Titan Logix Corp. Reports Its Fiscal 2026 Q3 and YTD Financial Results

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, 2026. "We are seeing repeat sales with OEM accounts in refined petroleum," says Nick Forbes, CEO at Titan. "We will continue onboarding key accounts in the fourth quarter to position the company for growth in fiscal 2027." Through the first nine months of fiscal 2026, the Company has generated approximately $494 in revenue from the refined petroleum product line. Revenue generated in the third quarter from the refined petroleum product line were from new tanker builds, the majority of which were reorders from OEMs that were onboarded earlier this fiscal year. The company will continue to focus on onboarding key OEM and dealer accounts for the remainder of the fiscal year. We estimate the new truck tank builds for the refined petroleum market to be between 1,200 and 1,400 units in calendar 2026, an increase of approximately 20% from last year's build numbers. These builds are comprised of single compartment refuelers, 3-5 compartment refuelers, and 7-10 compartment lubricant delivery trucks. The traction we are seeing is largely driven by the extended measurement range of our new ClearView probe and the Liquid Controls LCR.iQ integration capability. YTD & Q3 FISCAL 2026 HIGHLIGHTS Revenue: Q3 fiscal 2026 revenue increased by $38 or 3% to $1,527 from $1,489 in Q3 fiscal 2025. For the nine months ended May 31, 2026, revenue decreased by $517 or 10% to $4,628 from $5,145 in fiscal 2025, reflecting particularly strong results in Q1 fiscal 2025. Cost of sales: Q3 cost of sales increased 8% to $720, representing 47% of revenues, up from $665 or 45% of revenues in Q3 fiscal 2025. For the nine-month period ended, cost of sales increased ...