{"success":true,"data":{"pressRelease":{"id":"101867","rtpr_id":"nACS0NyyBa","ticker":"NPT","exchange":"","all_tickers":["NPT"],"title":"Audited Annual Statements for the Fiscal Year Ended March 31, 2026","author":"ACCESSWIRE","published_at":"2026-07-29T11:30:01.161Z","article_body":"ARNPRIOR, ON / ACCESS Newswire (https://www.accessnewswire.com/) / July 29,\n2026 / Plaintree Systems Inc. (CSE:NPT) (\"Plaintree\" or the \"Company\")\nannounced today that it has released its audited consolidated financial\nstatements and related management discussions and analysis for the fiscal year\nending March 31, 2026.\n\nDuring fiscal 2026, Plaintree realized revenues from continuing operations of\n$17,356,379 down from revenues of $21,438,745 in fiscal 2025. Plaintree ended\nfiscal 2026 year with comprehensive net earnings of $2,455,782 compared with a\nloss of $1,810,754 in fiscal 2025.\n\n\"Despite lower revenues this year, Plaintree generated significant returns\nresulting in a healthy profit.\" said David Watson, CEO. \"This positive result\nwas generated primarily by the Specialty Structures business, as well as\nElmira receiving full certification approvals in December 2025 and resuming\nshipments after an interruption of more than a year.\"\n\nAbout Plaintree Systems\n\nPlaintree has two diversified product lines consisting of Specialty Structures\nand Applied Electronics.\n\nThe Specialty Structures Division includes the Triodetic Group with over 40\nyears of experience, is a design/build manufacturer of steel, aluminum and\nstainless steel specialty structures such as commercial domes, foundations for\nunstable soil conditions and flood zones, for free form structures, barrel\nvaults, space frames and industrial dome coverings, and Spotton Corporation, a\ndesign and manufacturer of high end custom hydraulic and pneumatic valves and\ncylinders.\n\nThe Applied Electronics Division includes the legacy Hypernetics and Elmira\nStove Works Inc. businesses. Hypernetics was established in 1972 and is a\nmanufacturer of avionic components for various applications including aircraft\nantiskid braking, aircraft instrument indicators, solenoids, high purity\nvalves and permanent magnet alternators. Elmira Stove Works Inc a manufacturer\nof high-end heritage and retro-styled kitchen appliances under the brand names\n\"Northstar\", \"Fireview\" and \"Heritage\". Until July 2026, the Applied\nElectronics segment included Summit Aerospace USA Inc., a machine shop serving\nthe aerospace sector which has been discontinued.\n\nPlaintree's shares are traded under the symbol \"NPT\". Shareholders and\nInvestors can access Company information on CSE's website and receive full\nCompany disclosure monthly. For more information on Plaintree or to receive\nstock quotes, complete with trading summaries, bid size and ask price,\nbrokerage house participation, insider reports, news releases, disclosure\ninformation, and CSE and SEDAR filings, visit the CSE website at www.cnsx.ca\nor the Company's website at www.plaintree.com.\n\nPlaintree is publicly traded in Canada on the CSE (NPT) with 12,925,253 common\nshares and 18,325 class A preferred shares outstanding.\n\nThis press release may include statements that are forward-looking and based\non current expectations. The actual results of the company may differ\nmaterially from current expectations. The business of the company is subject\nto many risks and uncertainties, including changes in markets for the\ncompany's products, delays in product development and introduction to\nmanufacturing and intense competition. For a more detailed discussion of the\nrisks and uncertainties related to the company's business, please refer to\ndocuments filed by the company with the Canadian regulatory authorities,\nincluding the annual report of the Company for the fiscal year ended March 31,\n2026 and related management discussion and analysis.\n\nCanadian Securities Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of the content of this news\nrelease.\n\nFor further information: Robert Turley, CFO (613) 623-3434 x2282\n\nSOURCE: Plaintree Systems, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/audited-annual-statements-for-the-fiscal-year-ended-march-31-2026-1197439)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACS0NyyBa","title":"Audited Annual Statements for the Fiscal Year Ended March 31, 2026","author":"ACCESSWIRE","ticker":"NPT","created":"2026-07-29T11:30:01.161Z","tickers":["NPT"],"exchange":"","article_body":"ARNPRIOR, ON / ACCESS Newswire (https://www.accessnewswire.com/) / July 29,\n2026 / Plaintree Systems Inc. (CSE:NPT) (\"Plaintree\" or the \"Company\")\nannounced today that it has released its audited consolidated financial\nstatements and related management discussions and analysis for the fiscal year\nending March 31, 2026.\n\nDuring fiscal 2026, Plaintree realized revenues from continuing operations of\n$17,356,379 down from revenues of $21,438,745 in fiscal 2025. Plaintree ended\nfiscal 2026 year with comprehensive net earnings of $2,455,782 compared with a\nloss of $1,810,754 in fiscal 2025.\n\n\"Despite lower revenues this year, Plaintree generated significant returns\nresulting in a healthy profit.\" said David Watson, CEO. \"This positive result\nwas generated primarily by the Specialty Structures business, as well as\nElmira receiving full certification approvals in December 2025 and resuming\nshipments after an interruption of more than a year.\"\n\nAbout Plaintree Systems\n\nPlaintree has two diversified product lines consisting of Specialty Structures\nand Applied Electronics.\n\nThe Specialty Structures Division includes the Triodetic Group with over 40\nyears of experience, is a design/build manufacturer of steel, aluminum and\nstainless steel specialty structures such as commercial domes, foundations for\nunstable soil conditions and flood zones, for free form structures, barrel\nvaults, space frames and industrial dome coverings, and Spotton Corporation, a\ndesign and manufacturer of high end custom hydraulic and pneumatic valves and\ncylinders.\n\nThe Applied Electronics Division includes the legacy Hypernetics and Elmira\nStove Works Inc. businesses. Hypernetics was established in 1972 and is a\nmanufacturer of avionic components for various applications including aircraft\nantiskid braking, aircraft instrument indicators, solenoids, high purity\nvalves and permanent magnet alternators. Elmira Stove Works Inc a manufacturer\nof high-end heritage and retro-styled kitchen appliances under the brand names\n\"Northstar\", \"Fireview\" and \"Heritage\". Until July 2026, the Applied\nElectronics segment included Summit Aerospace USA Inc., a machine shop serving\nthe aerospace sector which has been discontinued.\n\nPlaintree's shares are traded under the symbol \"NPT\". Shareholders and\nInvestors can access Company information on CSE's website and receive full\nCompany disclosure monthly. For more information on Plaintree or to receive\nstock quotes, complete with trading summaries, bid size and ask price,\nbrokerage house participation, insider reports, news releases, disclosure\ninformation, and CSE and SEDAR filings, visit the CSE website at www.cnsx.ca\nor the Company's website at www.plaintree.com.\n\nPlaintree is publicly traded in Canada on the CSE (NPT) with 12,925,253 common\nshares and 18,325 class A preferred shares outstanding.\n\nThis press release may include statements that are forward-looking and based\non current expectations. The actual results of the company may differ\nmaterially from current expectations. The business of the company is subject\nto many risks and uncertainties, including changes in markets for the\ncompany's products, delays in product development and introduction to\nmanufacturing and intense competition. For a more detailed discussion of the\nrisks and uncertainties related to the company's business, please refer to\ndocuments filed by the company with the Canadian regulatory authorities,\nincluding the annual report of the Company for the fiscal year ended March 31,\n2026 and related management discussion and analysis.\n\nCanadian Securities Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of the content of this news\nrelease.\n\nFor further information: Robert Turley, CFO (613) 623-3434 x2282\n\nSOURCE: Plaintree Systems, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/audited-annual-statements-for-the-fiscal-year-ended-march-31-2026-1197439)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-07-29T11:30:01.214609742Z","server_sent_at_ms":1785324601214},"received_at":"2026-07-29T11:30:01.316Z","source_url":"https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/audited-annual-statements-for-the-fiscal-year-ended-march-31-2026-1197439"},"analysis":{"id":"90887","press_release_id":"101867","analysis_json":{"industry":{"label":"Industrial Conglomerates","sector":"Industrials"},"redFlags":["Revenue declined year-over-year from $21.4M to $17.4M","Summit Aerospace USA Inc. operations were discontinued in July 2026"],"eventType":"earnings","narrative":"Plaintree Systems released its audited fiscal 2026 results, reporting revenue of $17.36 million, a decrease from $21.44 million in the prior year.\n\nThe company returned to profitability with comprehensive net earnings of $2.46 million, compared to a net loss of $1.81 million in fiscal 2025.\n\nManagement attributed the improved financial performance to the Specialty Structures division and the resumption of shipments by Elmira Stove Works following certification approvals in December 2025.","sentiment":"mixed","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintree swings to FY2026 profit on Specialty Structures and Elmira Stove Works recovery despite revenue dip."},"keyFigures":{"revenue":17356379,"customDimensions":{"net_earnings":2455782,"prior_year_revenue":21438745,"common_shares_outstanding":12925253,"preferred_shares_outstanding":18325}},"quotedText":"Despite lower revenues this year, Plaintree generated significant returns resulting in a healthy profit.","namedEntities":{"people":[{"name":"David Watson","role":"CEO"},{"name":"Robert Turley","role":"CFO"}],"products":["Northstar","Fireview","Heritage"],"companies":[{"name":"Plaintree Systems Inc.","ticker":"NPT"},{"name":"Triodetic Group","relationship":"subsidiary"},{"name":"Spotton Corporation","relationship":"subsidiary"},{"name":"Hypernetics","relationship":"subsidiary"},{"name":"Elmira Stove Works Inc.","relationship":"subsidiary"},{"name":"Summit Aerospace USA Inc.","relationship":"subsidiary"},{"name":"Canadian Securities Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$17,356,379","context":"fiscal 2026 revenue from continuing operations"},{"amount":"$21,438,745","context":"fiscal 2025 revenue"},{"amount":"$2,455,782","context":"fiscal 2026 comprehensive net earnings"},{"amount":"$1,810,754","context":"fiscal 2025 net loss"}]},"materialImpact":{"score":3,"reasoning":"Full-year results show a return to profitability with net earnings of $2.46M following a prior year loss, though revenue declined by nearly $4M year-over-year. The profitability is driven by operational recovery in the Specialty Structures and Elmira segments."},"tickerRelevance":{"others":[],"primary":"NPT"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"routine_annual_results","sectorWeight":"industrials"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"mixed","material_impact_score":3,"narrative":"Plaintree Systems released its audited fiscal 2026 results, reporting revenue of $17.36 million, a decrease from $21.44 million in the prior year.\n\nThe company returned to profitability with comprehensive net earnings of $2.46 million, compared to a net loss of $1.81 million in fiscal 2025.\n\nManagement attributed the improved financial performance to the Specialty Structures division and the resumption of shipments by Elmira Stove Works following certification approvals in December 2025.","key_figures":{"revenue":17356379,"customDimensions":{"net_earnings":2455782,"prior_year_revenue":21438745,"common_shares_outstanding":12925253,"preferred_shares_outstanding":18325}},"named_entities":{"people":[{"name":"David Watson","role":"CEO"},{"name":"Robert Turley","role":"CFO"}],"products":["Northstar","Fireview","Heritage"],"companies":[{"name":"Plaintree Systems Inc.","ticker":"NPT"},{"name":"Triodetic Group","relationship":"subsidiary"},{"name":"Spotton Corporation","relationship":"subsidiary"},{"name":"Hypernetics","relationship":"subsidiary"},{"name":"Elmira Stove Works Inc.","relationship":"subsidiary"},{"name":"Summit Aerospace USA Inc.","relationship":"subsidiary"},{"name":"Canadian Securities Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$17,356,379","context":"fiscal 2026 revenue from continuing operations"},{"amount":"$21,438,745","context":"fiscal 2025 revenue"},{"amount":"$2,455,782","context":"fiscal 2026 comprehensive net earnings"},{"amount":"$1,810,754","context":"fiscal 2025 net loss"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-29T14:36:54.510Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine_annual_results","sectorWeight":"industrials"}},"durationMs":453505,"modelName":"glm-4.7"}}