Pioneering Technology Reports Fiscal Year 2025 Financial Results

About this update from Pioneering Technology Corp.

Pioneering Technology Reports Fiscal Year 2025 Financial Results (TheNewswire) Mississauga, ON (January 28, 2026) – TheNewswire - Pioneering Technology Corp. (TSXV: PTE) (“Pioneering” or the “Company”), a technology company and North America’s leader in cooking fire prevention technology and products reports its audited 2025 financial results for the year ended September 30, 2025. Pioneering’s audited annual financial statements and MD&A are available on SEDAR+ (www.sedarplus.ca) Financial Highlights: Revenuein fiscal year 2025 was $2,602,979 versus$2,742,504 in fiscal 2024, a decrease of 5%.  Revenue for the three months ended September 30th was  $640,943 versus $675,029 in 2024.   Gross margin remained strong at 50% in fiscal 2025 as compared to 49% in fiscal 2024.   Expenses in fiscal 2025 were $1,908,510, a decrease of 16% or $350,473 versus the same period last year. This decrease ($350,473) was driven by two things:  sales and marketing costs decreased 25% to $734,522 in 2025 from $980,135 the prior year. The Company focused solely on those activities that were expected to contribute directly to future sales and business development growth, and  foreign exchange gain of $112,831 in fiscal 2025, an increase of $126,660 from the loss of $(13,829) in fiscal 2024.  Loss for the year decreased 33% ($634,428) in 2025 vs.alossof($952,556) in fiscal 2024.  Loss of $0.01 per share in fiscal 2025, compared to a loss of $0.02 per share in fiscal 2024.   The Company has current assets of $2.1 million and $900K in working capital.   Selected Financial Results – Past Four Fiscal Years Ended September 30:     FY2025 (audited) FY2024 (audited) FY2023 (audited) FY2022 (audited) Revenue 2,602,979 2,742,504 2,872,013 2,437,866 Gross Profit 1,308,551 1,339,037 1,339,320 1,218,387 Expenses 1,908,510 2,258,983 1,982,744 1,761,070 Net Loss (634,428) (952,556) (671,813) (625,233) EPS Basic (Loss) (0.01) (0.02) (0.01) (0.01) Adjusted EBITDA¹ (471,052) (716,836) (537,407) (273,913)  ¹ Adjusted EBITDA are non-IFRS measures and may not be comparable to similar financial measures   disclosed by other issuers. Please refer to “Non-IFRS Measures” at end of this press release. Pioneering CEO Kevin Callahan said of the results, &#...

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