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Autris Reports Record Breaking Results for Year End June 30th, 2025
Newsfileยท 2025-10-27 12:58
Core Insights - Autris reported record-breaking financial results for the year ending June 30, 2025, highlighting significant growth in assets, revenue, and shareholder equity [2][4]. Financial Performance - Gross assets increased by 329% to a record $44,399,273 from $10,351,950 year-over-year [4]. - Revenue reached a record $1,184,520, marking an increase of 383% compared to $245,264 in the previous year [4]. - Gains in Bitcoin, both realized and unrealized, amounted to $445,225, up 292% from $149,642 in the previous year [4]. - Working capital rose to a record $4,084,247 from $2,850,320 in the previous period [4]. - Shareholders' equity increased to a record $19,691,601, reflecting a 289% increase from $5,056,919 in the previous period [4]. Strategic Initiatives - The company completed over $32 million in acquisitions to lay the groundwork for future growth [4]. - Plans were announced to raise up to $30 million in equity to facilitate additional land acquisitions, Bitcoin purchases, and uplisting to a major exchange [4]. - Autris expanded its geographical footprint into three countries and sold over 80% of homesites in the Veritas Village - Coronado community in Panama, with construction of homes underway [4]. Leadership and Vision - CEO Patrick Hiebert emphasized the company's strategic vision for Veritas Villages, which appeals to individuals seeking freedom-oriented living spaces [3]. - The company aims to balance innovation with prudence, exemplified by its Bitcoin treasury strategy while maintaining a sound business model [3].