Hapbee Technologies Inc. had a strong Q1 in 2025 with record growth and reduced expenses.
From GlobeNewswire: 2025-06-24 11:31:00
Hapbee Technologies Inc. reported strong Q1 2025 performance with tripled year-over-year unit sales and a 50% surge over Q4 2024. They reduced operating expenses by 62% through cost optimization. Gross margins improved, and platforms were modernized. The company’s redesigned app and website enhance user experience, while a focus on wellness challenges strengthens messaging.
Q1 results build on Hapbee’s successful 2024, including a 198% increase in device sales revenue and doubling unit shipments. Ambassador-led campaigns boosted brand awareness, and partnerships with retailers like Target and Jumeirah Group expanded consumer access. A Smart Sleep Membership and platform upgrades set the stage for future growth.
Hapbee Technologies Inc. is a digital wellness technology company specializing in bio-streaming wearables for sleep, focus, mood, and recovery. Their innovative technology delivers non-invasive signals through an intuitive mobile app. Financial statements for Q1 2025 can be found on SEDAR and Hapbee’s investor website. The company aims to make wellness accessible and effective for all.
Read more at GlobeNewswire:: Hapbee Delivers Breakout Q1 2025: Record Growth, Leaner