See more : CLASS ACCELERATION CORP C/WTS 3 (CLAS-WT) Income Statement Analysis – Financial Results
Complete financial analysis of Plurilock Security Inc. (PLCKF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Plurilock Security Inc., a leading company in the Software – Infrastructure industry within the Technology sector.
You may be interested
- MFO S.A. (MFO.WA) Income Statement Analysis – Financial Results
- RedBall Acquisition Corp. (RBAC-UN) Income Statement Analysis – Financial Results
- Olympia Financial Group Inc. (OLY.TO) Income Statement Analysis – Financial Results
- Dorel Industries Inc. (DIIBF) Income Statement Analysis – Financial Results
- Aucnet Inc. (3964.T) Income Statement Analysis – Financial Results
Plurilock Security Inc. (PLCKF)
About Plurilock Security Inc.
Plurilock Security Inc. operates an identity-centric cybersecurity company in the United States and Canada. It operates in two divisions, Technology and Solutions. The company offers Plurilock DEFEND, an enterprise continuous authentication platform that confirms user identity or alerts security teams to detected intrusions in real time; and Plurilock ADAPT, a standards-based login MFA platform, which provides added login security without relying on fingerprint scans, SMS codes, authenticator apps, hardware tokens, or other intrusive legacy MFA requirements. It also offers services and resells IT and cybersecurity industry products and technologies. The company serves financial services, healthcare, critical infrastructure, and government and military industries. Plurilock Security Inc. is headquartered in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 70.42M | 64.63M | 36.62M | 479.33K | 646.90K | 653.49K |
| Cost of Revenue | 64.57M | 59.65M | 34.14M | 78.54K | 79.96K | 48.45K |
| Gross Profit | 5.85M | 4.98M | 2.48M | 400.79K | 566.94K | 605.04K |
| Gross Profit Ratio | 8.31% | 7.71% | 6.78% | 83.61% | 87.64% | 92.59% |
| Research & Development | 1.81M | 2.49M | 1.42M | 430.00K | 562.80K | 551.27K |
| General & Administrative | 10.07M | 8.01M | 4.33M | 2.14M | 791.55K | 711.38K |
| Selling & Marketing | 821.06K | 1.25M | 2.22M | 861.98K | 497.79K | 894.63K |
| SG&A | 10.89M | 9.26M | 6.55M | 3.00M | 1.29M | 16.06K |
| Other Expenses | 1.28M | 0.00 | 0.00 | 10.00K | -4.63K | 0.00 |
| Operating Expenses | 13.97M | 12.02M | 7.98M | 3.42M | 1.85M | 16.06K |
| Cost & Expenses | 78.54M | 71.67M | 42.12M | 3.50M | 1.93M | 16.06K |
| Interest Income | 0.00 | 311.32K | 6.52K | 32.49K | 52.32K | 31.00K |
| Interest Expense | 874.91K | 599.69K | 6.52K | 32.49K | 52.32K | 0.00 |
| Depreciation & Amortization | 566.58K | 269.90K | 106.58K | 23.87K | 22.23K | 12.05K |
| EBITDA | -7.68M | -7.87M | -6.31M | -4.54M | -1.26M | -1.40M |
| EBITDA Ratio | -10.90% | -9.20% | -13.11% | -304.03% | -195.30% | -2.46% |
| Operating Income | -8.12M | -7.03M | -5.52M | -3.03M | -1.29M | -16.06K |
| Operating Income Ratio | -11.53% | -10.88% | -15.06% | -632.85% | -198.67% | -2.46% |
| Total Other Income/Expenses | -997.80K | -1.42M | -907.72K | -1.56M | -51.93K | -22.58K |
| Income Before Tax | -9.12M | -8.45M | -6.42M | -4.60M | -1.34M | -16.28K |
| Income Before Tax Ratio | -12.95% | -13.08% | -17.54% | -959.31% | -206.70% | -2.49% |
| Income Tax Expense | -31.12K | -4.59K | -146.17K | 1.57M | 51.93K | -12.05K |
| Net Income | -9.09M | -8.45M | -6.28M | -4.60M | -1.34M | -16.28K |
| Net Income Ratio | -12.90% | -13.07% | -17.14% | -959.31% | -206.70% | -2.49% |
| EPS | -0.96 | -1.17 | -1.04 | -1.64 | -1.32 | -0.02 |
| EPS Diluted | -0.96 | -1.17 | -1.04 | -1.64 | -1.32 | -0.01 |
| Weighted Avg Shares Out | 9.49M | 7.23M | 6.01M | 2.81M | 1.01M | 1.02M |
| Weighted Avg Shares Out (Dil) | 9.49M | 7.23M | 6.01M | 2.81M | 1.01M | 1.10M |
Plurilock's 2023 revenue growth driven by strategic acquisitions
Plurilock Security Inc. (TSX-V:PLUR) has reported increased revenue for 2023 driven by the cybersecurity solutions providers' strategic acquisitions of Integra and Atrion and cross-selling between its solutions and technology divisions. Revenue increased from $64.6 million in 2022 to $70.4 million...
Plurilock Security Inc. Reports Fiscal 2023 Financial Results
Total revenue of $70.4 million for the year ended, 2023, an increase of 9% year-over-year. Gross margins increased to 8.3% from 7.7% for the year ended December 31, 2023.
Plurilock Announces Closing of Private Placement Financings of $5.5M
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2024) - Plurilock Security Inc. (TSXV: PLUR) ("Plurilock" or the "Company"), is pleased to announce the closing of private placements previously announced April 3, 2024 and April 11, 2024, totaling in aggregate $5.5...
Plurilock Announces Effective Date of Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2024) - Plurilock Security Inc. (TSXV: PLUR) ("Plurilock" or the "Company"), announces that the Company will implement the consolidation of its common shares in the capital of the Company (the "Shares") on the...
Plurilock Announces Further Update on Private Placement
Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. Vancouver, British Columbia--(Newsfile Corp. - April 12, 2024) - Plurilock Security...
Plurilock unveils second private placement on high demand
Plurilock Security Inc. (TSX-V:PLUR) has announced a second private fundraising round will take place following “overwhelming demand” for last week's original placement. Some US$1 million will be raised through the sale of US$0.225 units comprising of a share and 24-month warrant,...
Plurilock unveils second private placement on high demand
Plurilock Security Inc. (TSX-V:PLUR) has announced a second private fundraising round will take place following “overwhelming demand” for last week's original placement. Some US$1 million will be raised through the sale of US$0.225 units comprising of a share and 24-month warrant,...
Plurilock Announces Private Placement Update
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2024) - Plurilock Security Inc. (TSXV: PLUR) ("Plurilock" or the "Company"), a cybersecurity solutions provider, is pleased to report the books have now been closed for the private placement announced on April 3,...
Plurilock welcomes Ali Hakimzadeh as executive chairman
Plurilock Security Inc. (TSX-V:PLUR) has announced the appointment of Ali Hakimzadeh to its board of directors as executive chairman as the provider of cybersecurity solutions begins its business transformation plan. The company highlighted that Hakimzadeh has a background in capital...
Plurilock addresses global cyber risk with Plurilock Critical Services
AI-driven cybersecurity firm Plurilock Security Inc. (TSX-V:PLUR) has unveiled its Plurilock Critical Services division aimed at enhancing security and resiliency for multinational companies facing geopolitical, supply chain, and other environmental risks. These services will assist organizations in supporting, architecting, building,...
Source: https://incomestatements.info
Category: Stock Reports