AirIQ publishes MD&A for year ended March 31, 2026

Reuters2026/07/23 13:04

By:Reuters

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AirIQ published its MD&A for the year ended March 31, 2026, highlighting total revenue of CAD 6.5 million, up 17%.
Recurring revenue rose 23% to CAD 5.92 million, lifting recurring mix to 91% from 87% as hardware revenue fell 22% to CAD 582,000.
Gross profit increased 14% to CAD 3.89 million; gross margin slipped to 60% from 61%.
Net income declined 49% to CAD 104,000, weighed by higher expenses, higher depreciation, foreign-exchange losses, and a prior-period tax provision.
Cash ended at CAD 1.57 million; investing cash outflow rose to CAD 1.83 million, including CAD 463,000 of software development spend.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AirIQ Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AirIQ publishes MD&A for year ended March 31, 2026

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