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PUDO Fiscal Q1 Loss Narrows on a 64% Rise in Revenue
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PUDO Fiscal Q1 Loss Narrows on a 64% Rise in Revenue
Jul 10, 2025 2:06 PM

04:32 PM EDT, 07/10/2025 (MT Newswires) -- PUDO ( PDPTF ) on Thursday said its fiscal first-quarter loss narrowed on higher revenue.

The parcel delivery company said it lost $34,977 in the quarter ended May 31, compared to a loss of $108,898 in the year-prior period.

Revenue rose 64% to $1.4 million from $0.86 million.

"The very strong growth that we experienced in Q4 of FY 2025 continued into the first quarter of FY 2026 with revenue increasing 64% year-over-year to CAD$1.4 million . This growth is fueled by the increases we have seen in our returns business, which saw volume increase by more than 500%," chief executive Elliott Etheredge said in a release.

PUDO ( PDPTF ) shares closed unchanged at $0.30 on the Canadian Securities Exchange.

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