Plurilock Security Inc. Reports Second Quarter 2026 Financial Results

Executing on Increasing Margins, Reducing Costs * 44% Critical Services gross margin in Q2 2026, up from 25% in Q2 2025 and 34% in Q1 2026 * 17% consolidated gross margin in Q2 2026, up from 11% in Q2 2025 and 14% in Q1 2026 * 38% reduction in operating expenses year-over-year, down to $2.2M in Q2 2026 from $3.6M in Q2 2025 and down 12% from $2.5M in Q1 2026 Vancouver, British Columbia--(Newsfile Corp. - August 26, 2026) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), a global cybersecurity solutions provider, today announces its financial results for the three and six months ended June 30, 2026. All dollar figures are stated in Canadian dollars, unless otherwise indicated.

"We made meaningful progress in the second quarter toward the financial and operational objectives we established for 2026," said Ian L. Paterson, CEO of Plurilock. "Importantly, the quality of our revenue continued to improve. We intentionally placed strategic focus on higher margin engagements leading gross profit to increase by approximately 4%, while consolidated gross margin expanded by 5.9% to 17.3% compared to 11.4% in Q2 2025. This demonstrates that our strategic shift toward higher-margin critical services and solutions is translating into improved economics."