Blue Horizon Global Capital Corp. Reports 2025 Financial Results Of Sensor Technologies Inc And Amends Credit Facility

Executive Summary

• Blue Horizon Global Capital Corp. reports a strong financial performance of its 25 % equity investment in Sensor Technologies Inc. (STI) for FY 2025, with net income rising 849 % to $175,749 versus 2024.
• The company amends its secured revolving credit facility, increasing the maximum borrowing capacity from $200k to $400k and extending maturity to March 10 2027.
• A clarification is issued correcting the stated reason for terminating the proposed acquisition of C2 Technology Innovations Ltd.; the termination was due to insufficient valuation support, not a regulatory requirement.

Key Details

• STI FY 2025 Financial Highlights (Blue Horizon 25 % equity interest):
• Sales revenue: $889,712 (↑ 72 % YoY).
• Gross profit: $599,790 (↑ 46 %).
• Income before royalty: $180,255 (↑ 874 %).
• Net income: $175,749 (↑ 849 %).
• Royalty payable to parent: $4,506 (2024: $0).
• Operating Expenses: $419,535 in 2025 vs. $391,496 in 2024; increase driven by higher professional fees and insurance; R&D expense flat YoY; payroll & finance costs declined.
• Credit Facility Amendment (originally dated July 23 2024):
• Maximum facility amount increased from $200,000 to $400,000.
• Maturity extended from August 1 2024 to March 10 2027.
• Interest rate remains fixed at 14.96%; security against all corporate assets unchanged.
• Clarification on C2 Transaction:
• Original press release (Feb 9 2026) cited a CSE‑required third‑party valuation as the reason for termination.
• Corrected explanation: transaction terminated because the proposed valuation lacked sufficient supporting evidence.

Notable Quotes

“Management believes the significant improvement in financial performance reflects the successful commercialization of STI’s technology, disciplined cost management, and increased recurring revenue traction.” – Alex MacKay, CEO & CFO, Blue Horizon Global Capital Corp.