Trustbix loses $104,214 in Q1

Executive Summary

• Trustbix Inc. reported a net loss of $104,214 for Q1 2025, an improvement of $59,265 (36.3%) versus the same quarter in 2024.
• Operating expenses fell to $101,411, down $30,783 (23.3%) year‑over‑year.
• Cash used in operating activities decreased to $20,572, a reduction of $23,230 (53.0%) from Q1 2024.

Key Details

• Net loss & comprehensive loss (continuing operations): $104,214 for the three months ended Dec. 31, 2025; improvement of $59,265 (‑36.3%) versus Q1 2024.
• Operating expenses: $101,411 for Q1 2025; down $30,783 (‑23.3%) from $132,194 in Q1 2024.
• Cash used in operating activities: $20,572 for Q1 2025; improved by $23,230 (‑53.0%) versus $43,802 in Q1 2024.
• Discontinued operation – ViewTrak Technologies Inc.:
• Net income & comprehensive income from discontinued operations: $166,555 for Q1 2025.
• Compared with a net loss of $22,754 from discontinued operations in Q1 2024.
• Management commentary: CEO Hubert Lau highlighted cost‑control initiatives and referenced letters of intent dated Feb. 10 2026 and Feb. 24 2026 to support the Alberta Food Security Inc. business, aiming to expand capabilities for agricultural customers and drive future growth.
• Filing information: The Q1 2025 financial results and accompanying MD&A have been filed with SEDAR and are publicly available.

Notable Quotes

“Trustbix continues to make changes, including focusing on controlling costs and strengthening our operations. The recently announced letters of intent on Feb. 10, 2026, and Feb. 24, 2026, mark an important step in supporting our Alberta Food Security Inc. business to expand its capabilities in serving agricultural businesses and are expected to help drive future growth,” – Hubert Lau, CEO.