AirIQ FY26 net income drops to C$ 104,000; revenue rises 17% to C$ 6.5 million

Reuters2026/07/23 11:31

By:Reuters

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AirIQ posted fiscal 2026 net income of CAD 104,000, down from CAD 203,000, on revenue up 17% to CAD 6.5 million.
Operating profit climbed 46% to CAD 974,000, while recurring revenue rose 23% to CAD 5.92 million, reaching 91% of revenue.
Fourth-quarter recurring revenue increased 31% to CAD 1.61 million, while revenue advanced 40% to CAD 1.84 million.
Management cited a one-time CAD 214,000 provision tied to U.S. state sales taxes, plus acquisition-related amortization, as net-income headwinds.
Normal course issuer bid activity included purchases of 561,500 shares for CAD 200,000, with 611,000 shares cancelled during the year.

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 via ACCESS Newswire (Ref. ID: 202607230730ACCESSWRNAPR_____1195272) 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 FY26 net income drops to C$ 104,000; revenue rises 17% to C$ 6.5 million

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