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].