PR Newswire
VANCOUVER, BC, Dec. 2, 2024 /CNW/ - Today infinitii ai inc. ("infinitii ai" or the "Company") (CSE: IAI) (FSE: 7C5) (OTC: CDTAF), a leader in AI-driven predictive analytics software for Smart City water and Smart Industry infrastructure applications that rely on time-series data, released financial highlights for the period ended September 30, 2024. A complete set of September 30, 2024 Interim Financial Statements and Management's Discussion & Analysis has been filed at www.sedarplus.ca.
Key financial highlights
VANCOUVER, BC, Nov. 22, 2024 /CNW/ - At its Annual General Meeting ("AGM") yesterday, infinitii ai inc. ("infinitii ai" or the "Company") (CSE: IAI) (FSE: 7C5) (OTC: CDTAF) provided shareholders with key highlights of Fiscal Year 2024 ("FY2024") and an overview of U.S.-focused growth now underway in Fiscal Year 2025 ("FY2025"). A complete set of June 30, 2024 Consolidated Financial Statements and Management's Discussion & Analysis for FY2024 has been filed at www.sedar.com.
"In FY2024 we achieved 17% sales growth by collaborating with AECOM and SCG Flowmetrix Inc. to win strategic sales in Ontario's Greater Toronto and Hamilton Area's ("GTHA") wastewater utilities," said infinitii ai CEO Jean Charles Phaneuf. "As we entered FY2025, we won a second competitive bid with AECOM at the City of Hamilton that solidified 90%-plus market penetration in the GTHA market."
VANCOUVER, BC, Oct. 29, 2024 /CNW/ - infinitii ai inc. ("infinitii ai" or the "Company") (CSE: IAI) (FSE: 7C5) (OTC: CDTAF), a leader AI-driven predictive analytics software for Smart City water and Smart Industry infrastructure applications that rely on time-series data, today released its annual financial and operational highlights for its fiscal year ended June 30, 2024. As well as a 17% annualized sales increase infinitii ai achieved a stellar overall customer renewal rate of 96% in fiscal year 2024 ("F2024") and a 61% reduction in its total comprehensive loss compared to the same period in fiscal year 2003 ("F2023").
VANCOUVER, BC, Aug. 15, 2024 /CNW/ - infinitii ai inc. ("infinitii ai") (CSE: IAI) (FSE: 7C5) (OTC: CDTAF) has won a competitive bid with the City of Vancouver. The latest sales achievement provides the City with access to infinitii flowworks real-time data monitoring software as part of a three-year contract. With a population of 631,000, Vancouver is one of Canada's fast-growth cities and British Columbia's largest municipality.
"This sale underscores our expanding North American install base, and we are especially pleased that this is the first time we have secured a multi-year contract directly with Vancouver's Integrated Sewer and Drainage Planning (ISDP) branch," stated Jean Charles Phaneuf, CEO of infinitii ai.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.