on Alphinat, Inc. (isin : US64822P1066)
Alphinat Reports Net Loss for Q2 2025
Alphinat Inc., a Canadian software company, has announced a net loss of $188,216 for the second quarter ended February 28, 2025, contrasting with a net income of $803 for the same period in 2024. The company cited delays in municipal projects caused by a third-party software vendor as a contributing factor to the reduced revenue of $182,884, down from $242,715 the previous year.
The quarter saw Alphinat concentrating efforts on public sector sales, utilizing its SmartGuide platform across various government levels to enhance solution delivery and user experience. Despite financial setbacks, Alphinat remains focused on its main solutions, including SmartGuide Grants and Portal Edition for Dynamics 365. The firm aims to boost growth by offering solutions like SmartProfile, a standalone secure Single Sign-On service.
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