TORONTO, Nov. 26, 2025 /CNW/ – Cybeats Technologies Corp. (“Cybeats” or the “Company”) (CSE:CYBT) (OTCQB:CYBCF), a leading provider of software supply-chain security, announces its financial results for the three months ended September 30, 2025. Please refer to the unaudited Consolidated Interim Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended September 30, 2025 filed on SEDAR+ at www.sedarplus.ca for more information.
Financial Highlights for the three months ended September 30, 2025 (“Q3 2025”) with comparatives for the three months ended September 30, 2024 (“Q3 2024”):
Revenue in Q3 2025 was $751,695 versus $510,404 in Q3 2024, an increase of 47% year-over-year. This growth was due to the addition of new customers and the expansion of our existing customers.
Net loss in Q3 2025 was $(646,833), versus a loss of $(1,617,814) in Q3 2024, an improvement of $970,982 or 60%. The reduction in net loss was due to recent initiatives to right-size operating expenses.
Cash at September 30, 2025 was $1,563,445, an increase of $1,528,346 from $35,099 at the year ended December 31, 2024 (“F2024”). Subsequent to the quarter ending, the Company announced a private placement for gross proceeds of $1,440,000.
The chart below shows quarterly revenue for the past 2 years. Quarterly revenue continues to increase as a result of expanded use of the Company’s software and by existing customers and onboarding of new customers.
Operational Highlights in the Quarter
Closed $3.2 million Financing: Completed LIFE offering of 32.4 million units, providing growth capital to accelerate commercial scale-up, R&D, and working capital.
Strengthened Balance Sheet: Settled $1.5 million of indebtedness and converted $1.4 million of debentures into equity, reducing debt and positioning Cybeats for commercial growth and scale-up.
Subsequent Events
$1.4 million Private Placement with U.S. Microcap Fund: Cybeats closed a $1.4 million non-brokered private placement with IFCM MicroCap Fund LP, managed by Intelligent Fanatics Capital Management. Proceeds will support sales, marketing, and general corporate initiatives as the Company accelerates commercial growth.
Secured Multi-Year Contract Extension with Schneider Electric: Multi-year renewal with Schneider Electric, a global leader in energy management and automation, extending the use of SBOM Studio and SBOM Consumer solutions. Renewal highlights the value of Cybeats’ platform in reducing vulnerability management efforts by over 50%, enhancing compliance, and ensuring the operational reliability that companies and stakeholders depend on. Renewal also reflects Cybeats’ organic growth within existing enterprise accounts and the accelerating demand for or software supply chain security solutions driven by emerging global regulations.
“Cybeats continues to make steady progress in expanding its footprint across key industries as regulatory focus on software supply chain security intensifies,” said Justin Leger, CEO of Cybeats. “We’re seeing healthy organic growth within our existing customer base and …