New Risk • Jun 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.65m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$447k). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m (CA$370k revenue, or US$266k). Market cap is less than US$10m (€8.65m market cap, or US$9.97m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Aankondiging • Jun 05
Principal Technologies Inc. announced that it expects to receive CAD 1.1015 million in funding Principal Technologies. has announced non-brokered private placement offering 2,203,000 common shares of the company at the price of CAD 0.50 for the gross proceeds of CAD 1,101,500 On June 3, 2026. The Common Shares to be issued in connection with the Offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities legislation. Completion of the Offering remains subject to the receipt of al requisite approvals, including acceptance by the TSX Venture Exchange. No finder's fees are payable in respect of this offering. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Chairman of the Advisory Board Gerald Rainer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Dec 16
Principal Technologies Inc. announced that it has received CAD 1.2 million in funding On December 15, 2025, Principal Technologies Inc. closed the transaction. The company issued 4,000,000 common shares at a price of CAD 0.30 per Common Share for gross proceeds of CAD 1,200,000. The Common Shares are subject to a statutory hold period expiring April 16, 2026, being the date that is four months and one day from the date of issuance in accordance with applicable Canadian securities legislation. The Offering remains subject to final acceptance by the TSX Venture Exchange. A significant shareholder of the Company participated in the Offering by purchasing an aggregate of 1,000,000 of the Common Shares. Aankondiging • Nov 28
Principal Technologies Inc. announced that it expects to receive CAD 1.2 million in funding Principal Technologies Inc announced a non brokered private placement to issue 4,000,000 common share at an issue price of CAD 0.30 for the proceeds of CAD 1,200,000 on November 27, 2025. The common shares to be issued in connection with the offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities legislation. The offering is subject to the receipt of all requisite approvals, including the acceptance of the TSX Venture Exchange. An insider of the company will be participating in the offering. Aankondiging • Nov 01
The management of E&E Cro Consulting GmbH agreed to acquire 60% stake in E&E Cro Consulting GmbH from Principal Technologies Inc. (TSXV:PTEC) in a management buyout transaction. The management of E&E Cro Consulting GmbH agreed to acquire 60% stake in E&E Cro Consulting GmbH from Principal Technologies Inc. (TSXV:PTEC) in a management buyout transaction on October 31, 2025. A cash consideration will be paid by the buyer. As part of consideration, an undisclosed value is paid towards common equity of E&E Cro Consulting GmbH.
The transaction is subject to receipt of all requisite corporate and regulatory approvals, including the acceptance of the TSX Venture Exchange. Aankondiging • Aug 01
Principal Technologies Inc. announced that it has received CAD 3.456775 million in funding from RLOX Beteiligung GmbH On July 31, 2025. Principal Technologies Inc. announced that it has closed the transaction. Aankondiging • May 12
Principal Technologies Inc. announced that it has received CAD 1.03 million in funding On May 12, 2025, Principal Technologies Inc closed the transaction. The company issued 4,120,000 common shares of the Company at a price of CAD 0.25 per common share raising aggregate proceeds of CAD 1,030,000. No finder's fees were paid in the transaction. The Offering remains subject to final acceptance by the TSX Venture Exchange. The transaction included participation from Marcus Mair for 1,000,000 Shares. The Common Shares are subject to a statutory hold period expiring September 10, 2025, being the date that is four months and one day from the date of issuance. Aankondiging • May 03
Principal Technologies Inc. announced that it expects to receive CAD 0.25 million in funding Principal Technologies Inc. announced a non-brokered private placement that it will issue 1,000,000 common shares of the Company at an issue price of CAD 0.25 per share for the gross proceeds of up to CAD 250,000 on May 2, 2025. The Offering is fully allocated to a significant shareholder of the Company and no finder's fees are applicable. The Common Shares to be issued in connection with the Offering will be subject to the statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities legislation. The Offering is subject to the receipt of all requisite approvals, including the acceptance of the TSX Venture Exchange. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended. Aankondiging • Apr 16
Principal Technologies Inc., Annual General Meeting, Jun 27, 2025 Principal Technologies Inc., Annual General Meeting, Jun 27, 2025. Aankondiging • Nov 27
Principal Technologies Inc. announced that it has received CAD 0.085621 million in funding On November 26, 2024, Principal Technologies Inc. closed the transaction. It has issued 342,484 units at a price of CAD 0.25 per unit for gross proceeds of up to CAD 85,621. The transaction is subject to the final approval from the TSX Venture Exchange. Aankondiging • Sep 20
Principal Technologies Inc. announced that it expects to receive CAD 1 million in funding Principal Technologies Inc. announced a non-brokered financing of up to 4,000,000 units at CAD 0.25 for gross proceeds of up to CAD 1,000,000 on September 19, 2024. Each unit will consist of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Share of the Company at CAD The Company anticipates that the Private Placement will close on or about October 16, 2024, subject to the receipt of all necessary regulatory approvals, including approval from the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period in accordance with applicable Canadian securities laws.0.30 for a period of 2 years from the date of closing Aankondiging • Sep 11
Principal Technologies Inc. announced that it has received CAD 2 million in funding On September 10, 2024, Principal Technologies Inc. closed the transaction. The Company received the conditional approval from the TSX Venture Exchange and is proceeding with the satisfaction of the conditions required for the final approval of the TSXV Aankondiging • Apr 04
Principal Technologies Inc. announced that it expects to receive CAD 1 million in funding Principal Technologies Inc. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.25 per unit for gross proceeds of up to CAD 1,000,000 on April 3, 2024. Each unit will consist of one common share of the company and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional share of the company at CAD 0.30 for a period of two years from the date of closing. In connection with the Private Placement, pursuant to the policies of the TSX Venture Exchange, the deemed price of the 2,500,000 common shares issuable by the company as partial consideration for the acquisition of Vivostat shall be revised to the Offering Price. The Private Placement is subject to approval of the Exchange and all securities of the company issued pursuant to the Private Placement will be subject to a four month hold period from the date of issuance. The Private Placement will not result in the creation of a new control person of the company. Aankondiging • Feb 07
Principal Technologies Inc. (TSXV:PTEC) entered into an arm's length binding share purchase agreement to acquire Vivostat A/S for €7.5 million. Principal Technologies Inc. (TSXV:PTEC) entered into an arm's length binding share purchase agreement to acquire Vivostat A/S for €7.8 million on February 6, 2024. Principal Technologies will pay approximately €7.5 million in cash plus 2.5 million common shares in the capital of the company at a price of $0.15, based on the last closing price of the common shares on the TSX-V prior to this announcement, to the owners of Vivostat, as adjusted under the SPA. The Company has received an expression of interest from a major European fund with respect to financing the acquisition and also expects to close a concurrent non-brokered equity offering to be priced in the context of the market after the announcement of the Acquisition. Vivostat currently generates approximately €3.6 million in revenues per year. All of Vivostat's key employees will remain with the Company. The Company expects to pay a 1% finder's fee in relation to the acquisition of Vivostat, subject to approval of the TSX-V. The transactions contemplated by the SPA and Offering are subject to receipt of all necessary regulatory approvals and the satisfaction of various conditions to closing, including the approval of the TSX-V. The Offering remains subject to entering into definitive documentation. The Shares issued pursuant to SPA will be subject to a hold period expiring four months and one day from the date of issuance in accordance with applicable Canadian securities laws. Transaction is expected to close on or before March 15, 2024. Aankondiging • Jan 19
Principal Technologies Inc. announced that it has received CAD 1.498975 million in funding On January 18, 2024, Principal Technologies Inc. closed the transaction. The company issued 833,333 common shares at an issue price of CAD 0.15 per Share for gross proceeds of CAD 124,999.95 in the third and final tranche bringing the total offering to 9,993,166 Shares for aggregate gross proceeds of CAD 1,498,974.95. In connection with the closing of Tranche 3, finder’s fees totaling CAD 4,000 cash were paid and non-transferable share purchase warrants issued to purchase up to 26,667 Shares of the Company for a period of 24 months from the date of issuance, expiring on January 18, 2026. All securities issued pursuant to the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. The transaction was oversubscribed. New Risk • Dec 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$424k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$424k free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m (CA$517k revenue, or US$390k). Market cap is less than US$10m (€2.33m market cap, or US$2.57m). Minor Risk Shareholders have been diluted in the past year (41% increase in shares outstanding). Reported Earnings • Dec 02
Full year 2023 earnings released: CA$0.055 loss per share (vs CA$0.076 loss in FY 2022) Full year 2023 results: CA$0.055 loss per share (improved from CA$0.076 loss in FY 2022). Revenue: CA$425.6k (up 25% from FY 2022). Net loss: CA$1.03m (loss narrowed 24% from FY 2022). New Risk • Oct 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 62% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 65% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Revenue is less than US$1m (CA$399k revenue, or US$292k). Market cap is less than US$10m (€3.01m market cap, or US$3.17m). Aankondiging • Oct 07
Principal Technologies Inc. announced that it expects to receive CAD 0.9 million in funding Principal Technologies Inc has announced non-brokered private placement to issue 6,000,0000 common shares at a price of CAD 0.15 per share for gross proceeds CAD 900,000. The company may pay a finder's fee in connection to eligible finders, in accordance with the policies of the exchange and applicable securities laws, consisting of: (i) a cash commission of up to 8% of the gross proceeds of the private placement; and (ii) a number of common share purchase warrants equal to up to 8 per cent of the number of shares sold pursuant to the private placement. Each finder's warrant will entitle the holder thereof to acquire one share at a price of CAD 0.20 for a period of 24 months from the date of issuance. The transaction is subject to approval of the exchange, and all shares and securities of the company issued pursuant to the transaction, will be subject to a four-month hold period from the date of issuance. The transaction will not result in the creation of anew control person of the company. Aankondiging • Oct 06
Principal Technologies Inc., Annual General Meeting, Dec 12, 2023 Principal Technologies Inc., Annual General Meeting, Dec 12, 2023. Board Change • Sep 28
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman Prince Alfred is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 