Earnings
Eddy Smart Home Solutions Ltd. Announces Q3/2025 Financial Results
EDY · Price
Executive Summary
- Eddy Smart Home Solutions reported Q3 2025 revenue of $1.24 M, a 73% increase year‑over‑year, and nine‑month revenue of $3.38 M, up 35%.
- Net loss narrowed to $76 K for the quarter (down $856 K YoY) and $1.84 M for the nine months (down $877 K YoY).
- The company settled a claim for $350 K (with $150 K paid up‑front) and recorded a $1.04 M recovery, reducing G&A expenses.
Key Details
- In‑building devices: 125,832 units as of Sept 30 2025, +19% vs. 105,432 at Sept 30 2024.
- Revenue (Q3 2025): $1,244,076 (+73% YoY).
- Revenue (9‑mo): $3,379,264 (+35% YoY).
- Operational revenue (Q3): $2,188,275 (+27% YoY).
- Operational revenue (9‑mo): $6,551,066 (+19% YoY).
- Recurring billings (Q3): $790,452 total; $263,084 per month (+13% QoQ).
- Recurring billings (9‑mo): $2,518,251 total; $279,806 per month (+22% YoY).
- Claim settlement: Total $350,000 payable ($150,000 at signing, $200,000 in eight quarterly installments starting Jan 1 2026); resulted in a $1,041,431 recovery recorded as expense reduction.
- Net loss (Q3): $76,175 (improved by $855,828 YoY).
- Net loss (9‑mo): $1,841,317 (improved by $876,718 YoY).
- Basic & diluted loss per share: Q3 2025 $0.01 vs. $0.15 in Q3 2024; 9‑mo 2025 $0.30 vs. $1.04 in 2024.
- Share count: Weighted average shares outstanding unchanged at 6,128,623 post‑consolidation (100:1).
- Investments: Increased hiring of sales professionals to support U.S. market expansion.
Notable Quotes
- “Our strong growth in device deployments and recurring revenue underscores the increasing adoption of Eddy’s smart water solutions,” – Mark Silver, Executive Chairman & CEO.