Hydreight Technologies Issues Fiscal 2026 Revenue Guidance of = $150 Million and Provides Q1 2026 Outlook

Executive Summary

• Hydreight Technologies projects FY 2026 revenue of approximately $150 million, representing a baseline “floor‑case” scenario.
• Q1 FY 2026 revenue is expected to be in the range of $25 million to $28 million.
• Management forecasts an Adjusted EBITDA margin of 15–17% and notes that the company recently completed a $15 million bought‑deal financing to support working capital needs.

Key Details

• FY 2026 Revenue Guidance: ~$150 M, based on existing partner contracts and current pharmacy/platform utilization; excludes any incremental contributions from acquisitions or new market entries.
• Q1 FY 2026 Outlook: $25 M–$28 M revenue expected as late‑2025/early‑2026 partnerships go live.
• Cost Structure: Assumes no material increase in fixed operating costs versus late‑2025 levels; scaling driven by existing cost base.
• Adjusted EBITDA Margin Expectation: 15%–17% for FY 2026, reflecting operating leverage from higher transaction volumes.
• Financing Activity: Completed a $15 M bought‑deal financing led by Canaccord Genuity Corp.; proceeds earmarked for working capital to support anticipated volume growth.
• Management Commentary (CEO Shane Madden): Emphasized that guidance is grounded in existing demand, disciplined cost structure, and scalable infrastructure.

Notable Quotes

“This guidance reflects the visibility we now have into our operations as we enter 2026… With much of our infrastructure already in place, we believe the business is positioned to scale efficiently while maintaining margin discipline as transaction volumes grow.” – Shane Madden, CEO & Director, Hydreight Technologies Inc.