Hapbee Delivers Breakout Q1 2025: Record Growth, Leaner Operations, and a Clear Path to Scalable Profitability

About this update from Hapbee Technologies, Inc.

[{"type":"text","content":"Hapbee Delivers Breakout Q1 2025: Record Growth, Leaner Operations, and a Clear Path to Scalable ProfitabilityFollowing a 198% sales surge in Q4, Hapbee added 191% revenue growth in Q1 2025 while reducing operating expenses by 62%\n\n\n\n VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies Inc. (TSXV: HAPB | OTCQB: HAPBF), (“Hapbee” or the “Company”), the digital wellness technology company pioneering the science of bio-streaming, announced today its operational and strategic highlights for Q1 2025.\n \n\n Building on the momentum of its record-breaking Q4 2024, Hapbee entered 2025 with exceptional velocity - delivering\n \n substantial\n \n\n growth in sales\n \n ,\n \n significant reductions in operating expenses\n \n , and\n \n strategic improvements\n \n across its product and platform ecosystem. The Company’s Q1 performance results underscore Hapbee’s disciplined focus on\n \n operational excellence\n \n ,\n \n profitability\n \n , and user-centric\n \n product innovation\n \n .\n \n\n\n Q1 2025 Highlights\n \n\n\n\n\n Accelerated Device Sales:\n \n Unit sales more than\n \n tripled\n \n year-over-year and surged nearly 50% over Q4 2024 (following a 198% increase in device sales Q4 2024 over Q3 2024) reflecting\n \n strong consumer demand\n \n and effective activation strategies across digital and retail channels.\n \n\n\n Successful Operational Restructuring Supports Growth:\n \n A company-wide cost optimization program resulted in a\n \n substantial\n \n\n reduction in operating expenses of 62%\n \n as compared to Q4 2024 with savings realized through lower overhead, consulting fees, and streamlined administration, while preserving capital for high-impact R&D and commercial rollout of our next-gen wearable lineup - including the upcoming consumer launch of the Immersive Mattress Topper and Neckband V2 later in 2025.\n \n\n\n Strengthened Margins:\n \n Gross margin improvements were realized through a combination of stable cost of goods and refined pricing strategies, with additional supply chain optimizations underway.\n \n\n\n Platform Modernization:\n \n Hapbee’s\n \n redesigned mobile app and website\n \n launched in the first half of Q2, introducing a more\n \n intuitive user experience\n \n ,\n \n enhanced personalization, and improve...

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