Infinitii AI loses $783,289 in fiscal 2025

Executive Summary

• Infinitii AI Inc. reported its annual financial and operational highlights for the fiscal year ended June 30, 2025, showing a 12% increase in revenue and a 21% decrease in total comprehensive loss compared to the previous year.
• The company achieved its 12th consecutive quarter of year-over-year growth, with significant expansion in the U.S. market (10 new customers in Q4) and reinforced leadership in Canada, maintaining over 90% market share in the Greater Toronto and Hamilton Area.
• Strategic product updates included the launch of new mobile and dashboard solutions in September to enhance accessibility and predictive analytics, which were presented at WEFTEC 2025 to positive market reception.

Key Details

• Revenue: Generated $2,688,425 in FY2025, an increase from $2,406,442 in FY2024 (12% growth).
• Net Loss: Total comprehensive loss decreased to $783,289 in FY2025, down from $997,310 in FY2024 (21% decrease).
• Cash Flow: Cash required by operating activities decreased by 20% to $530,725 in FY2025, compared to $661,804 in FY2024.
• Operating Expenses: Held steady at $3,437,827 for FY2025, compared to $3,424,988 in FY2024.
• U.S. Expansion: Welcomed 10 new customers in Q4 across the Midwest, West, and Southern United States.
• Canadian Market: Maintained over 90% market share among wastewater utilities in the Greater Toronto and Hamilton Area (GTHA); secured a second large deployment at the City of Hamilton via competitive bid against AEcom; expanded installations in Toronto; and secured a new contract with the City of Vancouver.
• Product Launches: Launched Infinitii mobile and Infinitii dashboards in September, featuring advanced graphing capabilities and mobile app technology to support senior decision-makers, project managers, and operations staff.
• Market Events: Presented new products at WEFTEC 2025, the largest water utility industry conference in North America.
• Customer Base: Includes major North American water infrastructure utilities such as Seattle, Los Angeles, Miami-D County, Boston, Dallas, Vancouver, Toronto, Hamilton, Region of Peel, and York Region.
• Partners: Collaborates with major engineering service firms and hardware suppliers including AEcom, Core & Main Inc., Kerr Wood Leidal Associates Ltd., K2 Geospatial, SCG Flowmetrix, and TREKK Design Group LLC.

Notable Quotes

• "I'm pleased to announce that Infinitii AI completed FY2025 with our 12th consecutive quarter of year-over-year growth," said Jean Charles Phaneuf, chief executive officer of Infinitii AI.
• "In Canada, we reinforced our leadership position -- maintaining over 90-per-cent market share among wastewater utilities in the Greater Toronto and Hamilton Area (GTHA)... Additionally, we expanded installations in Toronto and secured a new contract with the City of Vancouver."
• "To accelerate future sales growth, we continued to drive innovation throughout the year, introducing new dashboards, advanced graphing capabilities and mobile app technology designed to make Infinitii Flowworks more accessible and actionable for a broader range of stakeholders..."