Technologies Mswipe Reports 11% Drop in Sales, Net Earnings Surge to $523K for 2025

Reuters
24 Jul
Technologies Mswipe Reports 11% Drop in Sales, Net Earnings Surge to $523K for 2025

9323-9044 Quebec Inc., also known as Technologies MSwipe and a subsidiary of Alt5 Sigma Corporation, has released its financial results for the fiscal year ended April 30, 2025. The company reported earnings from operations of $430.5 million, compared to $108.978 million in the previous fiscal year. This marks a substantial increase in operational performance. The company's earnings before provision for income taxes stood at $587.539 million, significantly up from the $145.89 million reported in the previous year. After accounting for income taxes of $64.49 million, Technologies MSwipe achieved net earnings of $523.049 million, a significant rise from $136.711 million in the prior fiscal year. The financial statements reflect the company's robust performance over the fiscal year, driven by its core business of selling hardware and software for credit card transactions and Interac. There have been no significant updates reported regarding changes in business operations.

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