Plurilock Security announces 1Q financial numbers showing a doubling of revenue
Vancouver
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June 06, 2023 01:58 PM Eastern Daylight Time
Plurilock Security CEO Ian L. Paterson joined Steve Darling from Proactive to share news the company has released its first-quarter financial numbers and the strategic acquisitions of Integra and Atrion appear to be paying off, with a doubling of revenue year over year to 15.8 million dollars. Gross margins have also increased to 13.6% in 1Q 2023 from 6.6% in Q1 2022. The company also saw 16 sale orders and contract renewals. Plurilock remains open to potential acquisitions, taking advantage of market opportunities.
Paterson also told Proactive the company has made a key hire, naming Scott Myers as its new chief financial officer. Paterson telling Proactive Myers has 20 years of experience working at large multinational firms including Canadian Komatsu Ltd., Schneider Electric SE, Kinectrics, Liberty Health Sciences and React Gaming Group.
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