Cybeats Technologies loses $646,833 in Q3

Executive Summary

• Cybeats Technologies Corp. reported its third-quarter fiscal 2025 financial results, showing a 47% year-over-year increase in revenue and a significant reduction in net loss.
• The company completed a $3.2-million LIFE financing and strengthened its balance sheet by settling $1.5-million of indebtedness and converting $1.4-million of debentures into equity.
• Subsequent to the quarter-end, Cybeats closed a $1.4-million private placement and secured a multiyear contract extension with Schneider Electric, while reiterating a revenue run rate target of approximately $5-million by the end of Q2 2026.

Key Details

• Revenue: $751,695 for Q3 2025, compared to $510,404 in Q3 2024 (47% increase).
• Net Loss: $646,833 for Q3 2025, compared to $1,617,814 in Q3 2024 (60% improvement/reduction of $970,982).
• Cash Position: $1,563,445 as of Sept. 30, 2025, up from $35,099 at the end of FY 2024.
• Financing Activity (In-Quarter):
  • Completed a LIFE offering of 32.4 million units for gross proceeds of $3.2 million.
  • Settled $1.5 million of indebtedness.
  • Converted $1.4 million of debentures into equity.
• Subsequent Events:
  • Closed a $1.4 million non-brokered private placement with IFCM MicroCap Fund LP to support sales, marketing, and general corporate initiatives.
  • Secured a multiyear contract extension with Schneider Electric for SBOM Studio and SBOM Consumer solutions.
• Operational Highlights:
  • Growth driven by new customer additions and expansion of existing customer base.
  • SBOM Consumer launched commercially in early 2025; April 2025 release added integration with enterprise asset management systems.
  • Strong pipeline with opportunities spanning planned pilots, active POCs, and late-stage commercial negotiations.
• Business Outlook:
  • Management believes the company can increase its revenue run rate to approximately $5 million by the end of Q2 2026.
  • Growth strategy focuses on expanding adoption of SBOM management in critical infrastructure, industrial, and regulated markets (telecom, automotive, health care, energy, finance, national security).
  • Regulatory momentum from EU Cyber Resilience Act, NIS2, and emerging U.S. federal requirements is accelerating 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," said Justin Leger, chief executive officer of Cybeats. "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 and end-markets. As enterprise adoption of both SBOM Studio and SBOM Consumer accelerates, Cybeats remains focused on scaling commercial operations and converting market momentum into sustained growth."