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Cybeats reports 12% revenue growth in Q1 2026 but posts higher net loss amid strategic expansions.

Company Fundamentals
01 Jun 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Cybeats Technologies reported a 12% revenue increase to $763,679 in Q1 2026 compared to Q1 2025, driven by new and expanded customers. Despite this growth, net loss widened to $2.43 million, mainly due to $1.57 million in non-cash option expenses, though cash expenses fell by 15%. Key operational moves include a $1.2M shares-for-debt deal, a new OEM partnership with Keysight Technologies to expand market reach, and entry into the automotive sector. Management expects continued growth and aims to increase annual recurring revenue to $5 million by Q2 2026, supported by regulatory demand and strategic partnerships.

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