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Advantex Reports Q3 Loss Despite Higher Revenues
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Advantex Reports Q3 Loss Despite Higher Revenues
May 26, 2025 2:32 PM

05:21 PM EDT, 05/26/2025 (MT Newswires) -- Advantex Marketing International ( ATXMF ) after close of trade Monday reported a net loss for Q3 2025 of $450,000, despite higher revenues.

This was despite total revenue for Q3 2025 of $1.05 million, an increase of 38% from $0.76 million in Q3 2024, driven by business generated through new broker relationships and "continued uptake in the Aeroplan program." Revenue from the Aeroplan program grew 159% to $0.54 million in Q3 2025, compared to $0.21 million in Q3 2024. The increase was driven by higher merchant participation and the continued success of the MCA Aeroplan product.

Advantex said it remains committed to growing its MCA and Aeroplan programs while optimizing operational efficiencies. "With inflation stabilizing and anticipated interest rate reductions from the Bank of Canada, the company said it is cautiously optimistic about future growth. However, challenges remain, including economic headwinds and the potential need for additional capital to expand its MCA program."

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