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Biotricity (BTCY) investor relations material

Biotricity Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary14 Aug, 2025

Executive summary

  • Achieved first-ever positive EBITDA and profit from operations, driven by 21% revenue growth and cost control initiatives.

  • Expanded Cardiac AI cloud platform and formed strategic partnerships, including alliances with Amazon AWS, Google TensorFlow, and three top GPOs, providing access to 90% of US hospitals.

  • Gross margin improved to 80.5% from 73.8% year-over-year, reflecting operational efficiencies and recurring technology fees.

  • Entered new international markets with regulatory approvals in Canada, Saudi Arabia, and Argentina.

  • Diversified into pulmonary neurology and expanded product ecosystem and AI capabilities in remote cardiac care.

Financial highlights

  • Revenue rose 21% year-over-year to $3.9M, with recurring technology fees comprising 87% of total revenue.

  • Gross profit increased to $3.1M, with gross margin at 80.5% versus 73.8% year-over-year.

  • Operating expenses decreased 18.5% to $2.8M, with SG&A down 27.9% and R&D up by $182K.

  • Achieved positive EBITDA of $333K and first profit from operations of $282K.

  • Net loss attributable to common stockholders narrowed to $754K from $6.9M year-over-year; loss per share improved to 2.9¢ from 49¢.

Outlook and guidance

  • Anticipates continued revenue growth and gross margin improvement, driven by flagship device adoption, recurring technology fees, and AI-driven efficiencies.

  • Focus remains on commercialization of BioCore, BioFlux, and BioCare products globally, with ongoing investment in R&D.

  • On track to pursue FDA clearance for AI clinical model and expand international regulatory approvals.

  • Existing cash and anticipated near-term financings expected to meet needs for the next twelve months, but additional capital may be required for growth opportunities.

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Frequently asked questions

Biotricity Inc. is a medical technology company focused on developing and marketing remote biometric monitoring solutions for chronic health conditions. The company’s products primarily target the cardiovascular market, offering devices such as portable cardiac monitors that track and transmit real-time data for diagnostic and patient management purposes. Biotricity integrates its technology with cloud-based platforms to provide healthcare professionals with continuous monitoring and analytics. The company is headquartered in Redwood City, California, USA, and its shares are listed on the NASDAQ.

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