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Scryb Reports Financial Results for Q3 2025: Positive Outlook for Cybeats Technologies Corp.

Toronto, Ontario--(Newsfile Corp. - September 3, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company") has filed financial results for its third quarter ended June 30, 2025 ("Q3 2025"), and also provides commentary on Scryb's largest holding, Cybeats, which filed its second quarter ended June 30, 2025 Interim Financial Statements and Management's Discussion and Analysis ("MD&A"). Scryb's reported results for Q3 2025 reflect the transition to equity accounting for Cybeats following the...

articleScryb, Inc.September 3, 20254/company/scythian-biosciences-corp/news/scryb-reports-financial-results-for-q3-2025-positive-outlook-for-cybeats-technologies-corp
Scryb Reports Financial Results for Q3 2025: Positive Outlook for Cybeats Technologies Corp.

About this update from Scryb, Inc.

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - September 3, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company") has filed financial results for its third quarter ended June 30, 2025 ("Q3 2025"), and also provides commentary on Scryb's largest holding, Cybeats, which filed its second quarter ended June 30, 2025 Interim Financial Statements and Management's Discussion and Analysis ("MD&A").","length":447,"tagName":"p"},{"type":"text","content":"Scryb's reported results for Q3 2025 reflect the transition to equity accounting for Cybeats following the deconsolidation in November 2024. Balance sheet improvements were driven by portfolio realignment, disciplined expense control, and balance-sheet simplification. Further to the deconsolidation, Scryb is positioned with a cleaner balance sheet and is able to report on Cybeats' performance as an investment going forward. Scryb maintains a 75 million common share position in Cybeats, which is approximately 40% of Cybeats issued and outstanding shares.","length":567,"tagName":"p"},{"type":"text","content":"Cybeats Technologies Corp.","length":26,"tagName":"p"},{"type":"text","content":"Over the past quarter Cybeats has secured multiple client expansions, and is broadening its market reach and growth potential by establishing strategic partnerships, including channel and white-label arrangements. With ongoing product enhancements, strong customer retention, and the completion of a $3.2 million financing following quarter-end, Cybeats is well positioned to scale its operations and deliver sustained long-term performance.","length":441,"tagName":"p"},{"type":"text","content":"Cybeats also announced it has the strongest pipeline in its history with potential customers in all stages of advancement including POCs, planned POCs and pilots. Below is a graph of revenue growth and Cybeats Financial Highlights for the three months ended June 30, 2025 ("Q2 2025") with comparatives for the three months ended June 30, 2024 ("Q2 2024"):","length":375,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":500,"height":300,"url":"https://media.zenfs.com/en/newsfile_64/9d701f09b9568a2cc8711f81c18c2ff1"},"resized":{"url":"htt...

More updates from Scryb, Inc.

Scryb Inc.Interim Financial StatementsCybeats Technologies CorpCybeatsCybeats Financial Highlights