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Blue Horizon Global Capital Corp. Reports 2025 Financial Results Of Sensor Technologies Inc And Amends Credit Facility
Thenewswire· 2026-03-12 13:30
Core Viewpoint - Blue Horizon Global Capital Corp. reports significant financial improvements from its investment in Sensor Technologies Inc. for the year ended December 31, 2025, highlighting strong revenue growth and net income increase compared to 2024 [1][6]. Financial Performance - Sales revenue reached $889,712 in 2025, a 72% increase from $517,817 in 2024 [9]. - Gross profit was $599,790, up 46% from $410,016 in 2024 [9]. - Net income surged to $175,749, representing an increase of approximately 849% compared to $18,520 in 2024 [9]. Operational Highlights - Revenue growth was driven by expanded commercial deployments and increased customer adoption of STI's sensor technology platform [4]. - Total operating expenses for 2025 were $419,535, up from $391,496 in 2024, primarily due to higher professional fees and insurance expenses [5]. - Research and development expenditures remained consistent year-over-year, indicating ongoing investment in product development [5]. Credit Facility Amendment - The 2024 Credit Facility was amended to increase the maximum permissible amount from $200,000 to $400,000 and extend the maturity date to March 10, 2027 [10]. - The interest rate remained fixed at 14.96% and the facility was secured against all assets of the Corporation [6][10]. Company Background - Sensor Technologies Inc. focuses on developing and commercializing advanced sensor systems for industrial and environmental applications [11]. - Blue Horizon Global Capital Corp. aims to identify promising companies with innovative technologies to maximize shareholder returns [12].