PR Newswire
Total comprehensive loss for the period ended December 31, 2024 declines by 53%
VANCOUVER, BC, Feb. 27, 2025 /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 six-month period ended December 31, 2024. A complete set of December 31, 2024 Consolidated Financial Statements and Management's Discussion & Analysis has been filed at www.sedarplus.ca.
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, Sept. 26, 2024 /CNW/ - infinitii ai inc. ("infinitii ai") (CSE: IAI) (FSE: 7C5) (OTC: CDTAF) is pleased to announce that TREKK Design Group LLC ("TREKK") has increased its infinitii ai install base beyond Kansas City, MO, Omaha, NE, Cedar Hill, MO and St. Louis, MO. TREKK will be demonstrating "Waterspout powered by infinitii ai" at WEFTEC 2024 in New Orleans Oct. 7-9.
After a successful project completed this Spring to integrate infinitii flowworks with TREKK PreView, "Waterspout powered by infinitii ai" has been rolled out to 11 TREKK clients that include municipalities and even other engineering services companies. "We're getting great feedback," stated Trent Robinett, President of TREKK, "and are very pleased to see infinitii ai quickly responding to client input from the field."
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.
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