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Argo Corporation Reports Third Quarter 2025 Financial Results
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Argo Corporation (TSXV: ARGH), (OTCQX: ARGHF) (" ...
About this update from Argo Corporation
[{"type":"text","content":"Argo Corporation Reports Third Quarter 2025 Financial Results\n\n\n\n TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) --\n \n Argo Corporation\n \n (TSXV: ARGH), (OTCQX: ARGHF) (\"\n \n Argo\n \n \" or the \"\n \n Company\n \n \"), a leader in next-generation transit solutions, announced its financial results for the quarter ended September 30, 2025 (“\n \n Q3 2025\n \n ”). All figures are in Canadian dollars unless otherwise noted.\n \n\n In Q3 2025, the Company demonstrated the continued success of its proprietary Smart Routing™ AI-powered transit infrastructure solution for municipalities. This end-to-end platform combines Argo’s X1 electric buses, charging infrastructure, real-time routing software, and full-service operations to deliver dynamic, on-demand transit services.\n \n\n\n\n City of Brampton:\n \n The Company launched service in downtown Brampton in November 2025 under a landmark 12-month $10.9 million agreement. The partnership showcases Argo’s Smart Routing™ system in one of Canada’s fastest-growing cities, complementing a robust existing public transit network. The deployment features seamless connections into fixed high-density Brampton Transit and GO Transit lines.\n \n\n\n Town of Bradford West Gwillimbury (“BWG”):\n \n The Company launched its Smart Routing™ deployment in BWG in April 2025, more than doubling average daily transit ridership in BWG within two months. The Company announced that by September 2025, it had driven a 5.5x increase in monthly transit connections to Bradford GO Station compared to the 12-month baseline preceding the April launch.\n \n\n\n Ontario PRESTO Fare Integration:\n \n The Company entered into an agreement with Metrolinx, an agency of the Government of Ontario, that has enabled PRESTO fare collection devices to be installed and operated on Argo’s X1 electric buses, enabling fares to be fully integrated for transfers to and from existing transit networks including Brampton Transit and GO Transit under Ontario’s\n \n\n One Fare Program\n \n\n .\n \n\n\n Robust Sales Pipeline:\n \n The Company is currently in discussions with numerous municipalities and transit agencies to expand its Smart Routing™ system, with many of those conversations stemming from inbound inquiries following the successful dep...