Cybeats Technologies Corp. Announces Third Quarter Fiscal 2025 Financial Results

Executive Summary

• Q3 FY2025 revenue rose 47% year‑over‑year to $751,695, driven by new and expanded customers.
• Net loss narrowed sharply to $(646,833) from $(1,617,814) a year earlier, an improvement of $970,982 (≈60%).
• The company completed a $3.2 M LIFE financing (32.4 M units) and closed a $1.4 M private placement, strengthening the balance sheet and funding growth initiatives.

Key Details

• Revenue: $751,695 in Q3 2025 vs. $510,404 in Q3 2024 (+47%).
• Net Loss: $(646,833) in Q3 2025 vs. $(1,617,814) in Q3 2024 (improvement of $970,982).
• Cash Position: $1,563,445 at September 30 2025, up $1,528,346 from $35,099 on December 31 2024.
• Financing – LIFE Offering: Closed $3.2 M financing; 32.4 M units issued to fund commercial scale‑up, R&D, and working capital.
• Debt Reduction: Settled $1.5 M of indebtedness and converted $1.4 M of debentures into equity, reducing leverage.
• Private Placement: Non‑brokered placement with IFCM MicroCap Fund LP for gross proceeds of $1.4 M; proceeds earmarked for sales, marketing, and general corporate initiatives.
• Contract Extension: Multi‑year renewal with Schneider Electric for SBOM Studio and SBOM Consumer solutions, highlighting organic growth within existing enterprise accounts.
• Outlook: Management projects revenue run‑rate to reach approximately $5 M by end of Q2 2026, based on current pipeline and market demand.

Notable Quotes

“Cybeats continues to make steady progress in expanding its footprint across key industries as regulatory focus on software supply chain security intensifies,” – Justin Leger, CEO
“We’re seeing healthy organic growth within our existing customer base and are advancing partnerships that will enhance our sales capabilities and unlock new customer channels.” – Justin Leger, CEO