Reported Earnings • May 29
Second quarter 2026 earnings released: CA$0.001 loss per share (vs CA$0.004 loss in 2Q 2025) Second quarter 2026 results: CA$0.001 loss per share (improved from CA$0.004 loss in 2Q 2025). Revenue: CA$842.1k (down 16% from 2Q 2025). Net loss: CA$54.0k (loss narrowed 85% from 2Q 2025). Announcement • Apr 29
Urban Infrastructure Group Inc., Annual General Meeting, Jun 26, 2026 Urban Infrastructure Group Inc., Annual General Meeting, Jun 26, 2026. Board Change • Apr 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Founder, CEO & Director Gary Alves is the most experienced director on the board, commencing their role in 2024. Independent Director Magaly Bianchini was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 03
First quarter 2026 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 1Q 2025) First quarter 2026 results: CA$0.001 loss per share (improved from CA$0.003 loss in 1Q 2025). Revenue: CA$1.42m (up 1.6% from 1Q 2025). Net loss: CA$79.8k (loss narrowed 73% from 1Q 2025). Board Change • Feb 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Founder, CEO & Director Gary Alves is the most experienced director on the board, commencing their role in 2024. Independent Director Magaly Bianchini was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Feb 02
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Founder, CEO & Director Gary Alves is the most experienced director on the board, commencing their role in 2024. Independent Director Magaly Bianchini was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Dec 03
Urban Infrastructure Group Inc. Appoints Marcus Gillam to Board of Directors Urban Infrastructure Group Inc. announced the appointment of Mr. Marcus Gillam to the board of directors of the Corporation. Mr. Gillam is currently the Chief Executive Officer of Gillam Group Inc. As Chief Executive Officer, he has overseen the growth of Gillam Group from inception to a thriving business with a staff of over 130 people, successfully completing complex and challenging projects throughout the Ontario market. Mr. Gillam is a project management specialist with over 30 years of experience in the planning and delivery of a wide range of complex construction projects. He has successfully delivered many projects in various sectors and internationally, including through the Ontario alternate finance procurement route, with a focus on extensive pre-construction planning, design management and risk management techniques. He has worked as a superintendent, estimator, project manager, engineer, client representative, infrastructure developer and executive. He brings a wide perspective and strong capability to the design, approvals and construction stages of each project. Mr. Gillam has been an integral part of many award-winning projects and he is a recipient of a Toronto Construction Association "Best of the Best" award and a British Construction Industry Award. Board Change • Nov 12
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Founder, CEO & Director Gary Alves is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 30
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Founder, CEO & Director Gary Alves is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Sep 04
Urban Infrastructure Group Inc. announced that it expects to receive CAD 0.5 million in funding Urban Infrastructure Group Inc. announced that it will issue loan notes up to CAD 5,000,000 in a funding round on September 3, 2025. The company bears interest at a rate of 12% per annum and is evidenced by a promissory note with an aggregate of 5,000,000 common share purchase warrants at an exercise price of CAD 0.05 per share for a period of one year from the date of the promissory notes. Reported Earnings • Sep 01
Third quarter 2025 earnings released: CA$0.003 loss per share (vs CA$0.009 loss in 3Q 2024) Third quarter 2025 results: CA$0.003 loss per share (improved from CA$0.009 loss in 3Q 2024). Revenue: CA$1.47m (up 122% from 3Q 2024). Net loss: CA$264.3k (loss narrowed 71% from 3Q 2024). Board Change • Jun 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Nick Thadaney was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 30
Second quarter 2025 earnings released: CA$0.004 loss per share (vs CA$0.33 loss in 2Q 2024) Second quarter 2025 results: CA$0.004 loss per share (improved from CA$0.33 loss in 2Q 2024). Revenue: CA$1.00m (down 35% from 2Q 2024). Net loss: CA$367.7k (loss narrowed 80% from 2Q 2024). Announcement • May 29
Urban Infrastructure Group Inc. Announces Board and Executive Appointments Urban Infrastructure Group Inc. announced that Luca Filice has been appointed as chief operating officer. Luca brings a wealth of experience and industry relationships across both the construction and financial sectors. Steve Kaszas joins the board. Board Change • May 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Di Cristofaro was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 20
Urban Infrastructure Group Inc., Annual General Meeting, May 27, 2025 Urban Infrastructure Group Inc., Annual General Meeting, May 27, 2025. Reported Earnings • Mar 02
First quarter 2025 earnings released First quarter 2025 results: CA$0.003 loss per share. Revenue: CA$1.40m (down 29% from 1Q 2024). Net loss: CA$289.6k (down 152% from profit in 1Q 2024). New Risk • Feb 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$6.79m market cap, or US$4.67m). Board Change • Dec 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Di Cristofaro was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 24
Urban Infrastructure Group Inc. Begins Work on 400+ New Residential Units in Southern Ontario Urban Infrastructure Group Inc. announced that crews have been deployed and work has begun on two new residential housing projects totaling 400+ units across the Greater Toronto Area (GTA). The Company has broken ground on its newest residential development project located in Pickering, Ontario, where it will begin foundation concrete pouring (basement, garages and porches) and sewer utility pipe service installation on approximately 162 new residential units. Additionally, Urban reports it has also started work on a second new large-scale, multi-phase, multi-year residential development in Oakville, Ontario totalling 242 new units. UIG has completed 500+ new unit builds in Fiscal 2024. Its current Bid Pipeline sits at $31 Million+ (2,800+ units) and the Contracted Pipeline currently sits at $8 Million (650+ units). Urban defines Bid Pipeline as all tenders or RFP's that Urban has been invited to bid on and for which the Company has submitted a bid. Contracted Pipeline is defined as the subset of the Bid Pipeline that has been confirmed as awarded by the customer to Urban. New Risk • Jun 21
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (147% average daily change). Market cap is less than US$10m (CA$12.5m market cap, or US$9.15m). New Risk • Jun 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.93m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$165k free cash flow). Share price has been highly volatile over the past 3 months (160% average daily change). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.93m). Minor Risk Less than 3 years of financial data is available. New Risk • May 03
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$165k 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$165k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (CA$18.8m market cap, or US$13.8m). Board Change • Mar 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Di Cristofaro was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 03
Urban Utilities Contractors Inc. entered into a binding letter of intent to acquire Deal Pro Capital Corporation (TSXV:DPCC.P) for CAD 15 million in a reverse merger transaction. Urban Utilities Contractors Inc. entered into a binding letter of intent to acquire Deal Pro Capital Corporation (TSXV:DPCC.P) for CAD 15 million in a reverse merger transaction on October 30, 2023. Pursuant to the terms of the LOI, DPCC intends to acquire all of the issued and outstanding shares of Urban for an aggregate purchase price of approximately CAD 15 million. The Purchase Price will be satisfied through the issuance of an aggregate of 100 million common shares in the capital of the Company at a price of CAD 0.15 per Consideration Share. In connection with the Acquisition, Resulting Issuer will change its name to “Urban Infrastructure Group Inc.” or any other such name that is acceptable to Urban. Upon completion of the Acquisition it is proposed that the board of directors and management of the Resulting Issuer will consist of Gary Alves, Director & Chief Operating Officer; Ungad Chadda, Director & Chief Executive Officer; Harold Wolkin, Director; Magaly Bianchini, Director; Nicholas Thadaney, Director; Mark Di Cristofaro, Director; Jennifer Rebecca Labrecque, Director; John Ross, Chief Financial Officer. In connection with the Acquisition, the parties intend to complete a financing of securities of Urban for gross proceeds of up to CAD 5 million, which will be used for the working capital requirements of the Resulting Issuer.
Closing of the Acquisition is subject to a number of conditions including but not limited to satisfactory due diligence investigations, the negotiation and execution of the Definitive Agreement, receipt of all required shareholder, if required, regulatory and third-party approvals and consents, including that of the Exchange and satisfaction of other customary closing conditions. 