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Last C$0.13 CAD
Change Today +0.01 / 8.33%
Volume 1.5K
PTE On Other Exchanges
As of 2:35 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

pioneering technology corp (PTE) Snapshot

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52 Week High
09/29/14 - C$0.20
52 Week Low
04/21/15 - C$0.08
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Average Volume 10 Days
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pioneering technology corp (PTE) Details

Pioneering Technology Corp. engages in the development, manufacture, and sale of energy-smart product solutions for residential and commercial markets in Canada and the United States. The company provides Safe-T-element, an electronically controlled solid cover plate installed on top of existing stovetop burners to prevent cooking fire; SmartBurner, an intelligent cooking system; Safe-T-sensor, a technology to prevent microwave fires and false alarms associated with microwave overcooking; Powergrill, a remotely controlled grill; Battery Eliminator, a batteryless control system for gas fireplaces; and Powerpak, which converts wasted energy into electricity that runs accessories or other appliances, as well as RangeMinder, a technology that prevents unattended cooking fires. It is also involved in developing Hydro-Free Furnace Fan that enables forced-air furnaces to run off the grid. The company licenses, markets, or sells its products and product components to original equipment manufacturers and/or through third party distribution channels. Pioneering Technology Corp. is based in Mississauga, Canada.

pioneering technology corp (PTE) Top Compensated Officers

Chief Executive Officer, President, Interim C...
Total Annual Compensation: C$156.0K
Compensation as of Fiscal Year 2014.

pioneering technology corp (PTE) Key Developments

PiPioneering Technology Corp. Reports Unaudited Financial Results for the Second Quarter and the Six Months Ended March 31, 2015

Pioneering Technology Corp. reported unaudited financial results for the second quarter and the six months ended March 31, 2015. For the quarter, the company reported revenue of $810,000 and gross margin of $548,000 (68%). For the six months, the company reported revenue for the first six months of fiscal 2015 is $2 million with a gross margin of $1.241 million (62%). Adjusted EBITDA for the six month period was $200,000 or approximately 10% of sales.

STAPLES to Offer Both Pioneering's SmartBurner and Safe-T-Sensor Products in the United States Through its Advantage Facility Solutions Group

Pioneering Technology Corp. announced that STAPLES will now offer both Pioneering's SmartBurner and Safe-T-sensor products in the United States through STAPLES Advantage Facility Solutions group, a commercial business to business (B2B) division of STAPLES Inc. Safe-T-sensor was engineered to help prevent microwave cooking fires and the false/nuisance alarms created by microwave cooking (student dorm rooms, office towers, hotels, hospitals and senior's residences) that result in dangerous situations. Safe-T-sensor also delivers a significant return on investment in these B2B channels by eliminating the lost productivity associated with false/nuisance alarms that result in building evacuations and fire service runs.

Pioneering Technology Corp. Reports Audited Earnings Results for the First Quarter Ended December 31, 2014

Pioneering Technology Corp. reported audited earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported revenue of approximately $1.2 million. Net income was $81,460. Adjusted EBITDA was $177,235. Revenue was driven by sales from all four of the company's cooking fire prevention products.


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