Agereh Technologies loses $353,813 in 2025

Mr. Ken Brizel reports AGEREH TECHNOLOGIES INC. ANNOUNCES 2025 AUDITED FINANCIAL STATEMENTS Agereh Technologies Inc. has filed its audited consolidated financial statements and management's discussion and analysis (MD&A) for the year ended Dec. 31, 2025. The filings are available under the company's profile on SEDAR+. 2025 financial and operational highlights: Generated revenue of $69,768 (2024: $4,427), marking the company's transition into commercial operations; Achieved gross margin of approximately 54 per cent; Reduced total operating expenses to $657,704 from $2,274,196 in 2024; Improved net loss to $353,813, compared with $2,627,620 in 2024; Increased cash position to $507,711 (2024: $6,340); Completed equity financings totalling approximately $1.68-million; Executed significant debt restructuring, strengthening the company's financial position. Audit opinion The company's independent auditor, MNP LLP, has issued an unmodified audit opinion on the consolidated financial statements for the year ended Dec. 31, 2025. The audit report includes a material uncertainty related to going concern, reflecting the company's current working capital deficit and requirement for additional financing as it continues to scale operations. Chief executive officer commentary "We made a decisive shift in 2025 from development to commercialization," said Ken Brizel, CEO of Agereh Technologies. "We not only generated our first meaningful revenue, but we did so while significantly reducing our cost base and strengthening our capital structure. "Our platform is now deployed and delivering value in real-world environments. With strong gross margins and a scalable SaaS model, we believe we are well positioned to accelerate revenue growth in 2026 and beyond. Our focus is now on execution -- expanding deployments, growing recurring revenue and converting our pipeline into long-term customer relationships." Financial position As at Dec. 31, 2025: Total assets: $745,066 (2024: $112,168); Cash: $507,711 (2024: $6,340); Total liabilities: $6,305,486; Shareholders' deficit: $5,560,420. The company also reported a working capital deficit of $800,637 and continues to actively manage its capital structure through financing and restructuring initiatives. Business outlook Agereh is entering 2026 with a clear focus on scaling its commercial operations and building recurring revenue streams. Key priorities include: Expanding commercial deployments across transportation and infrastructure markets; Growing subscription-based SaaS (software-as-a-service) revenue; Diversifying its customer base; Continuing to optimize operating efficiency. The company believes its combination of AI-driven (artificial intelligence) sensing technology and recurring revenue model positions it for long-term growth. About Agereh Technologies Inc. Agereh Technologies is a Canadian-based artificial intelligence and advanced technology company, delivering AI-enabled platforms and sensor solutions to address critical challenges in the transportation industry. By combining accurate data collection, predictive intelligence and data-driven decision-making for transportation and infrastructure applications, Agereh continues to expand its portfolio with solutions designed to enhance efficiency, optimize operations and enable the next generation of intelligent transportation systems. We seek Safe Harbor.