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CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8% CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8%
Earnings

Scryb's Cybeats loses $856,431 in Q2 2025

By The Northwire Desk — AI Analysis Sep 03, 2025 · 17:21 NP · 0.095 Scryb Inc
NP · Price

Executive Summary

  • Scryb Inc. reported financial results for its third quarter ended June 30, 2025, reflecting a transition to equity accounting for its largest holding, Cybeats Technologies Corp., following the deconsolidation in November 2024.
  • Cybeats Technologies reported strong Q2 2025 financials, with revenue increasing 51% year-over-year to $744,664 and net loss improving significantly by 164% to $856,431.
  • Cybeats secured a $3.2 million financing post-quarter-end, expanded its client base, and announced its strongest sales pipeline in history, including partnerships with major industrial leaders.

Key Details

  • Scryb Inc. Q3 2025 Context:
    • Transitioned to equity accounting for Cybeats following deconsolidation in November 2024.
    • Balance sheet improvements driven by portfolio realignment, disciplined expense control, and simplification.
    • Scryb maintains a 75-million-common-share position in Cybeats, representing approximately 40% of Cybeats' issued and outstanding shares.
  • Cybeats Technologies Q2 2025 Financial Highlights (Three months ended June 30, 2025):
    • Revenue: $744,664, an increase of 51% ($252,333) compared to $492,331 in Q2 2024.
    • Net Loss: $(856,431), an improvement of 164% ($1,405,103) compared to a loss of $(2,261,534) in Q2 2024.
    • Growth Drivers: Addition of new customers and expansion of existing customer base; operational efficiencies reduced net loss.
  • Cybeats Operational Updates:
    • Secured multiple client expansions and established strategic partnerships, including channel and white-label arrangements.
    • Completed a $3.2 million financing following the quarter-end.
    • Reported the strongest pipeline in company history with potential customers in various stages (POCs, planned POCs, and pilots).
    • SBOM Studio adoption continues across critical infrastructure and industrial control systems, with global leaders such as Emerson Electric, Rockwell Automation, Schneider Electric, and Johnson Controls.

Notable Quotes

  • No direct quotes from executives were included in the provided text.
Read the original news release →

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