KAMLOOPS, BC, Aug. 21, 2025 /CNW/ – Progressive Planet (TSXV:PLAN) (OTCQB:ASHXF) (“Progressive Planet”, “PLAN”, or the “Company”) is proud to provide highlights for the fiscal year ending on April 30, 2025.
Financial Highlights include the following:
- Net income increased to $1,669,591, compared to a loss of $392,832 for the prior year,
- Income from operations was $1,787,613, a 164% increase compared to operating income of $678,035 generated in the prior year,
- EBITDA increased to $3,224,723, compared to $1,355,099 for fiscal 2024 (a 138% increase),
- Revenue decreased by 0.6% to $19,518,077,
- Gross profit increased by 0.9% to $6,063,780,
- Gross margin increased to 31.1% compared to 30.6% in the prior year,
- Cash flow generated from operating activities was $5,099,865 compared to $2,572,048 in the prior year, and,
- The Company’s cash balance increased to $5,428,513 compared to $1,685,806 …