Hapbee Delivers Record Profit of USD $1.43 Million in Second Straight Quarter of Growth, Posts Q3 Revenue of $446,897 and Earnings of 0.5 Cents Per Share

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[{"type":"text","content":"Hapbee Delivers Record Profit of USD $1.43 Million in Second Straight Quarter of Growth, Posts Q3 Revenue of $446,897 and Earnings of 0.5 Cents Per ShareRecord-setting financial performance driven by new management team grows recurring revenue position with 188% subscriber growth since Q1, reducing liabilities while advancing investments into Hapbee’s next-generation scalable product roadmap\n\n\n\n VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) --\n \n Hapbee Technologies Inc.\n \n (TSXV: HAPB | OTCQB: HAPBF), a wearable wellness technology company and the pioneer of bio-streaming frequency and vibration wellness products, today announced its unaudited financial results for the third quarter ended September 30, 2025.\n \n\n Led by a new management team, Q3 marks the second consecutive and\n \n most profitable quarter in Hapbee’s history\n \n . Hapbee made further investments in scalable product architecture, continued development of the V2 neckband, expanded subscription revenues, and improved financial resilience in Q3. The Company also advanced its scalable market deployment plan, increased focus on fem-tech and frequency-healing partnerships, and continued preparing for a major rebrand.\n \n\n\n Q3 2025 Financial and Operational Highlights\n \n\n\n\n\n Record Net Profit.\n \n Hapbee achieved net income of USD\n \n $1,431,567\n \n , the highest quarterly profit in Company history, compared to net income of\n \n $17,988\n \n in Q2 2025 and a net loss of (\n \n $6,596,111)\n \n for FY 2024.\n \n\n\n Subscription Growth:\n \n Total paid subscribers increased by\n \n 93%\n \n quarter-over-quarter (4,570 vs. 2,370 in Q2) and\n \n 188%\n \n compared to Q1 2025. Subscription revenue increased\n \n 34%\n \n to\n \n $108,694\n \n , and\n \n 105%\n \n compared to Q1 2025.\n \n\n\n Gross Margin Improvement:\n \n Gross margin increased to\n \n 44%\n \n , up significantly from\n \n 31%\n \n at year-end 2024. Margin fluctuations reflected temporary inventory constraints following strong Q2 demand.\n \n\n\n Strengthened Financial Position:\n \n Accounts payable decreased\n \n 41%\n \n to USD $1,716,087; promissory notes reduced\n \n 76%\n \n to $351,335; warrant liability decreased\n \n 26%\n \n to $1,169,836; and cash increased to\n \n $259,791\n \n (YE 2024: $132,274).\n \n\n\n Device Sales & Revenue:\n...

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