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Pioneering Technology Reports Fiscal Year 2025 Financial Results
(TheNewswire) Mississauga, ON (January 28, 2026) – TheNewswire - Pioneeri...
About this update from Pioneering Technology Corp.
[{"type":"text","content":"Pioneering Technology Reports Fiscal Year 2025 Financial Results\n(TheNewswire)\n\n\n\n\n\nMississauga, ON (January 28, 2026)\n– TheNewswire -\nPioneering Technology Corp. (TSXV: PTE)\n(“Pioneering” or the “Company”), a technology company and North\nAmerica’s leader in cooking fire prevention technology and\nproducts reports its audited 2025\nfinancial results\nfor the year ended September 30, 2025.\nPioneering’s audited annual financial statements and\nMD&A are available on SEDAR+ (www.sedarplus.ca)\n\n\nFinancial Highlights:\n\n\n\n\nRevenuein fiscal year 2025 was $2,602,979\nversus$2,742,504 in fiscal 2024, a decrease of 5%. \n\n\n\nRevenue for the three months ended September 30th was  $640,943 versus\n$675,029 in 2024.  \n\n\n\nGross margin remained strong at 50% in fiscal 2025 as compared to 49%\nin fiscal 2024.  \n\n\n\nExpenses in fiscal 2025 were $1,908,510, a decrease of\n16% or $350,473 versus the same period last year. This decrease\n($350,473) was driven by two things: \n\n\n\n\nsales and marketing costs decreased 25% to $734,522 in 2025 from\n$980,135 the prior year. The Company focused solely on those\nactivities that were expected to contribute directly to future sales\nand business development growth, and \n\n\n\nforeign exchange gain of $112,831 in fiscal 2025, an increase of\n$126,660 from the loss of $(13,829) in fiscal 2024. \n\n\n\n\n\nLoss for the year decreased 33% ($634,428) in 2025\nvs.alossof($952,556) in fiscal 2024. \n\n\n\nLoss of $0.01 per share in fiscal 2025, compared to a loss of $0.02\nper share in fiscal 2024.  \n\n\n\nThe Company has current assets of $2.1 million and $900K in working\ncapital.  \n\n\n\n\n\n\n\nSelected Financial Results – Past\nFour Fiscal Years Ended September 30: \n\n\n\n\n \n\n\n\n\n \n\n\nFY2025\n\n\n(audited)\n\n\n\n\nFY2024\n\n\n(audited)\n\n\n\n\nFY2023\n\n\n(audited)\n\n\n\n\nFY2022\n\n\n(audited)\n\n\n\n\nRevenue\n\n\n\n\n2,602,979\n\n\n\n\n2,742,504\n\n\n\n\n2,872,013\n\n\n\n\n2,437,866\n\n\n\n\nGross Profit\n\n\n\n\n1,308,551\n\n\n\n\n1,339,037\n\n\n\n\n1,339,320\n\n\n\n\n1,218,387\n\n\n\n\nExpenses\n\n\n\n\n1,908,510\n\n\n\n\n2,258,983\n\n\n\n\n1,982,744\n\n\n\n\n1,761,070\n\n\n\n\nNet Loss \n\n\n\n\n(634,428)\n\n\n\n\n(952,556)\n\n\n\n\n(671,81...