VANCOUVER, BC, Feb. 26, 2026 /CNW/ - infinitii ai inc. ("infinitii ai" or the "Company") (CSE:IAI) (FSE: Y31) (OTC:CDTAF), a leader AI-driven predictive analytics software for Smart City water and Smart Industry infrastructure applications that rely on time-series data, today released its annual financial and operational highlights for the three-month period ended December 31, 2025, representing the second quarter ("Q2") of fiscal year 2026 ("FY2026"). A complete set of December 31, 2025 Financial Statements have been filed at www.sedarplus.ca.
Q2 FY2026 delivered sequential revenue improvement over Q1, as the Company closed an oversubscribed $610,000 convertible debenture financing that materially strengthened its balance sheet. Accounts payable declined 33%, establishing a significantly improved financial foundation to support stronger revenue execution in the second half of FY2026. The Company also experienced 100% customer retention from the end of its last fiscal year to the end of Q2.
Management commentary
"Closing an oversubscribed financing led by ThreeD Capital Inc. with strong participation from existing strategic investors and our executive team, is a clear signal of confidence in our direction," said Jean Charles Phaneuf, CEO of infinitii ai. "That capital has materially strengthened our balance sheet and given us the operational runway to pursue new growth opportunities from a position of financial stability. With our cost structure well managed and excellent customer retention, we have recently attracted two more large engineering services firms that can help us accelerate revenues in the second half of this fiscal year."
Financial highlights for Q2 2026
Q2 FY2026 revenue of $640,827 represents a 2.2% sequential improvement over Q1 FY2026 revenue of $626,828, reflecting stability in the Company's core recurring SaaS business with 100% customer retention from the end of its last fiscal year to the end of Q2.
Q2 FY2026 operating loss of $266,595 included $40,152 in non-cash share-based payments related to director-deferred share units granted in October 2025. Excluding this non-cash charge, the underlying operating loss improved sequentially from Q1.
Accounts payable and accrued liabilities of $442,636, a 33% reduction from ...
