Scryb Reports Fiscal 2025 Results; Strengthened Balance Sheet and Significant Cybeats Exposure

Executive Summary

• Scryd Inc. filed its audited consolidated financial statements and Management’s Discussion & Analysis for fiscal year ended September 30, 2025 on SEDAR+.
• FY2025 showed a materially strengthened balance sheet: working‑capital moved from a $6.8 M deficit to a $1.2 M surplus; total liabilities fell ~77% to $2.6 M.
• The company retains a 39% stake (75 M shares) in Cybeats Technologies Corp., valued at roughly $12 M, and expects the stronger financial foundation to support further growth and investment opportunities in 2026.

Key Details

• Audited Financials & MD&A: Filed on SEDAR+; available for public review.
• Balance‑Sheet Highlights:
• Working capital improved by ≈ $8 M YoY (from –$6.8 M to +$1.2 M).
• Total liabilities reduced by ~77% (from $11.4 M to $2.6 M).
• Equity Investment in Cybeats:
• Holds 75 M Cybeats shares (~39% of outstanding) valued at ~$12 M (based on $0.16/share).
• Share Price & Market Cap (as of Jan 27, 2026): $0.10 per share; market cap ≈ $4.7 M.
• Strategic Commentary: CEO James Van Staveren highlighted the “pivotal” nature of FY2025 and the company’s stronger liquidity and streamlined structure. President Daniel Proska noted 2026 as an “inflection point,” with focus on asset growth, optionality for new investments, including digital assets.
• Forward‑Looking Statements: Emphasized expectations for continued asset value growth, potential new investment opportunities, and ongoing strategic portfolio realignment.

Notable Quotes

“Fiscal 2025 was a pivotal year for Scryb… This positions Scryb to focus on long‑term value creation while maintaining significant exposure to Cybeats' upside as a strategic shareholder.” – James Van Staveren, CEO

“2026 represents an inflection point for Scryb… we expect continued growth in asset value and are actively exploring opportunities, including in digital assets…” – Daniel Proska, President