Latest news with #MineHubTechnologiesInc
Associated Press
29-05-2025
- Business
- Associated Press
MineHub Reports Fiscal 2025 Annual Financial Results
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ('MineHub' or the 'Company'), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce it has filed its audited annual consolidated financial statements (the 'Annual Financial Statements') and management's discussion and analysis (the 'MD&A') for its fiscal year ended January 31, 2025. Copies of the Annual Financial Statements and MD&A are available on the Company's profile on SEDAR+ at Fiscal 2025 was a year of strategic execution that built on the vision MineHub outlined at the start of the year. Despite macroeconomic pressures extending sales cycles, the Company maintained rigorous focus on recurring SaaS revenue, which grew 17% year-over-year, while laying groundwork for scalable, sustainable growth. Key highlights for the fiscal year include: As industries face mounting regulatory and efficiency demands, MineHub is leveraging partnerships in Asia with key players including CargoGo and Sumitomo Corporation and strategic collaborations to accelerate adoption of its solutions. These efforts, combined with scalable product innovations, position the Company to sustainably grow recurring revenue in fiscal 2026. Chief Executive Officer Andrea Aranguren commented, 'Fiscal 2025 was a pivotal year for MineHub as we successfully executed our strategy to transition towards recurring SaaS revenue, resulting in a 17% year-over-year increase in the segment. Our growth in GMV, continued platform enhancements, and the closure of the Abaxx partnership reinforce our momentum and confidence to deliver long-term value. By prioritizing customer-driven innovation, operational discipline, and strategic focus, MineHub is building a resilient foundation for sustainable growth in volatile markets.' Accelerating Customer Activity Accelerating customer activity is increasing cumulative GMV transacted on the MineHub platform. MineHub achieved GMV of US$14.7 billion of commodities transacted on its platform in the year ended January 31, 2025, compared to US$12.2 billion in the year ended January 31, 2024. Fourth Quarter Business Highlights (November 1, 2024 - January 31, 2025) Outlook for Fiscal 2026 Building on fiscal 2025's strategic groundwork, MineHub is well-positioned to accelerate growth through a phased execution plan that balances immediate priorities with long-term market expansion: Core Market Execution: Adjacent Market Penetration: Strategic Collaboration: New Market Testing: Long-Term Growth Levers: Results of Operations [This table cannot be displayed. Please visit the source.] Annual Financial Highlights MineHub recorded revenue of $2.0 million in fiscal 2025, holding steady compared to the prior year. However, the composition of revenue shifted as the Company focused on growing stable, recurring SaaS revenue instead of pursuing non-recurring and highly variable professional services contracts. As a result, SaaS revenue increased by $240,374, representing a 17% increase compared to fiscal 2024, and this growth in SaaS revenue more than offset a decrease in professional services revenue. Net loss for fiscal 2025 was $6.2 million, compared to a net loss of $6.5 million in the prior year. The decrease in net loss is primarily due to operating expense reductions, partially offset by non-recurring other income in the prior year. Fourth Quarter Financial Highlights MineHub's fourth quarter fiscal 2025 revenue was $386,391. This represents a decrease of $255,091 compared to the prior year, as the Company has successfully transitioned to a recurring SaaS subscription revenue model rather than pursuing one-off professional services fee arrangements that occurred in fiscal 2024. MineHub recorded a net loss of $1.6 million in the fourth quarter, compared to $1.2 million in the same period last year. This $309,561 increase in net loss was primarily due to a decrease in professional services revenue, partially offset by changes in other income and expenses. Webinar Details The Company will also host an investor webinar to discuss its annual financial results on Thursday, May 29, 2025 at 9:00 am PT (12:00 pm ET). The webinar will be hosted by Andrea Aranguren, Chief Executive Officer, and Monika Russell, Chief Financial Officer, who will provide a corporate update, review the annual financial results, and discuss the company's outlook; followed by a question and answer session. About MineHub MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations. Andrea Aranguren CEO, MineHub Technologies Inc. For further information regarding MineHub, please email [email protected] or visit our website at Tel: (778) 373-3747. Cautionary Note Regarding Forward-Looking Statements 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. This news release contains statements that are considered 'forward-looking information' within the meaning of applicable Canadian securities legislation ('forward-looking statements') with respect to MineHub including, but not limited to, statements with respect to MineHub's future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company's operations, dependence on its key management personnel and market competition. Other risk factors are identified in the 'Risks and Uncertainties' section of the Company's management discussion and analysis for the year ended January 31, 2024, available on the Company's SEDAR+ profile at There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. Although the Company has attempted to identify risk factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. The forward-looking information is made as of the date included herein, and the Company assumes no obligation to publicly update or revise such forward-looking information. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub's management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change. Footnotes: (1) To view the source version of this press release, please visit
Yahoo
26-05-2025
- Business
- Yahoo
MineHub to Host Fiscal Fourth Quarter and Year End Financial Results Webinar on May 29, 2025
Investor Webinar scheduled for Thursday, May 29, 2025 at 9:00 am PT (12:00 pm ET) Vancouver, British Columbia--(Newsfile Corp. - May 26, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company"), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce that the Company will release its Fiscal Fourth Quarter and Year End 2025 financial results for the period ended January 31, 2025, after market closing on Wednesday, May 28, 2025. The Company will also host an investor webinar for its Fiscal Fourth Quarter and Year End Financial Results on Thursday, May 29, 2025 at 9:00am PT (12:00pm ET). The webinar will be hosted by Andrea Aranguren, Chief Executive Officer, and Monika Russell, Chief Financial Officer, who will provide a corporate update, review the year end financial results, and discuss the Company's outlook; followed by a Question & Answer session. Webinar Details Registration Link: Date: Thursday, May 29, 2025 Time: 9:00 am PT (12:00 pm ET) Dial-in: 778-907-2071 (Vancouver local) 647-374-4685 (Toronto local) Confirmation #: 838 6830 3357 About MineHub MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations. Andrea ArangurenCEO, MineHub Technologies Inc. For further information regarding MineHub, please email info@ or visit our website at Tel: (778) 373-3747 Cautionary Note Regarding Forward-Looking Statements 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. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
01-05-2025
- Business
- Associated Press
MineHub Technologies Launches Trade Insights Dashboard, Delivering Unprecedented Visibility into Supplier Performance
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ('MineHub' or the 'Company'), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce the launch of its Trade Insights Dashboard, a powerful analytics tool designed to drive operational efficiency, transparency, and data-driven decision-making across global non-ferrous metal trades. The dashboard provides users with comprehensive visibility into individual trades and supplier performance. Key features include: 'In commodity markets, transparency and agility are non-negotiable,' said Andrea Aranguren, CEO of MineHub. 'Our Trade Insights Dashboard equips customers with actionable intelligence to optimize trade execution, proactively manage risks, and strengthen supplier relationships. At a time of heightened disruption, this tool provides the clarity and agility that businesses need to reduce vulnerabilities and thrive amid unprecedented supply chain complexity.' The dashboard will be fully accessible to all paying customers, with select insights available to freemium users, broadening value across MineHub's growing network and continuing to drive market engagement. This new product release underscores MineHub's commitment to unlocking the full potential of platform data. By transforming raw data into strategic insights, MineHub enables commodity market participants to build resilient, agile operations. About MineHub: MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations. Andrea Aranguren CEO, MineHub Technologies Inc. For further information regarding MineHub, please email [email protected] or visit our website at Tel: (778) 373-3747. Cautionary Note Regarding Forward-Looking Statements 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 view the source version of this press release, please visit
Associated Press
20-03-2025
- Business
- Associated Press
MineHub Well-Positioned for Scalable Growth as Platform Processes Close to $15 Billion in Copper and Aluminum Transactions
MineHub's digital platform connects 198+ companies, reducing processing times up to 80%, through automation and network effects. A leading wire and cable manufacturing achieved $1.2M annual savings, 66% inventory reductions through enhanced collaboration and data-driven decision making. Vancouver, British Columbia--(Newsfile Corp. - March 20, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ('MineHub' or the 'Company'), a leader in digital solutions for commodity supply chains, today reiterated its scalable SaaS model and proven value proposition. MineHub generates revenue through volumetric fees tied to the metric tons (MT) of non-ferrous metals processed through its platform, driving recurring revenue while delivering customers annual savings through automation and collaboration. In 2024, the platform processed $14.7 billion USD of copper and aluminum transactions, cementing its role as critical infrastructure for the $1.18 trillion global non-ferrous metals market. 1 Andrea Aranguren, CEO of MineHub, commented, 'We're highlighting why MineHub isn't optional-it's essential as the digital foundation for global commodity trade. Our SaaS model ensures revenue grows with our customers' success, scaling with every metric ton digitized.' Business Model: Volume-Linked Recurring Revenue MineHub's volumetric fee-based revenue model is simple, predictable and aligned with customer success. With the global non-ferrous metals market projected to reach $1.74 trillion USD by 2033, MineHub is well-positioned to capitalize on this expanding market. 1 The Company's ability to onboard new customers and expand relationships with existing ones has been instrumental in driving revenue growth, as demonstrated by the 2024 expansion of its Sumitomo agreement to include all non-ferrous metals. Value Proposition: Four Pillars, Quantified Results MineHub's platform is an all-in-one digital solution delivering transformative value across four strategic pillars: PILLAR IMPACT PROOF POINT 1. Operational Efficiency 80% faster processing 60% fewer shipment emails (Wire manufacturer) 2. Risk Mitigation 66% lower inventory costs Prevented $1M stockouts (Wire manufacturer) 3. Collaboration 75% suppliers pre-connected 3-6 months faster onboarding 4. Data-Driven Insights 34-days earlier ETA visibility Digitized and connected 55 supply chain nodes (Aluminum trader) Ecosystem: Network Effects = Immediate Benefits MineHub's platform has rapidly established itself as the digital backbone for global metals supply chains, connecting 198+ companies across five continents. This comprehensive network includes industry giants across the value chain, creating a powerful network effect that drives further adoption. With operations spanning strategic mining and industrial markets across North America, Asia, and South America, MineHub has achieved critical mass in regions representing the world's primary copper and aluminum production and processing hubs. The global aluminum accounted for $179.67 billion USD in 2024 and is projected to reach around $329.08 billion USD by 2034, expanding at a CAGR of 6.24% from 2025 to 2034. 2 New customers find 75% of their partners already onboarded on MineHub, creating immediate value: One MineHub customer realized 8% reduction in at the gate receiving times by leveraging digital bills of lading data already on the platform. This network effect transforms fragmented supply chains into a cohesive ecosystem where participants gain increasing value as more partners join-enabling customers to achieve the documented efficiency gains and cost savings that have made MineHub essential infrastructure for industry leaders. Growth Strategy: Scaling the $1.74T Market Building on its strong foundation, MineHub is executing a multi-faceted growth strategy focused on: For further details, refer to MineHub's 2024 Annual Update and Strategic Outlook for 2025. 3 Leadership & Traction MineHub's leadership team, led by CEO Andrea Aranguren, brings unparalleled expertise in commodities trading, supply chain operations, and financial technology to the metals and mining sector. Their deep industry knowledge enables them to: With a proven track record of success, including managing $14.7 billion USD of transactions in 2024 alone, MineHub's leadership has positioned the Company as essential infrastructure for industry leaders. Their ability to turn industry complexities into immediate ROI demonstrates the platform's critical role in building resilient, efficient supply chains for the future of the non-ferrous metals industry. In addition, the Company announces that it has entered into a service agreement (the 'Agreement') with Resource Stock Digest ('RSD') of Round Rock, Texas. Under the terms of the Agreement, among other things, RSD has agreed to provide certain promotional services to the Company in accordance with Policy 3.4 - Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange (the 'Exchange'). RSD has been engaged for up to an 18-month advertising and marketing program for a cash fee of US$10,000 every 3 months payable upon receipt of approval of the Agreement by the Exchange. RSD conducts interviews with the Company and produces its own content that is distributed to RSD's subscriber base. RSD is owned and operated by Gerardo Del Real and Nick Hodge, both shareholders of the Company as at the date of the Agreement. RSD and Messrs. Del Real and Hodge are at arm's-length to the Company and have no relationship with the Company outside of this Agreement. About MineHub: MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations. Andrea Aranguren CEO, MineHub Technologies Inc. For further information regarding MineHub, please email [email protected] or visit our website at Tel: (778) 373-3747 Footnotes 1 2 3 MineHub's 2024 Annual Update and Strategic Outlook for 2025 Cautionary Note Regarding Forward-Looking Statements 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. This news release contains statements that are considered 'forward-looking information' within the meaning of applicable Canadian securities legislation ('forward-looking statements') with respect to MineHub including, but not limited to, statements with respect to MineHub's future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company's operations, dependence on its key management personnel and market competition. Other risk factors are identified in the Company's management discussion and analysis, available on the Company's SEDAR+ profile at There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. Although the Company has attempted to identify risk factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. The forward-looking information is made as of the date included herein, and the Company assumes no obligation to publicly update or revise such forward-looking information. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub's management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change.
Associated Press
19-02-2025
- Business
- Associated Press
MineHub Introduces Document Upload Automation for Efficient Supply Chains
MineHub automates document uploads to simplify and streamline supply chain workflows Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ('MineHub' or the 'Company'), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce the launch of its Document Uploader feature. This innovative tool is designed to simplify and automate document management within the physical commodities supply chains, facilitating its customers' ability to optimize their operations by efficiently sharing and reconciling shipment-related documents. This feature enables faster responses to disruptions, enhancing overall operations resilience. Currently, essential documents such as Bills of Lading, Packing Lists, Certificates of Analysis, and Warehouse Releases are primarily shared via email. This outdated process introduces inefficiencies, risks for manual error, and slows down the workflow. MineHub's Document Uploader modernizes this process by automating the identification and upload of these documents directly to the platform, ensuring they are associated with the correct shipment or order. The Document Uploader's initial scope focuses on shipment documents, the most frequent and impactful use case. By leveraging identifiers such as Shipment or Bill of Lading IDs in email subjects or file names, the system automatically organizes documents, creating a seamless audit trail and enhancing operational efficiency. Andrea Aranguren, CEO of MineHub, stated, 'Efficient document sharing is vital to our supply chain operations, yet many teams still struggle with outdated manual processes that lead to errors and delays. Our Document Uploader is designed to tackle these challenges head-on by automating workflows, reducing mistakes, and freeing businesses to focus on strategic initiatives that drive growth while ensuring supply chain integrity remains robust. This innovation not only enhances current operational efficiency but also sets a foundation for even more advanced tools in the future, helping our customers stay ahead of the digital transformation curve.' Key features of Document Uploader include: Automated Upload: Documents are identified and uploaded using shipment-specific identifiers, reducing manual intervention. Notifications: Relevant parties receive email updates when there are new documents uploaded. Centralized Management: Provides customers with a centralized location of all relevant document data, improving accessibility and traceability. Seamless Audit Trail: The system maintains a clear record of document uploads, enhancing transparency and compliance. MineHub plans to expand the Document Uploader's capabilities to include invoice and contract documents in future updates, further streamlining operations across the supply chain. By integrating automated document processing into its platform, MineHub continues to empower customers with tools that enhance visibility, streamline workflows, and deliver actionable insights. This launch underscores MineHub's continued dedication towards digitizing the commodities industry. About MineHub MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations. Andrea Aranguren CEO, MineHub Technologies Inc. For further information regarding MineHub, please email [email protected] or visit our website at Tel: (778) 373-3747 Cautionary Note Regarding Forward-Looking Statements 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. This news release contains statements that are considered 'forward-looking information' within the meaning of applicable Canadian securities legislation ('forward-looking statements') with respect to MineHub including, but not limited to, statements with respect to MineHub's future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company's operations, dependence on its key management personnel and market competition. Other risk factors are identified in the Company's management discussion and analysis, available on the Company's SEDAR+ profile at There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. Although the Company has attempted to identify risk factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. The forward-looking information is made as of the date included herein, and the Company assumes no obligation to publicly update or revise such forward-looking information. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub's management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change.
