Latest news with #refinedpetroleum
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
30-06-2025
- Business
- Yahoo
Investment Surge in Emerging Markets, Regulatory Pressures and Renewable Integration Shaping the Future
The Refined Petroleum Products Pipeline Transport Market is set to soar from USD 47 billion in 2025 to USD 80.4 billion by 2034, with a CAGR of 6.1%. Driven by technological advancements, increasing global demand, and regulatory pressures for sustainability, this market is crucial in transporting refined fuels like gasoline and diesel. Key insights highlight investment surges, especially in emerging markets, and a push towards integrating renewable energy sources into existing infrastructure. Understanding geopolitical influences and competitive dynamics is essential for stakeholders navigating this evolving landscape. Refined Petroleum Products Pipeline Transport Market Dublin, June 30, 2025 (GLOBE NEWSWIRE) -- The "Refined Petroleum Products Pipeline Transport Market Outlook 2025-2034" report has been added to Petroleum Products Pipeline Transport Market is valued at USD 47 billion in 2025. Further the market is expected to grow by a CAGR of 6.1% to reach global sales of USD 80.4 billion in 2034 The refined petroleum products pipeline transport market plays a critical role in the global energy infrastructure, facilitating the large-scale transportation of refined petroleum products such as gasoline, diesel, jet fuel, and heating oil through a network of pipelines. Pipelines provide an efficient and cost-effective way of transporting these vital energy products across long distances, minimizing transportation costs and reducing reliance on road and rail transport. With the growing global demand for refined petroleum products driven by industrial growth, urbanization, and increased energy consumption, the pipeline transport market has become an essential component of the energy supply market is also influenced by regulatory factors, such as government policies and environmental standards that focus on reducing carbon emissions from transportation. As the world continues to grapple with the energy transition, the refined petroleum products pipeline transport market is under pressure to improve efficiency, reduce emissions, and integrate with renewable energy sources. Despite these challenges, pipelines remain one of the safest, most reliable, and most efficient methods of transporting petroleum products, making them a vital infrastructure component 2024, the refined petroleum products pipeline transport market experienced growth, driven by the recovery in global economic activity and the resurgence of demand for petroleum products. The demand for refined fuels such as gasoline, diesel, and jet fuel surged as industrial activities and transportation sectors saw significant improvements post-pandemic. Furthermore, investments in pipeline infrastructure, particularly in emerging markets, spurred the expansion of the market. There was also a rise in the construction of new pipelines and the modernization of existing networks to accommodate growing advancements, such as the use of smart pipelines with monitoring systems to prevent leaks and improve operational efficiency, further fueled market developments. However, geopolitical tensions and supply chain disruptions in key oil-producing regions, along with fluctuating crude oil prices, posed challenges to stable growth. Regulatory pressures surrounding carbon emissions and the increasing focus on green energy alternatives, including biofuels and hydrogen, also influenced market dynamics, with the pipeline transport industry exploring solutions to integrate renewable fuels into existing ahead to 2025 and beyond, the refined petroleum products pipeline transport market is expected to continue evolving, influenced by the increasing shift toward cleaner energy sources and innovations in pipeline technology. The ongoing growth of the global population and industrial sectors will continue to drive the need for efficient and reliable transportation of refined petroleum products. Technological advancements will allow for smarter pipelines with real-time monitoring, improved safety systems, and the ability to transport alternative fuels such as biofuels and hydrogen. The integration of renewable energy sources into the pipeline transport system will be critical to addressing the global push for challenges remain in adapting the existing infrastructure to accommodate these new energy sources and in addressing concerns over the environmental impact of petroleum transportation. Furthermore, the increasing focus on decarbonization will continue to put pressure on the pipeline transport industry to innovate and find ways to minimize its carbon footprint. Despite these challenges, the demand for pipeline transportation of refined petroleum products will remain a crucial component of global energy infrastructure in the foreseeable future Refined Petroleum Products Pipeline Transport Market AnalyticsThe research analyses various direct and indirect forces that can impact the Refined Petroleum Products Pipeline Transport market supply and demand conditions. The parent market, derived market, intermediaries' market are analyzed to evaluate the full supply chain and possible alternatives and substitutes. Geopolitical analysis, demographic analysis, and Porter's five forces analysis are prudently assessed to estimate the best Refined Petroleum Products Pipeline Transport market deals and developments are considered for their potential impact on Refined Petroleum Products Pipeline Transport's future business. Other metrics analyzed include Threat of New Entrants, Threat of Substitutes, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Refined Petroleum Products Pipeline Transport Petroleum Products Pipeline Transport trade and price analysis helps comprehend Refined Petroleum Products Pipeline Transport's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Refined Petroleum Products Pipeline Transport price trends and patterns, and exploring new Refined Petroleum Products Pipeline Transport sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Refined Petroleum Products Pipeline Transport Petroleum Products Pipeline Transport Market Competitive IntelligenceThe proprietary company's revenue and product analysis model unveils the Refined Petroleum Products Pipeline Transport market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Refined Petroleum Products Pipeline Transport products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Refined Petroleum Products Pipeline Transport market update to stay ahead of the offerings in different segments across Asia-Pacific, Europe, Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Refined Petroleum Products Pipeline Transport market. The competition analysis enables the user to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market Insights Refined Petroleum Products Pipeline Transport Market Continued growth in global demand for refined petroleum products, driven by industrial growth and urbanization. Technological advancements in pipeline monitoring and leak detection systems, improving operational efficiency and safety. Increasing focus on integrating renewable energy sources such as biofuels and hydrogen into pipeline infrastructure. Rising investments in pipeline infrastructure, particularly in emerging markets to meet growing fuel consumption needs. Regulatory pressures to reduce carbon emissions and improve environmental sustainability of pipeline operations. Growing global energy consumption and demand for refined petroleum products, driving the need for efficient transportation solutions. Expansion of industrialization and urbanization, leading to increased transportation requirements for refined fuels. Technological advancements in pipeline monitoring and leak prevention, enhancing safety and operational efficiency. Investment in pipeline infrastructure and modernization efforts to expand capacity and meet growing fuel consumption needs. Adapting existing pipeline infrastructure to accommodate renewable fuels and addressing environmental concerns related to petroleum transportation. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $47 Billion Forecasted Market Value (USD) by 2034 $80.4 Billion Compound Annual Growth Rate 6.1% Regions Covered Global Companies Featured Buckeye Partners L.P Shell Pipeline Company LP NuStar Energy L.P. DTE Pipeline Company LLC Gulf South Pipeline Company LP Rockwell Automation Inc. Schneider Electric SE Environmental Systems Research Institute Inc. ABB Ltd. FMC Technologies Inc. Alcatel-Lucent Enterprise International SAS Siemens Aktiengesellschaft Trimble Inc. Emerson Electric Co. Alstom SA Vertiv Group Corporation Magellan Midstream Partners L.P. Enterprise Products Partners L.P. Kinder Morgan Inc. TC Energy Corporation Enbridge Inc. Colonial Pipeline Company Marathon Petroleum Corporation Phillips 66 Partners LP Valero Energy Corporation Holly Energy Partners Plains GP Holdings SemGroup Corporation Targa Resources Corp. TransMontaigne Partners L.P. Blueknight Energy Partners L.P. Cheniere Energy Inc. Dominion Energy Inc. Refined Petroleum Products Pipeline Transport Market Segmentation By Product Type Gasoline Fuel Oils Kerosine By Services Managed Service Maintenance and Support By Applications Offshore By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Refined Petroleum Products Pipeline Transport Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
