Core Insights - HEALWELL AI Inc. reported record revenue of approximately $103.8 million for fiscal 2025, marking a 427% increase from $19.7 million in fiscal 2024, and achieved its first full year of positive Adjusted EBITDA of $2.3 million [4][5] Financial Performance - The company experienced a significant financial transformation, swinging from a $14.2 million Adjusted EBITDA loss in 2024 to a $2.3 million positive Adjusted EBITDA in 2025, reflecting a $16.5 million improvement [2][4] - HEALWELL ended 2025 with $18.6 million in cash, compared to $9.4 million at the end of 2024, indicating an improving balance sheet [4][5] - The company reported an IFRS net loss from continuing operations of $39.1 million in 2025, compared to a net loss of $24 million in 2024 [5] Operational Highlights - HEALWELL transitioned to a pure-play AI and software company, completing strategic divestments that generated approximately $9.7 million in cash proceeds [4][5] - The company achieved a gross profit of $57.3 million in 2025, with a gross margin percentage of 55%, consistent with the previous year [5] - In Q4 2025, HEALWELL reported quarterly revenue of $32.2 million, a 374% increase from $6.8 million in Q4 2024, and positive Adjusted EBITDA of $1.1 million [5][9] Strategic Initiatives - HEALWELL has established a competitive position with 47 peer-reviewed publications supporting its DARWEN AI engine and over 70 enterprise customers across 11 countries [2][4] - The company is focusing on global scaling, deepening AI adoption, and translating platform economics into sustained profitability in 2026 [2][4] - HEALWELL launched WELLTRUST™, a consent-first patient identification platform, and announced a multi-million dollar U.S. Health Information Exchange (HIE) contract, expanding its enterprise data interoperability footprint [9]
HEALWELL AI Delivers Record Revenue and First Year of Positive Adjusted EBITDA as Global AI Platform Strategy Takes Hold