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Titan Logix reports Q2 revenue growth but wider net loss amid rising costs and market expansion efforts

Company Fundamentals
21 Apr 2026
Newsfile Corp
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Neutral
pluang ai news

Titan Logix Corp. announced its interim results for Q2 and the first half of fiscal 2026, showing an 11% revenue increase in Q2 to $1.65 million but a 15% revenue decline year-to-date to $3.1 million. The company is gaining traction in the refined petroleum market with new OEM product sales but faces higher costs and increased expenses, leading to a net loss of $213,000 in Q2, up from $51,000 last year. Titan plans to expand sales and marketing efforts to more channel partners and fleet customers, aiming to leverage recent oil price increases to boost future sales. Despite challenges, the company completed a share buyback program and continues to invest in product development and market penetration.

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