Northwire Canada EditionThursday, October 15, 2026
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Earnings Routine −

Cybeats Technologies Corp. Announces First Quarter Fiscal 2026 Financial Results

Cybeats Technologies Corp. - Software Supply Chain Security & SBOM Management

Executive Summary
  • Cybeats Technologies reported Q1 Fiscal 2026 financial results, delivering $763,679 in revenue, a 12% year-over-year increase.
  • Net loss widened to $2,430,993, primarily driven by $1,572,206 in non-cash stock-based compensation expenses. Cash loss was $857,087.
  • Cash position declined sharply to $1,072,900 at quarter-end, down from $2,751,202 at year-end 2025.
  • The company executed a $1.2M shares-for-debt transaction with Scryb, secured an OEM distribution partnership with Keysight Technologies, and entered the automotive sector with a new contract.
  • Management projects reaching approximately $5 million in Annual Recurring Revenue (ARR) by the end of Q2 2026.
  • A live investor webinar was scheduled for June 1, 2026, to review results and answer questions.
Material Impact
  • Revenue growth decelerated significantly to 12% YoY, contrasting with the 40-47% growth seen in Q3 and Q4 of Fiscal 2025. This slowdown suggests market saturation in existing verticals or slower sales cycle execution.
  • The cash position drop to $1.07M is a critical negative development. With a monthly cash burn of ~$857k, the company has approximately 1.2 months of runway remaining. This strongly implies an imminent equity financing or dilutive capital raise.
  • Strategic partnerships (Keysight OEM, automotive contract) are positive long-term catalysts, but revenue recognition from these deals will lag, failing to offset near-term cash burn.
  • The $5M ARR target by end of Q2 2026 is highly aggressive given the current ~$3M annualized run rate. Missing this target could trigger further negative sentiment.
  • Overall, the news is routine for a quarterly earnings release but carries negative material implications due to accelerating cash burn and decelerating top-line growth.
CYBT · Price
Company Overview
  • Cybeats Technologies Corp. develops software supply chain security solutions, specifically SBOM (Software Bill of Materials) management platforms.
  • Flagship products: SBOM Studio (enterprise management layer for identification, enrichment, governance, and continuous monitoring) and SBOM Consumer (ingest, analyze, validate, and monitor incoming SBOMs at scale).
  • Target markets: Industrial automation, aerospace & defense, automotive, telecommunications, and critical infrastructure.
  • Value proposition: Helps organizations manage software vulnerabilities, ensure regulatory compliance, and improve operational reliability by treating SBOMs as living operational assets rather than static documents.
Read the original news release →

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