Hapbee Delivers Breakout Q1 2025: Record Growth, Leaner Operations, and a Clear Path to Scalable Profitability
Building on the momentum of its record-breaking Q4 2024, Hapbee entered 2025 with exceptional velocity - delivering substantial growth in sales, significant reductions in operating expenses, and strategic improvements across its product and platform ecosystem. The Company's Q1 performance results underscore Hapbee's disciplined focus on operational excellence, profitability, and user-centric product innovation.
Q1 2025 Highlights
Strategic Continuity from 2024
Hapbee's Q1 performance builds on a transformative 2024, which included:
These initiatives created a springboard for the Company's current momentum and reinforce its mission to make wellness accessible, personalized, and effective for everyone.
'2025 is off to a powerful start,' said Riz Shah, Chief Commercial Officer of Hapbee. 'We are proud to have achieved the rare combination of accelerating revenue and disciplined cost control, signaling a scalable growth model. Hapbee is now positioned to enter its most capital-efficient phase yet, and we are incredibly excited for the Hapbee community and our shareholders.'
About Hapbee Technologies Inc.
Hapbee is a digital wellness technology company pioneering bio-streaming wearables designed to help people optimize sleep, focus, mood, and recovery. Hapbee's proprietary technology delivers safe, non-invasive signals that promote well-being—all controlled through an intuitive mobile app.
The Company's financial statements and management's discussion and analysis for the period ended March 31, 2025 are available on SEDAR+ at www.sedarplus.ca and on Hapbee's investor website at investors.hapbee.com.
Learn more at www.hapbee.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
Forward-looking information is provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information involves significant risks and uncertainties and should not be read as a guarantee of future performance or results as actual results may differ materially from those expressed or implied in such forward-looking information. Those risks and uncertainties include, among other things, risks related to: that Hapbee will be able to complete its business objectives as anticipated; Hapbee's industry and its business, which may negatively impact, and may continue to negatively impact, Hapbee and may materially adversely affect its investments, results of operations, financial condition and Hapbee's ability to obtain additional equity or debt financing, and satisfy its financial obligations; circumstances may change resulting in the use of proceeds; general economic conditions; future growth potential; prices of its securities; liquidity; ability to access capital markets; environmental matters; and changes in legislation or regulations. Management believes that the expectations reflected in the forward-looking information contained herein are based upon reasonable assumptions and information currently available; however, management can give no assurance that actual results will be consistent with such forward-looking information.Investor Relations
Renmark Financial Communications Inc.
Bettina Filippone: [email protected]
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
Media Relations
Theory Communications
Andrea Hamilton: [email protected]
www.theorycomm.com
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