Scryb has working capital of $1.2-million at Sept. 30

Executive Summary

• Scryb Inc. released its audited consolidated financial statements and management’s discussion and analysis for the fiscal year ended September 30, 2025 (FY2025).
• The company reported a materially strengthened balance sheet, including a significant reduction in liabilities and an improvement in working capital from a deficit to a surplus.
• Scryb holds a significant strategic stake in Cybeats Technologies Corp., representing approximately 39% of Cybeats' issued and outstanding shares.

Key Details

• Cybeats Holdings: Scryb holds 75 million shares of Cybeats Technologies Corp., representing approximately 39% of Cybeats' issued and outstanding shares.
• Valuation of Cybeats Stake: The 75 million Cybeats shares have a market value of approximately $12 million, based on a market price of 16 cents per share.
• Working Capital Improvement: Working capital improved by approximately $8 million year-over-year, moving from a $6.8 million deficit at September 30, 2024, to a surplus of approximately $1.2 million at September 30, 2025.
• Liability Reduction: Total liabilities were reduced by approximately 77% year-over-year, declining from $11.4 million at September 30, 2024, to approximately $2.6 million at September 30, 2025.
• Scryb Market Data: At market close on January 27, Scryb traded at 10 cents per share with a market capitalization of approximately $4.7 million.
• Strategic Outlook: Management highlighted a simplified corporate structure and a focused portfolio of growth investments, with plans to explore opportunities in digital assets and other areas to drive long-term value.

Notable Quotes

• "Fiscal 2025 was a pivotal year for Scryb. Through disciplined execution and strategic portfolio realignment, we materially strengthened our balance sheet and exited the year with improved liquidity and a streamlined corporate structure. This positions Scryb to focus on long-term value creation while maintaining significant exposure to Cybeats' upside as a strategic shareholder," said James Van Staveren, chief executive officer of Scryb.
• "Two thousand twenty-six represents an inflection point for Scryb. We enter the year with our strongest financial foundation to date, a focused portfolio of assets and significant optionality to pursue new investment opportunities. We expect continued growth in asset value and are actively exploring opportunities, including in digital assets, that we believe can drive long-term value for shareholders," said Daniel Proska, president of Scryb.