viaim and China Philharmonic Orchestra Co-Create 'Philharmonic Signature Sound' to Bring Concert Hall Acoustics to Everyday Listening
BEIJING, May 23, 2025 /CNW/ -- In a bold fusion of art and technology, AI audio brand viaim has teamed up with the China Philharmonic Orchestra to launch the "Philharmonic Signature Sound"—a professionally tuned acoustic system that brings the richness of live symphonic sound into everyday listening experiences. This marks the first collaboration of its kind between a leading symphony orchestra and a tech brand in the AI wearables space.
At the exclusive launch event held at Langyuan Station in Beijing, musicians from the China Philharmonic delivered live performances, including Liszt's Hungarian Dance, to demonstrate how subtle orchestral nuances—tone, clarity, and spatial dynamics—can be faithfully translated through viaim's sound engine. This effort marks a significant milestone in making classical audio aesthetics accessible to broader audiences.
"Today's audio market is drowning in sameness. Products are louder, not richer; clearer, not more human," said viaim co-founder Liu Da. "We want to change that. Through our partnership with one of China's most respected orchestras, we aim to give technology a soul—something that sings, not just sounds."
The Philharmonic Signature Sound was co-developed through a multi-phase process with direct orchestral involvement—from cavity design to tuning curve adjustments, driver material optimization, and spatial modeling. The result is a uniquely expressive sound signature that not only elevates classical music, but also enhances spoken-word clarity and emotional warmth in calls and meetings.
"A great AI headset must first be a great headset," added viaim CEO Shawn Ma. "True high fidelity isn't just about specs—it's about how it makes you feel. That's why we built this from the stage up, not the spec sheet down."
"For decades, classical music has belonged to concert halls and audiophiles," said Li Nan, President of the China Philharmonic Orchestra. "We believe it's time to make its warmth, depth, and emotional complexity part of everyday life."
The Philharmonic Signature Sound will debut in viaim's upcoming AI-powered earbud series, expected to launch in Q3 2025.
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Haivision Announces Results for the Three Months and Six Months Ended April 30, 2025
MONTREAL, June 11 2025 /CNW/ - Haivision Systems Inc. ("Haivision" or the "Company") (TSX:HAI), a leading global provider of mission critical, real-time video networking and visual collaboration solutions, today announced its results for the second quarter ended April 30, 2025. "We have announced a number of new product introductions for our Broadcast and Mission markets," said Mirko Wicha, President and CEO of Haivision. "In the Broadcast space, the Falkon X2 is our next generation, lower cost 5G transmitter, which enables Haivision to compete at a price point we could not participate in previously. Meanwhile the Kraken X1 Rugged delivers low latency encoding and transcoding 'at the edge' enhanced by AI processing capability to support the toughest demands of our Mission customers. We expect that these products, as well as other innovative product introductions will return Haivision to double-digit revenue growth in 2026 and beyond." Q2 2025 Financial Results Revenue of $34.2 consistent with prior year, overcoming our move from offering bespoke "integrator" solutions that include lower margin, third-party components, and represents a sequential quarterly increase of 21.7%. Gross Margins* were 73.0%, a notable improvement from 71.7% for the same prior year period. Total expenses were $28.2 million, an increase of $5.5 million from the same prior year period, but includes non-recurring expense of $1.5 million for legal settlement, interest, and fees and the impact of a weaker Canadian dollar. Operating loss for the quarter was $3.2 million compared to operating income of $1.8 million for the same prior year period. Adjusted EBITDA* was $1.7 million compared to $5.1 million for the same prior year period. Adjusted EBITDA Margins* was 4.9% compared to 14.8% for the same prior year period. Financial Results for the six months ended April 30, 2025 Revenue was $62.5 million, a $6.3 million decrease from the same prior year period and reflects the continued transition away from the integrator model in the control room space. Gross Margins* were 72.5%, a modest improvement from 72.3% in the same prior year period. Total expenses were $50.7 million, an increase of $5.1 million from the same prior year period, but includes non-recurring expense of $1.7 million for legal settlement, interest and fees and the impact of a weaker Canadian dollar. Operating loss was $5.4 million compared to an operating income of $4.1 million for the same prior year period. Adjusted EBITDA* was $2.2 million, compared to $10.3 million for the same prior year period. Adjusted EBITDA Margins* were 3.6% compared to 14.9% for the same prior year period. 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Conference Call Notification Haivision will hold a conference call to discuss its fourth quarter and full year financial results on Wednesday, June 11, 2025 at 5:15 pm (ET). To register for the call, please use this link After registering, a confirmation will be sent through email, including dial in details and unique conference call codes for entry. Financial Statements, Management's Discussion and Analysis and Additional Information Haivision's consolidated financial statements for the second quarter ended April 30, 2025 (the "Q2 Financial Statements"), the management's discussion and analysis thereon and additional information relating to Haivision and its business can be found under Haivision's profile on SEDAR+ at The financial information presented in this release was derived from the Q2 Financial Statements. Forward-Looking Statements This release includes "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities laws, including, without limitation, statements regarding the Company's growth opportunities and its ability to execute on its growth strategy. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on opinions, assumptions and estimates that, while considered reasonable by Haivision as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under "Risk Factors" in the Company's latest annual information form, and in other periodic filings that the Company has made and may make in the future with the securities commissions or similar regulatory authorities in Canada, all of which are available under the Company's SEDAR+ profile at These factors are not intended to represent a complete list of the factors that could affect Haivision. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Haivision undertakes no obligation to publicly update any forward-looking statement, except as required by applicable securities laws. Non-IFRS Measures Haivision's consolidated financial statements for the second quarter ended April 30, 2025 are prepared in accordance with International Financial Reporting Standards – Accounting Standards ("IFRS® Accounting Standards"). As a compliment to results provided in accordance with IFRS Accounting Standards, this press release makes reference to certain (i) non-IFRS financial measures, including "EBITDA", and "Adjusted EBITDA", (ii) non-IFRS ratios including "Adjusted EBITDA Margin", and (iii) supplementary financial measures including "Gross Margins" (collectively "non-IFRS measures"). These non-IFRS measures are not recognized measures under IFRS Accounting Standards and do not have a standardized meaning prescribed by IFRS Accounting Standards and are therefore unlikely to be comparable to similar measures presented by other companies. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS Accounting Standards. Rather, these non-IFRS measures are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS Accounting Standards measures. We also believe that securities analysts, investors, and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Our management also uses non-IFRS measures to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. For information on the most directly comparable financial measure disclosed in the primary financial statements of Haivision, composition of the non-IFRS measures, a description of how Haivision uses these measures and an explanation of how these measures provide useful information to investors, refer to the "Non-IFRS Measures" section of the Company's management's discussion and analysis for the three months and six months ended April 30, 2025, dated June 11, 2025, available on the Company's SEDAR+ profile at which is incorporated by reference into this press release. As applicable, the reconciliations for each non-IFRS measure are outlined below. Non-IFRS measures should not be considered as alternatives to net income or comparable metrics determined in accordance with IFRS Accounting Standards as indicators of the Company's performance, liquidity, cash flow and profitability. About Haivision Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at Thousands of Canadian dollars (except per share amounts) Three months ended April 30, Six months ended April 30, 2025202420252024($)($)($)($) Revenue 34,29034,16962,45168,748 Cost of sales 9,2749,65817,15219,044 Gross profit 25,01624,51145,30049,704 ExpensesSales and marketing 8,1926,97814,70813,633 Operations and support 4,8423,9689,4737,965 Research and development 7,8126,99814,93414,026 General and administrative 4,7454,0278,3928,918 Share-based payment 1,0446951,4281,042 Legal settlement and related fees 1,549—1,716—28,18422,66650,65145,584 Operating (loss) profit (3,168)1,845(5,352)4,120 Financial expenses 171244339543 Income (loss) before income taxes (3,339)1,601(5,690)3,577 Income taxesCurrent (1,400)504(3,069)1,343 Deferred 45216584825(948)669(2,221)1,368 Net (loss) income (2,391)932(3,469)2,209 Other comprehensive income (loss)Foreign currency translation adjustment (1,799)1,995682(581) Comprehensive income (loss) (4,190)2,926(2,787)1,627 Net income (loss) per share: Basic $(0.08)$0.03$(0.12)$0.08 Diluted $(0.08)$0.03$(0.12)$0.07 Weighted average number of shares outstanding Basic 28,357,61429,152,54128,355,78329,090,446 Diluted 28,357,61430,311,65128,355,78330,130,367 Thousands of Canadian dollars As atApril 30,2025October 31,2024$$ AssetsCurrent assets Cash 11,82916,471 Trade and other receivables 25,61623,843 Investment tax credits receivable 1,9361,941 Income tax receivable 1,968— Inventories 14,42714,926 Prepaid expenses and deposits 4,4674,03560,24361,216 Property and equipment 4,2054,241 Right-of-use assets 5,0144,669 Intangible assets 8,79911,241 Goodwill 46,99646,721 Non-refundable investment tax credits receivable 8,0366,523 Deferred income taxes 7,5846,70480,63480,099140,877141,315 LiabilitiesCurrent liabilities Line of credit 7,2952,227 Trade and other payables 18,22816,371 Income taxes payable —625 Current portion of lease liabilities 1,6801,380 Current portion of term loans 1,1621,150 Deferred revenue 11,96214,24540,32735,998 Lease liabilities 4,0254,047 Long term debt 9741,463 Deferred revenue 3,4643,01148,79044,520 EquityShare capital 87,31488,742 Deficit (10,187)(6,110) Share-based compensation and other reserves 5,5145,399 Foreign currency translation reserve 9,4468,76492,08796,796140,877141,315 Thousands of Canadian dollarsThree months ended April 30, Six months ended April 30, 2025 2024 2025 2024 ($)($)($) ($) Net Income (loss) (2,391)932(3,469) 2,209 Income taxes (recovery) (948)669(2,221) 1,368 Income (loss) before income taxes (3,339)1,601(5,690) 3,577Depreciation 9368961,828 1,733 Amortization 1,3131,6372,612 3,345 Financial expenses 171244339 543EBITDA(1) (919)4,378(911) 9,198Share-based payments (LTIP) 1,0446951,428 1,042 Legal settlement and related fees 1,549—1,716 — Adjusted EBITDA(1) 1,6755,0732,233 10,240Adjusted EBITDA Margin(1) 4.9 %14.8 %3.6 % 14.9 %___________ Note: (1) Non-IFRS measure. See "Non-IFRS Measures." View original content to download multimedia: SOURCE Haivision Systems Inc. View original content to download multimedia: Sign in to access your portfolio
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