Business
Jiva Technologies Reports Significant Year-Over-Year Improvement in Financial Results, Showcasing Stronger Operating Efficiencies and Strategic Growth
Jiva Technologies Inc. (CSE: JIVA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("JIVA" or the "Company"), a leader in building niche online wellness communities and creating immersive physical environments, today announced the filing of its consolidated financial statements for the years ended March 31, 2025 and 2024, prepared in accordance with International Financial Reporting Standards ("IFRS"). Unless otherwise noted, all currency amounts are in Canadian dollars. At the same time, the Company filed its
About this update from Jiva Technologies Inc.
[{"type":"text","content":"VANCOUVER, BC, Sept. 11, 2025 /PRNewswire/ -- Jiva Technologies Inc. (CSE: JIVA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("JIVA" or the "Company"), a leader in building niche online wellness communities and creating immersive physical environments, today announced the filing of its consolidated financial statements for the years ended March 31, 2025 and 2024, prepared in accordance with International Financial Reporting Standards ("IFRS"). Unless otherwise noted, all currency amounts are in Canadian dollars. At the same time, the Company filed its Q1 results.","length":588,"tagName":"p"},{"type":"image","alt":"Jiva Technologies Logo (PRNewsfoto/Jiva Technologies)","displaySize":"","headline":null,"caption":"Jiva Technologies Logo (PRNewsfoto/Jiva Technologies)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":247,"url":"https://media.zenfs.com/en/prnewswire.com/46437aca4f7acb749207c8b75a333d4c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/f_McxfzxQWVlD18qKnnrJA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQzNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/46437aca4f7acb749207c8b75a333d4c","width":400,"height":247}},"href":"https://mma.prnewswire.com/media/2554030/Jiva_Technologies_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Strong Financial Improvement","length":28,"tagName":"p"},{"type":"text","content":"For the year ended March 31, 2025, JIVA reported revenue of $4,600,991 and a significantly reduced net loss of $(651,981), compared to a net loss of $(3,303,242) in the prior year. Loss per share narrowed to $(0.45), a meaningful improvement from $(3.99) in fiscal 2024.","length":270,"tagName":"p"},{"type":"text","content":"This performance reflects JIVA's disciplined approach to cost management and operational efficiency. The Company achieved substantial reductions in advertising, consulting, salaries, and general administrative expenses, while strategically reallocating resources toward sustainable growth initiatives.","length":305,"tagName":"p"},{"type":"text","content":"Highlights of Fiscal 2025","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Expenses streamlined: Advertising and promotion decreased by 84% compared to 2024, with a shift to more cost-efficient marketing channels. Consulting,...