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Earnings

TrustBIX Inc. Announces December 31, 2025 First Quarter Financial Results

TBIX · Price

Executive Summary

  • TrustBIX reported Q1 2025 financial results (three months ended Dec 31, 2025) showing a net loss of $104,214, an improvement of 36.3% versus the prior year quarter.
  • Operating expenses fell to $101,411, down 23.3% YoY, and cash used in operating activities decreased to $20,572, a 53.0% reduction.
  • The ViewTrak Technologies segment was re‑classified as discontinued; discontinued operations generated net income of $166,555 versus a loss of $22,754 in the prior year quarter.

Key Details

  • Net loss (continuing operations): $104,214 (down $59,265 YoY).
  • Operating expenses: $101,411 (down $30,783 YoY).
  • Cash used in operating activities: $20,572 (down $23,230 YoY).
  • Discontinued operation – ViewTrak Technologies: Net income of $166,555 vs. loss of $22,754 in Q1 2025.
  • Management commentary: CEO Hubert Lau highlighted cost‑control initiatives and referenced Letters of Intent dated Feb 10 2026 and Feb 24 2026 to support growth of the Alberta Food Security business.
  • Reporting: Full financial statements and MD&A filed on SEDAR+ (www.sedarplus.ca).

Notable Quotes

“TrustBIX continues to make changes including focusing on controlling costs and strengthening our operations. The recently announced Letters of Intent … mark an important step in supporting our Alberta Food Security Inc. business… and are expected to help drive future growth,” – Hubert Lau, President & CEO.

Read the original news release →

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