Visionstate looks back at 2025, ahead to 2026

Executive Summary

• Visionstate Corp. provided a strategic review of its 2025 investments and outlined growth objectives for 2026, highlighting a shift toward recurring subscription revenue and operational profitability.
• The company reported increasing subscription momentum, with late-2025 on-boardings under Ontario's Bill 190 transitioning to active billing in early 2026.
• Key operational milestones include the first confirmed international installation in Australia and a new pilot partnership in the United States involving custom development.

Key Details

• 2025 Strategic Investments: The company focused on three core initiatives:
  • Mira Inspections: A mobile-first inspection and verification platform.
  • TidyLogic AI: An analytics engine designed to convert operational data into actionable insights.
  • WandaLITE (CleanWatch): A streamlined implementation of the Wanda platform for rapid deployment in facilities subject to Ontario's Bill 190 requirements.
• Subscription Activity: Subscriptions on-boarded in late 2025 under Bill 190 are transitioning to active billing effective immediately. The company is advancing a group of subscription renewals and pending activations for the CleanWatch platform.
• Sales and Market Expansion:
  • Steady growth was achieved through direct sales channels, including new Wanda unit program deployments.
  • The company achieved its first confirmed installation in Australia through a distribution partner.
• U.S. Pilot Partnership: Visionstate entered a new pilot partnership in the United States and is completing its first installation. This involves custom development work expected to be completed by the end of January 2026, serving as a foundation for broader rollout.
• 2026 Objectives: The primary goal is to monetize technology investments through subscription growth, particularly within Visionstate IoT Inc., and to advance toward operational profitability.
• Stakeholder Engagement: A live online shareholder coffee chat is scheduled for Thursday, Jan. 8, 2026, to discuss strategic priorities, compliance opportunities, AI initiatives, and the path to profitability.

Notable Quotes

• "Two thousand twenty-five was a year of deliberate investment... We focused on building practical, compliance-driven tools that can be deployed efficiently and scaled through recurring subscriptions." — Shannon Moore, President
• "Compliance is becoming a material operational issue in facility management, and organizations are looking for defensible, easy-to-implement solutions." — Shannon Moore
• "Our focus is on subscriptions, not one-time deployments... Recurring revenue is the foundation of our operating strategy, and we're seeing encouraging momentum as customers move from on-boarding into long-term use." — Shannon Moore
• "This pilot partnership is an important step toward a larger potential rollout... The custom development component is a required foundation for scaling the solution across a broader installation base." — Shannon Moore
• "Our goal is to continue growing our subscriber base, expand partnerships and build a sustainable, profitable operating business... The progress we made in 2025 positions us well to do that." — Shannon Moore