Agereh Technologies Inc. Announces 2025 Audited Financial Statements

Executive Summary

• Agereh Technologies filed its audited FY 2025 financial statements and MD&A, reporting $69,768 of revenue (up from $4,427 in 2024) and a gross margin of ~54%.
• Net loss narrowed dramatically to $353,813 versus $2.63 M the prior year, while cash rose to $507,711 and total assets increased to $745,066.
• The company completed equity financings totaling ~$1.68 M and executed a significant debt restructuring, improving its capital structure despite a going‑concern uncertainty.

Key Details

• Revenue: $69,768 for FY 2025 (2024: $4,427).
• Gross Margin: Approximately 54% in FY 2025.
• Operating Expenses: Reduced to $657,704 from $2,274,196 in 2024.
• Net Loss: $353,813 versus $2,627,620 in 2024.
• Cash Position: $507,711 at year‑end (2024: $6,340).
• Total Assets: $745,066 (2024: $112,168).
• Total Liabilities: $6,305,486; Shareholders’ deficit of $(5,560,420).
• Working Capital Deficit: $800,637 as of Dec 31 2025.
• Equity Financings: Approximately $1.68 M raised during FY 2025.
• Debt Restructuring: Completed a “significant” restructuring to strengthen the balance sheet (details not disclosed).
• Audit Opinion: Unmodified opinion issued by MNP LLP; audit report includes material uncertainty related to going‑concern due to working capital deficit and need for additional financing.
• CEO Commentary: Emphasized shift from development to commercialization, first meaningful revenue generation, cost reductions, and a scalable SaaS model positioning the company for accelerated growth in 2026.

Notable Quotes

“We made a decisive shift in 2025 from development to commercialization… With strong gross margins and a scalable SaaS model, we believe we are well‑positioned to accelerate revenue growth in 2026 and beyond.” – Ken Brizel, CEO, Agereh Technologies Inc.