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Hydreight Reports 132% YoY Revenue Increase in Q3 2025 and Fourth Consecutive Quarter of Profitability, Highlighting Strong Multi-Vertical Performance
“The quarter reflects broad growth across all verticals, expanding VSDHOne adoption, and s...
About this update from Hydreight Technologies Inc
[{"type":"text","content":"Hydreight Reports 132% YoY Revenue Increase in Q3 2025 and Fourth Consecutive Quarter of Profitability, Highlighting Strong Multi-Vertical Performance\n\n\n\n\n “The quarter reflects broad growth across all verticals, expanding VSDHOne adoption, and strategic investments aimed at supporting margin improvement and 2026 objectives. We exceeded our internal metrics across all verticals, reinforcing the strength of our strategy. A key focus has been onboarding and expanding our VSDHOne customers and services, supported by our investment in making the VSDHOne platform fully modular—allowing customers to adopt it module by module based on their needs. These initiatives position us to scale efficiently and achieve our 2026 objectives.” – Shane Madden, CEO of Hydreight\n \n\n\n VANCOUVER, British Columbia and LAS VEGAS, Nov. 26, 2025 (GLOBE NEWSWIRE) --\n \n\n Hydreight Technologies Inc.\n \n\n (“\n \n Hydreight\n \n ” or the\n \n “Company\n \n ”) (\n \n\n TSXV: NURS\n \n\n )(\n \n\n OTCQB: HYDTF\n \n\n )(\n \n\n FSE: SO6\n \n\n ), a rapidly expanding mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to announce its financial results for the three and nine months ended September 30, 2025. All financial information is presented in Canadian dollars unless otherwise indicated.\n \n\n\n Q3 2025 Highlights\n \n\n\n\n\n First 9 months topline¹ revenue was $26.71 million an increase of 61% compared to the same period last year.\n \n\n\n\n First 9 months GAAP revenue was $20.44 million an increase of 70% compared to the same period last year.\n \n\n\n\n Q3, 2025 topline¹ record revenue of $12.83 million, an increase of 110% compared to Q3, 2024.\n \n\n\n\n Q3, 2025 GAAP revenue was $10.52 million an increase of 132% compared to Q3, 2024.\n \n\n\n\n Q3, 2025 Gross Margin of $2.33 million, up from $1.53 million in Q3 2024\n \n\n\n\n Q3, 2025 Adjusted EBITDA¹ of $620K, marking continued operational improvement\n \n\n\n\n Q3, 2025 GAAP Net Income of 362K, from GAAP Net Loss of $90K in Q3, 2024\n \n\n\n\n Cash on Hand of $18.64 million at quarter-end\n \n\n\n\n The Company received independent analyst coverage in 2025 from Maxim Group, Beacon Securities, and Canaccord Genuity, and continu...