 47,901
Technical Sentiment Signal: Sell
Current Market Cap: C$3.16M
For detailed information about UIG stock, go to TipRanks’ Stock Analysis page.