Core Viewpoint - Hypercharge Networks Corp. has announced a private placement offering to raise between $2 million and $4 million through the sale of units priced at $0.10 each, consisting of common shares and warrants [1][5]. Offering Details - The offering will consist of units, each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.12 for two years [2]. - The offering aims for minimum gross proceeds of $2 million from 20 million units and a maximum of $4 million from 40 million units [1][5]. - The offering will be conducted under the "listed issuer financing exemption" in Canada and may also be available in the U.S. and other jurisdictions [3]. Use of Proceeds - The net proceeds from the offering are intended for general working capital and corporate purposes [5]. Agent and Commission Structure - Hypercharge has engaged FMI Securities Inc. as the lead agent, agreeing to pay a cash commission of 6% on gross proceeds and issue broker warrants equal to 6% of the units sold [6]. - The cash commission will be reduced to 3% for sales to subscribers on a president's list [6]. Closing Timeline - The closing of the offering is expected around October 31, 2025, pending necessary regulatory approvals [7]. Company Overview - Hypercharge Networks Corp. is a provider of smart electric vehicle charging solutions, focusing on accelerating EV adoption and supporting a carbon-neutral economy through innovative hardware and software [9].

Core Insights - Hypercharge Networks Corp. reported record-setting revenue, gross profit, and network growth for fiscal year 2025, marking it as a breakout year for the company [3][8]. Financial Performance - The company achieved its highest annual revenue of $10.1 million, an increase of 227% year-over-year, driven by strong market demand and successful customer orders [7][10]. - Gross profit reached a record of $2.3 million, reflecting a 131% increase compared to the previous fiscal year, attributed to higher revenue recognition and margin performance [8][12]. - Operating expenses were reduced by 28% to $6.6 million, primarily due to strategic cost control and operational efficiency [4][11]. - The net loss improved by 46% to $4.3 million, or $0.06 per share, compared to a net loss of $8.0 million in the prior year [13][19]. Operational Highlights - The company delivered a total of 2,459 charging ports during the fiscal year, including 76 DC fast chargers, and doubled its registered user base to over 25,000 [3][8]. - The sales backlog increased by 44% to $9.1 million, providing strong visibility into future growth [10][19]. - Hypercharge surpassed 5,500 charging ports sold across Canada and the United States, marking an increase of over 83% year-over-year [8][10]. Quarterly Performance - For the three months ended March 31, 2025, the company recognized quarterly revenue of $2.8 million, a 162% increase compared to the same period last year [14][19]. - Gross profit for the quarter increased to $540,039, up from $285,530 in the same period last year, although the gross profit percentage declined from 27% to 19% due to a higher proportion of lower-margin DC fast charging sales [16][19]. - The net loss for the quarter improved by 24% to $1.2 million, with basic and diluted loss per share remaining flat at $0.02 [17][19].