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The National
26-07-2025
- Politics
- The National
Hundreds gather in Aberdeen and Edinburgh to protest Donald Trump
PROTESTS against US president Donald Trump have started in Aberdeen with Scottish Greens MSPs in attendance. Demonstrators have gathered in Union Terrace Gardens with various placards, including several pointing out his previous friendship with disgraced paedophile financier Jeffrey Epstein. See some pictures from the protest below as Scots voice their anger over the president's four-day visit to his Turnberry and Menie estates. (Image: Nick Forbes/PA Wire) (Image: Nick Forbes/PA Wire) (Image: Nick Forbes/PA Wire)Scottish Greens MSP Maggie Chapman spoke at the demonstration, where she took a stance against Trump's comments on the genocide in Gaza and his general politics. "We say 'no' to the genocide in Palestine, and we say 'no' any politician who says that their politics has to be built on hate, has to be built on division, and has to be built on enriching the billionaires while the majority of the rest of the world starve', Chapman said. 'Not in our name. Never in our name. That is why we are here today.' Trump arrived at Prestwick Airport on Friday evening before heading to the Turnberry estate in South Ayrshire. He is expected to visit his Menie estate before opening a new course dedicated to his mother, Mary Anne Macleod, who was raised on the Isle of Lewis. READ MORE: Trump International to receive £180k from Scottish Government for tournament Lewis residents have also taken a stance against the convicted felon, with vintage and home décor store Lewis Revival displaying a banner reading 'Shame on you, Donald John', signed by locals and tourists alike. The business, based just miles away from his mother's birthplace, previously displayed the banner in March after Trump's meeting with Ukrainian president Volodymyr Zelenskyy, though it was subsequently removed by the local council. Elsewhere, protests have started in Edinburgh outside of the US Consulate. Scottish Greens co-leader Patrick Harvie and MSP Ross Greer are set to attend the demonstration in the capital, after the party issued fresh calls for Trump's finances to be investigated by the Scottish Government through an Unexplained Wealth Order.
The National
26-07-2025
- Politics
- The National
Protests start in Aberdeen amidst Donald Trump visit
PROTESTS against US president Donald Trump have started in Aberdeen with Scottish Greens MSPs in attendance. Demonstrators have gathered in Union Terrace Gardens with various placards, including several pointing out his previous friendship with disgraced paedophile financier Jeffrey Epstein. See some pictures from the protest below as Scots voice their anger over the president's four-day visit to his Turnberry and Menie estates. (Image: Nick Forbes/PA Wire) (Image: Nick Forbes/PA Wire) (Image: Nick Forbes/PA Wire)Scottish Greens MSP Maggie Chapman spoke at the demonstration, where she took a stance against Trump's comments on the genocide in Gaza and his general politics. "We say 'no' to the genocide in Palestine, and we say 'no' any politician who says that their politics has to be built on hate, has to be built on division, and has to be built on enriching the billionaires while the majority of the rest of the world starve', Chapman said. 'Not in our name. Never in our name. That is why we are here today.' Trump arrived at Prestwick Airport on Friday evening before heading to the Turnberry estate in South Ayrshire. He is expected to visit his Menie estate before opening a new course dedicated to his mother, Mary Anne Macleod, who was raised on the Isle of Lewis. READ MORE: Trump International to receive £180k from Scottish Government for tournament Lewis residents have also taken a stance against the convicted felon, with vintage and home décor store Lewis Revival displaying a banner reading 'Shame on you, Donald John', signed by locals and tourists alike. The business, based just miles away from his mother's birthplace, previously displayed the banner in March after Trump's meeting with Ukrainian president Volodymyr Zelenskyy, though it was subsequently removed by the local council. Elsewhere, protests have started in Edinburgh outside of the US Consulate. Scottish Greens co-leader Patrick Harvie and MSP Ross Greer are set to attend the demonstration in the capital, after the party issued fresh calls for Trump's finances to be investigated by the Scottish Government through an Unexplained Wealth Order.
STV News
20-07-2025
- Business
- STV News
Queensferry Crossing: Ballot opens to public for guided tour inside iconic bridge
Members of the public will be able to ballot for an exclusive guided tour inside the Queensferry Crossing. In September, as part of Doors Open Day, 180 visitors will get to see the interior of the £1.3bn bridge, led by Transport Scotland's operating company BEAR Scotland. The winners will be offered a unique glimpse at the structure's inner workings, with ten lucky winners taken up the highest tower to take in views over the Forth of Firth. It will be the first event of its kind on the UK's tallest bridge, which opened in 2017. While there will be no charge for the tours, donations to charity will be welcomed. All money raised will go to BEAR Scotland's national charity partner Chest, Heart & Stroke Scotland. STV News Nick Forbes, Bear Scotland's bridge manager, said: 'We're really excited to offer members of the public the chance to see Queensferry Crossing for the first time. 'Over 75,000 use the bridge every day, but very few people get to come and see inside the bridge, how it operates, and the job we do to maintain the structure. 'People will come onto the abutment and see main elements including the maintenance structure and various components – bearings, expansion joints, cable stays. There will be guides to explain different aspects and the real workings of the bridge. 'This is one of the best views of the Forth, no doubt about it – nearly 210 metres up. Visitors are offered raffle tickets for a trip up here themselves. 'It's a unique experience to get inside here – apart from the people who work here, very few members of the public get the chance to get inside the structure. 'Part of it is to showcase what we do – we're passionate about maintaining a fantastic structure, and raising money for a fantastic charity as well.' STV News The towers of the Queensferry Crossing are 207 metres (679 feet) high above high tide, making the Queensferry Crossing the tallest bridge in the UK. The towers are also higher than the Forth Road Bridge, which is 156 metres high. Anne Magarin, Chest, Heart and Stroke Scotland's corporate fundraising manager, got the chance to climb the bridge's North Tower. 'My favourite part has been overcoming my fear of heights to be on top – but the views are incredible! It makes it worth it going up there.' The charity provides vital support services to people and their families who are living with the effects of a chest, heart or stroke condition and Long Covid. STV News Around one million in Scotland are living with such conditions – an estimated one in five across the country. Anne added: 'We're absolutely delighted to be part of this to raise money for the cause. It's an absolute privilege. 'One call to our advice line costs £12.50. The more money we raise, the more calls we can cover. It also gives us publicity, which is important – people know they can get in touch. 'On the day, people can come here, get their raffle tickets, go on the tours and hopefully be one of the lucky ones to go up to the North Tower.' Guided tours will depart every 20 minutes on September 27 from the bridge office in South Queensferry. Tours will last 90 minutes, visiting parts of the Queensferry Crossing normally closed to the public, including the interior of the box girder deck and the central reservation where the bridge's cable stays are anchored. A total of 180 places will be available, allocated via a random ballot which will go live later in July. Members of the public are encouraged to follow @setrunkroads and @theforthbridges on X to be first in line when the ballot opens. Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
Yahoo
16-07-2025
- Business
- Yahoo
Titan Logix Corp. Reports Its Fiscal 2025 Q3 and YTD Financial Results
(In $000's of Canadian dollars except for shares and per share amounts) Edmonton, Alberta--(Newsfile Corp. - July 16, 2025) - Titan Logix Corp., (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in mobile liquid measurement solutions, announces its interim results for the three- and nine-month periods ended May 31, 2025. "We are on track to begin field trials of our new product line for the refined petroleum market by the end of the fiscal year," says Nick Forbes, CEO at Titan. "This will be a key enabler for our growth into new markets by delivering innovative technology with a proven track record." The upcoming launch of our new product line, designed to meet specific customer needs in the refined fuels market, will drive new pilot trial and sales opportunities. Notably, the Company achieved CSA certification on its new FINCH display in the third quarter, and we are on track to begin field trials of the new product line by the end of the fourth fiscal quarter. This product, based on our proven TD-series platform, offers several key differentiators: Reliable overfill protection and rack control, giving refined petroleum fleets flexibility in rack, and non-rack loading environments. Enhanced safety and efficiency, displaying highly accurate liquid level measurement with improved performance over previous generation TD-series products. A compelling value proposition for fleet operators through integration with Titan's cloud-connected digital strategy. In parallel, Titan continued onboarding key dealer and OEM accounts into its Titan Install mobile application and Titan Portal back-office platform. These tools have been praised by channel partners for their intuitive design, ease of use, and modern capabilities. Our digital strategy remains a core differentiator, strengthening Titan's market position. YTD & Q3 FISCAL 2025 HIGHLIGHTS Revenues for the first nine months of fiscal 2025 were consistent with fiscal 2024 with only a modest decrease of $46 or 1% to $5,145 compared to $5,191 for the same period in fiscal 2024. However, revenues for the third quarter of fiscal 2025 decreased by $436 or 23% to $1,489 compared to $1,926 in the third quarter of fiscal 2024, as the uncertainty and threat of tariffs on sales to the Company's US market continued to have a negative impact in the current quarter. Gross Profit through the first nine months of fiscal 2025 increased slightly by $29 to $2,635 or 51% of revenues compared to $2,606 or 50% of revenues in the comparative period. The increase in Gross Profit resulted from lower key manufacturing input costs and stronger US dollar when compared to the same period in fiscal 2024. Gross Profit decreased by $296 to $708 or 48% of revenue in the third quarter of fiscal 2025 compared to $1,004 or 52% of revenue in the same quarter of fiscal 2024 due mainly to reduced revenue volumes. The performance of the CORE business, measured by Operating EBITDA(1), has increased by 22% through the first nine months of the fiscal 2025 to $968, compared to $792 through same period in fiscal 2024. Operating EBITDA(1) declined by $327 or 80% in the third quarter of fiscal 2025 however, with reported Operating EBITDA of $83 compared to $410 in the same period of fiscal 2024, a direct result of the reduced volume experienced in the third fiscal quarter compared to the third quarter of fiscal 2024. Product research and development expenses increased by $201 to $999 in the current fiscal 2025 year compared to $798 in the same period of fiscal 2024, with the third quarter product research and development expenses increasing by $82 to $368 in the current fiscal quarter compared to $285 in the same quarter of fiscal 2024. The expenses incurred support the Company's diversification and growth into new markets. The Company's net loss has improved by $153 to a net loss of $225 in the current fiscal year compared to a net loss of $378 in the same period of fiscal 2024, this decrease resulted from lower unrealized losses on marketable securities in the current year. The Company's net loss in the third quarter increased by $202 to a net loss of $421 compared to a net loss of $202 in the third quarter of fiscal 2024 due mainly to the current period reduction in volume experienced. Financial Highlights SummaryThree months ended Nine months ended 2025 2024 2025 2024 $ $ $ $ Revenue 1,489 1,926 5,145 5,191 Cost of sales (782) (922) (2,510) (2,584) Gross profit 708 1,004 2,635 2,606 Gross margin (%) 48% 52% 51% 50% Operating EBITDA (1) 83 410 968 892 Product research and development expenses (1) (368) (285) (999) (798) EBITDA (1) (285) 125 (31) 93 Net loss (421) (218) (225) (378) EPS - Basic and Diluted (0.01) (0.01) (0.01) (0.01) Financial Position As at May 31, 2025 As at August 31, 2024 Working capital $ 15,345 $ 14,139 Total assets $ 18,602 $ 19,022 Long-term liabilities $ 494 $ 600 Total equity $ 17,171 $ 17,502 (1) See Non-IFRS measures below. The Company's unaudited, condensed, consolidated interim financial statements and the management's discussion and analysis ("MD&A") which includes the Company's Business Outlook, for the three- and nine-month periods ended May 31, 2025, are available on SEDAR+ at and the Company's website, NON-IFRS MEASURES The Company uses certain measures in this MD&A that do not have a standardized meaning as prescribed by IFRS (International Financial Reporting Standards) and thus are prohibited from being disclosed in the consolidated financial statements. These measures, which are derived from information reported in the Company's consolidated financial statements, may not be consistent with similar measures presented and disclosed by other reporting issuers. However, management believes that this information provides increased insight into the Company's strategic plan to address the broader mobile liquid markets. Readers are cautioned that these Non-IFRS measures should not be construed as alternatives to other measures of financial performance calculated in accordance with IFRS. The table below provides a reconciliation of the Company's EBITDA and Operating EBITDA to the Operating income (loss) before other items per the interim consolidated financial statements for the periods presented: Fiscal Period Ended Q3 2025 Q3 2024 YTD 2025 YTD 2024 Operating income (loss) before other items (388) 2 (416) (245) Add: Depreciation and amortization 96 99 289 283 Add: Non-cash stock-based compensation 7 24 96 55 EBITDA (285) 125 (31) 93 Add: Product research and development expenses (1) 368 285 999 798 Operating EBITDA 83 410 968 892 The table below, removes the recurring engineering expenses from the total to isolate the product research and development expenses excluded in Management's calculation of Operating EBITDA: Fiscal Period Ended Q3 2025 Q3 2024 YTD 2025 YTD 2024 Engineering, product research and development expenses (396) (333) (1,088) (949) Less: Recurring engineering expenses 28 47 88 150 Product research and development expenses (368) (285) (999) (798) (1) A detailed definition of these Non-IFRS measures can be reviewed in the Company's MD&A About Titan Logix Corp.: For over 25 years, Titan Logix Corp. has designed and manufactured mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquids transportation. Titan's TD Series of tank level monitors are a market leader in mobile fluid measurement, and are known for their high level of accuracy, rugged design, and solid-state reliability. Our solutions are designed for hazardous and non-hazardous applications, and we serve customers in a wide range of applications including petroleum, environmental solutions, chemical, and agriculture. Founded in 1979, Titan Logix Corp. is a public company listed on the TSX Venture Exchange and its shares trade under the symbol TLA. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Information in this press release that is not current or historical factual information may constitute forward looking information within the meaning of securities laws. Implicit in this information are assumptions regarding our future operational results. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that the actual performance of the Company is subject to many risks and uncertainties and could differ materially from what is expected as set out above. For more exhaustive information on these risks and uncertainties you should refer to our Management Discussion and Analysis in respect of the year ended August 31, 2024, which is available at In addition, the occurrence of pandemics, such as the outbreak of the novel coronavirus COVID-19 in any of the areas in which the Company, its customers or its suppliers operate could cause interruptions in the Company's operations. In addition, pandemics, natural disasters, or other unanticipated events could negatively impact the demand for, and price of, oil and natural gas which in turn could have a material adverse effect on the Company's business, financial condition, results of operations and cash flows. The forward-looking information contained in this press release is based on our current estimates, expectations, and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any time, whether a result of new information, future events or otherwise, except as required by applicable securities law Contact Information: Nick ForbesChief Executive OfficerPh: (403) 561-8095Email: invest@ Venture, TLA To view the source version of this press release, please visit
Yahoo
07-04-2025
- Business
- Yahoo
Titan Logix Corp. Reports its Fiscal 2025 Q2 and YTD Financial Results
(In $000's of Canadian dollars except for shares and per share amounts) Edmonton, Alberta--(Newsfile Corp. - April 7, 2025) - Titan Logix Corp., (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in mobile liquid measurement solutions, announces its interim results for the three- and six-month periods ended February 28, 2025. "Titan has reached another key milestone in its strategic growth plan," says Nick Forbes, CEO at Titan. "We are excited to announce the commercial launch of Titan Install and Titan Portal in the second quarter, which represents a major milestone in the company's digital strategy. We remain focused on the execution of our strategy, as we navigate the uncertainty with cross-border trade relations." The company has made significant progress on our product R&D roadmap in the second quarter. We are on track to launch a new hardware platform by the end of the fiscal year to solve specific challenges fleet operators face in the refined petroleum market. The new hardware platform will enable our dealers and OEMs to provide a tailored offering to their customers and accelerate market penetration. CSA certification for our new hardware is expected to be completed in the next fiscal quarter, signaling a high degree of confidence for market readiness. The platform is a modified version of our proven TD-series technology and differentiates Titan from the competition in the refined petroleum market by: Competing directly with other overfill protection solutions, an industry requirement in refined petroleum Increasing safety, efficiencies, and confidence in the loading process with our liquid level measurement Creating new value for fleet operators, leveraging our digital strategy and cloud-connected products Titan achieved another key milestone in our digital strategy with the commercial launch of Titan Install and Titan Portal in the second quarter. The company has rebranded TDS (Titan Data Services) to Titan Portal as part of the launch. This new offering will ultimately replace our legacy installation software, SensorLink, and simplifies the installation process for all Titan products. Titan Install is an app-based tool used by installers to configure and troubleshoot hardware on the shop floor or in the field. Titan Portal is a web-based tool that tracks, stores, and manages all the field activities performed on Titan Install and T-Connect. We have successfully onboarded 18 of our dealers, OEMs, and service providers in the second quarter. We can confidently say that the launch of Titan Install and Titan Portal has been a success. Our investment strategy is to commit the necessary resources to penetrate new mobile liquid market segments, and the development of value-added products and software solutions to these market segments. The Company invests its non-operating cash reserves in conservative interest-bearing accounts and marketable securities. Acquisition opportunities are considered where it complements our growth strategy or enables the monetization of our connected strategy. YTD & Q2 FISCAL 2025 HIGHLIGHTS Revenues for the first six months of fiscal 2025 increased by $391 or 12% to $3,656 compared to $3,265 for the same period in fiscal 2024. However, revenues for the second quarter of fiscal 2025 decreased by $255 or 15% to $1,496 compared to $1,751 in the second quarter of fiscal 2024, as the uncertainty and threat of tariffs on sales to the Company's US market had a negative impact on the current quarter. Gross Profit through the first six months of fiscal 2025 increased by $325 to $1,927 or 53% of revenues compared to $1,603 or 49% of revenues in the comparative period. The increase in gross profit resulted from an increase in volume, lower key manufacturing input costs and stronger US dollar when compared to the same period in fiscal 2024. Gross Profit decreased by $98 to $724 or 48% of revenue in the second quarter of fiscal 2025 compared to $823 or 47% of revenue in the same quarter of fiscal 2024 due mainly to reduced revenue volume. The performance of the CORE business, measured by Operating EBITDA(1), has increased by 84% through the first six months of the fiscal 2025 to $885, compared to $481 through same period in fiscal 2024. Operating EBITDA(1) declined by $54 or 20% in the second quarter of fiscal 2025 however, with reported of $221 compared to $275 in the same period of fiscal 2024. Product research and development expenses increased by $118 to $632 in the current fiscal 2025 year compared to $513 in the same period of fiscal 2024, with the second quarter product research and development expenses increasing by $51 to $298 in the current fiscal quarter compared to $247 in the same quarter of fiscal 2024. The expenses incurred support the Company's diversification and growth into new markets. The Company's net income has improved by $356 to $196 in the current fiscal year compared to a net loss of $160 in the same period of fiscal 2024. Net income in the second quarter decreased by decreased by $295 to a net loss of $51 compared to net income of $244 in the second quarter of fiscal 2024. Financial Highlights SummaryThree months ended Six months ended 2025 2024 2025 2024 $ $ $ $ Revenue 1,496 1,751 3,656 3,265 Cost of sales (772) (928) (1,729) (1,662) Gross profit 724 823 1,927 1,603 Gross margin (%) 48% 47% 53% 49% Operating EBITDA (1) 221 275 885 481 Product research and development expenses (1) (298) (247) (632) (513) EBITDA (1) (77) 28 254 (32) Net earnings (loss) (51) 244 196 (160) EPS - Basic and Diluted (0.00) 0.01 0.01 (0.01) Financial Position As at February 28, 2025As at August 31, 2024Working capital $ 16,131$ 14,139Total assets $ 19,066$ 19,022Long-term liabilities $ 530$ 600Total equity $ 17,787$ 17,502(1) See Non-IFRS measures below. The Company's unaudited, condensed, consolidated interim financial statements and the management's discussion and analysis ("MD&A") which includes the Company's Business Outlook, for the three- and six-month periods ended February 28, 2025, are available on SEDAR+ at and the Company's website, NON-IFRS MEASURES The Company uses certain measures in this MD&A that do not have a standardized meaning as prescribed by IFRS (International Financial Reporting Standards) and thus are prohibited from being disclosed in the consolidated financial statements. These measures, which are derived from information reported in the Company's consolidated financial statements, may not be consistent with similar measures presented and disclosed by other reporting issuers. However, management believes that this information provides increased insight into the Company's strategic plan to address the broader mobile liquid markets. Readers are cautioned that these Non-IFRS measures should not be construed as alternatives to other measures of financial performance calculated in accordance with IFRS. The table below provides a reconciliation of the Company's EBITDA and Operating EBITDA to the Operating income (loss) before other items per the interim consolidated financial statements for the periods presented: Fiscal Period Ended Q2 2025 Q2 2024 YTD 2025 YTD 2024 Operating loss before other items (255) (89) (28) (247) Add: Depreciation and amortization 96 97 193 184 Add: Non-cash stock-based compensation 82 20 89 31 EBITDA (77) 28 254 (32) Add: Product research and development expenses (1) 298 247 632 513 Operating EBITDA 221 275 885 481 The table below, removes the recurring engineering expenses from the total to isolate the product research and development expenses excluded in Management's calculation of Operating EBITDA: Fiscal Period Ended Q2 2025 Q2 2024 YTD 2025 YTD 2024 Engineering, product research and development expenses (331) (302) (692) (616) Less: Recurring engineering expenses 33 54 61 103 Product research and development expenses (298) (247) (632) (513) A detailed definition of these Non-IFRS measures can be reviewed in the Company's MD&A About Titan Logix Corp.: For over 25 years, Titan Logix Corp. has designed and manufactured mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquids transportation. Titan's TD Series of tank level monitors are a market leader in mobile fluid measurement, and are known for their high level of accuracy, rugged design, and solid-state reliability. Our solutions are designed for hazardous and non-hazardous applications, and we serve customers in a wide range of applications including petroleum, environmental solutions, chemical, and agriculture. Founded in 1979, Titan Logix Corp. is a public company listed on the TSX Venture Exchange and its shares trade under the symbol TLA. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Information in this press release that is not current or historical factual information may constitute forward looking information within the meaning of securities laws. Implicit in this information are assumptions regarding our future operational results. These assumptions, although considered reasonable by the company at the time of preparation, may prove to be incorrect. Readers are cautioned that the actual performance of the company is subject to many risks and uncertainties and could differ materially from what is expected as set out above. For more exhaustive information on these risks and uncertainties you should refer to our Management Discussion and Analysis in respect of the year ended August 31, 2024, which is available at In addition, the occurrence of pandemics, such as the outbreak of the novel coronavirus COVID-19 in any of the areas in which the Company, its customers or its suppliers operate could cause interruptions in the Company's operations. In addition, pandemics, natural disasters, or other unanticipated events could negatively impact the demand for, and price of, oil and natural gas which in turn could have a material adverse effect on the Company's business, financial condition, results of operations and cash flows. The forward-looking information contained in this press release is based on our current estimates, expectations, and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any time, whether a result of new information, future events or otherwise, except as required by applicable securities law Contact Information: Nick ForbesChief Executive OfficerPh: (403) 561-8095Email: invest@ Venture, TLA To view the source version of this press release, please visit Sign in to access your portfolio
