05:35 PM EDT, 04/02/2024 (MT Newswires) -- NamSys ( NMYSF ). (CTZ.V), a provider of technology for cash processing and transportation, on Tuesday said its fiscal first-quarter profit rose on higher revenue..

The company said revenue for the quarter ending Jan.31 rose to C$1.5 million, up 6% from $1.4 million in the year-prior quarter. while its profit rose 12% to C$425,584, or C$0.02 per share from C$378,864. o0r C$0.01 per share.

The company purchased and cancelled an additional 120,300 common shares. A total of 187,300 shares have been purchased and cancelled as part of the Normal Course Issuer Bid that commenced Aug. 30, 2023.