Paragon Advanced Labs reports $4.37M revenue in 2025, expands PhotonAssay™ tech and lab network.

Paragon Advanced Labs Inc. filed its 2025 audited financials, reporting $4.37 million revenue from its expanded PhotonAssay™ technology across facilities in Canada and the US. The company completed its TSX Venture listing in December 2025 and grew its lab network with new partnerships and increased sample prep capacity. Early 2026 revenue is expected to rise 21% over Q4 2025 due to a significant new client contract ramping up. This growth highlights Paragon's role in advancing faster, more accurate mineral analysis for the mining industry.