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Vitalist Engages IMS Investor Relations to Enhance Capital Markets Presence
Thenewswire· 2025-11-14 13:05
Core Insights - Vitalist Inc. has engaged IMS Investor Relations Inc. to enhance its visibility in the investment community and improve shareholder communication [1][2][4] Company Overview - Vitalist Inc. specializes in smart wearable technology and is a licensee of prominent global brands [1] - The company aims to build a robust presence in capital markets as part of its growth strategy [4] Engagement Details - The agreement with IMS is effective immediately, on a month-to-month basis, starting November 9, 2025, with a monthly retainer fee of $10,000, which can increase to $12,000 if a capital raise of at least $2 million is completed [2] - The annual fee will be adjusted based on the Consumer Price Index (CPI), capped at a maximum increase of 2% [2] - No performance-based compensation or equity compensation is included in the agreement [2][3] Services Provided by IMS - Strategic investor guidance to package the Vitalist story for institutional audiences [6] - Targeted outreach to secure appointments with key investment professionals and financial analysts [6] - Corporate communications support, including drafting news releases and investor presentations [6] - Management of the investor database for effective communication distribution [6] Leadership Statements - The CEO of Vitalist emphasized the importance of this partnership for effectively communicating the company's value proposition and milestones to a broader investor base [4] - The founder of IMS expressed excitement about partnering with Vitalist, highlighting its focus on the growing smartwatch sector and its asset-light model [4]
Vitalist Reports Second Quarter 2026 Financial Results
Thenewswire· 2025-11-13 21:00
Core Insights - Vitalist Inc. reported significant financial growth in Q2 2026, driven by the launch of Reebok smartwatches and a strategic shift towards its proprietary VitalOS™ platform [2][3]. Financial Performance - Revenue for the three months ended September 30, 2025, was CAD 2.12 million, a 42% increase from CAD 1.49 million in the same period last year [3][4]. - For the six months ended September 30, 2025, revenue reached CAD 3.79 million, up 34% from CAD 2.82 million in the prior year [3][4]. - The gross profit margin for the three months ended September 30, 2025, was 36%, compared to 33% in the same period last year, while the six-month gross profit margin decreased to 32% from 36% year-over-year [3][4]. - The company recorded a net income of CAD 0.15 million for the three months ended September 30, 2025, and a net loss of CAD 0.31 million for the six months, an improvement from a net loss of CAD 0.81 million and CAD 1.35 million in the prior year [3][4]. Strategic Developments - Vitalist secured a 5-year exclusive brand licensing agreement with Authentic Brands Group for Reebok smartwatches in the Americas, replacing the previous Motorola agreement [2]. - The initial Reebok Pulse and Icon smartwatches launched in August 2025 are performing well in retail, with higher gross margins than previous products [2]. - The anticipated launch of the VitalOS™ platform in Q4 2025 aims to enhance health and wellness experiences through integrated biometric data [2]. Operational Insights - Operating cash outflows for the six months ended September 30, 2025, were CAD 2.44 million, up from CAD 0.23 million in the same period last year, primarily due to unfavorable changes in working capital [3]. - Total assets as of September 30, 2025, were CAD 3.78 million, significantly higher than CAD 1.13 million as of March 31, 2025 [4].