VSBLTY Announces 2024 and Q3 2025 Financial Results

Executive Summary

• VSBLTY Groupe Technologies Corp. reported FY 2024 revenue of $1.4 M, a 66% increase YoY, and generated its first gross profit ($61,239) in company history.
• Operating loss narrowed to $5.4 M in 2024 from $8.9 M the prior year due to cost reductions and higher‑margin software revenue.
• For the nine months ended September 30 2025, revenue rose 92% YoY to $1.86 M, already exceeding full‑year 2024 revenue, while net loss modestly increased to $4.96 M.

Key Details

• FY 2024 Revenue: $1.4 million (↑66% vs. FY 2023).
• FY 2024 Operating Loss: $5.4 million (down from $8.9 million in FY 2023).
• First Gross Profit: $61,239 recorded in FY 2024; gross margin improved materially.
• Cost Reduction Program: Streamlined operations, renegotiated vendor contracts, lowered break‑even threshold.
• Q3 2025 (nine months) Revenue: $1,857,932 (↑92% vs. same period 2024).
• Nine‑Month Net Loss (ended 9/30/2025): $4,956,684 (vs. $4,714,868 prior year).
• Management Commentary: CEO Jay Hutton highlighted the reset financial foundation, first gross profit, and accelerated revenue trajectory indicating a forthcoming scale inflection point.
• Outlook for 2026: Management expects “materially stronger” revenue as major AI‑enabled security and retail media deployments move to scaled implementation.
• Earnings Call: Scheduled for Thursday, February 19, 2026 at 2:00 PM ET; registration link provided.

Notable Quotes

“We are particularly encouraged by generating our first gross profit in 2024 and by the strong revenue acceleration demonstrated in 2025… we believe the Company is approaching a scale inflection point where incremental revenue growth can have a disproportionately positive impact on operating leverage.” – Jay Hutton, Co‑founder & CEO