From GlobeNewswire: 2025-05-30 19:46:00

Hydreight Technologies Inc. reported an exceptional first quarter in 2025, showing a 34% year-over-year growth in revenue, with a total revenue of $6.53 million. The company also achieved a Gross Margin of $1.50 million and an Adjusted EBITDA of $163K. Additionally, they completed a strategic financing round of $5.4 million in February to support growth initiatives. CEO Shane Madden expressed confidence in their strategy and highlighted the successful launch of new services on the VSDHOne platform.

Hydreight Technologies Inc. continues to focus on scaling responsibly and improving margins in the digital health space. Their priorities for 2025 include expanding offerings, achieving profitability, and driving growth in various verticals. The company has seen significant user growth over the past two years, resulting in consistent revenue growth and improved net income and comprehensive income. Hydreight’s mission is to build the largest mobile clinical network in the U.S., providing healthcare providers with tools to offer services directly to patients at home, office, or hotel.



Read more at GlobeNewswire: Hydreight Reports 34% Year-Over-Year Q1 Revenue Growth,