Biotricity Inc Stock Price, News & Analysis

Biotricity (OTCQB:BTCY), a Technology-as-a-Service healthcare company, will host its Fiscal 2025 Fourth Quarter Financial Results and Business Update Call on July 18, 2025, at 4:45 PM ET. The company anticipates announcing its best financial performance to date, including improvements in margins, operational efficiency, and a shift to positive adjusted EBITDA.

CEO Dr. Waqaas Al-Siddiq and CFO John Ayanoglou will lead the presentation followed by a Q&A session. The call will be accessible via webcast and toll-free numbers, with replay available until August 1, 2025.

Biotricity (OTCQB: BTCY) has been named one of the Americas' Fastest-Growing Companies 2025 by the Financial Times, achieving remarkable growth of 256.4% between 2020 and 2023. The company, specializing in Technology-as-a-Service for diagnostic and chronic disease management solutions, has demonstrated exceptional performance despite global challenges including the COVID-19 pandemic and supply chain disruptions.

The recognition comes as Biotricity addresses a critical healthcare gap, with over 100 million Americans facing barriers to accessing essential healthcare services. The company's proprietary remote monitoring technologies have particularly impacted high-risk cardiac patients, enabling medical providers to deliver faster interventions both in the U.S. and internationally.

The complete Financial Times report will be published on April 25, 2025, available to U.S. newspaper subscribers and globally on ft.com.

Biotricity (OTCQB:BTCY) has significantly expanded its intellectual property portfolio with 14 new patents, bringing its total to 15 issued patents and 14 pending. The company's latest innovations focus on a breakthrough multi-biometric device platform that can function as both a patch and watch for remote patient monitoring.

The new technology enables simultaneous diagnostic studies through a versatile device with base components that can be transferred between patch and watch form factors. This advancement allows for concurrent diagnostic assessments, such as cardiac and sleep studies, streamlining the patient care process and reducing diagnosis delays.

The expanded patent portfolio reinforces Biotricity's position in remote monitoring, diagnostics, and chronic disease management solutions. The company's Technology-as-a-Service (TaaS) approach aims to improve patient outcomes by enabling earlier detection of health issues while generating revenue through insurance reimbursement.

Biotricity (BTCY) reported strong Q3 FY25 results with revenue growth of 21.7% YOY to $3.6 million. The company achieved significant improvements in key metrics, including gross margins reaching 76.4% (up from 72.9% YOY) and a 56.7% reduction in net loss to $1.32 million.

Recurring Technology Fee revenue, comprising 94% of total revenue, demonstrated robust performance with an 81.4% gross profit percentage. The company successfully reduced SG&A expenses by 20.5% to $2.38 million compared to the previous year. Biotricity achieved positive cash flow on current operating basis for the second consecutive quarter, showing a 114.5% improvement from the prior quarter.

The company's technology is currently utilized across hundreds of centers in 35 states, with a growing focus on hospital networks and AI-driven solutions for remote cardiac care.

Biotricity (OTCQB: BTCY), a Technology-as-a-Service company in remote cardiac monitoring, has announced strong financial performance for Q3-FY25. The company expects to report revenue of $3.6 million, representing a 22% year-over-year growth and an 11% sequential increase from the previous quarter.

The company will achieve positive cash flow for Q3-FY25 on current operating basis (before interest, dividends, and amortization), along with improved gross margins and operating results. This progress stems from their focus on automation, operating efficiency, and financial discipline while leveraging their Biocore suite of products and AI-driven solutions.

The full financial results will be released on February 19th, 2025, followed by a conference call on February 20th at 5:30 PM EST.

Biotricity Inc. (OTCQB:BTCY) and B-Secur have announced a strategic partnership to develop an advanced device-neutral platform for integrated heart monitoring. The collaboration combines B-Secur's FDA-cleared HeartKey® algorithms and analytics with Biotricity's diagnostic solutions to enhance Ambulatory Cardiac Monitoring capabilities.

The partnership aims to address critical healthcare challenges, including the fact that 90% of U.S. adults are at risk of developing cardiovascular disease (CVD), an expected shortage of up to 124,000 physicians by 2034, and CVD-related costs projected to triple to $1.8 trillion by 2050. The solution focuses on early detection and intervention, which can reduce heart attack and stroke risk by over 80%.

Biotricity (OTCQB: BTCY) has secured significant financing to strengthen its financial position and reach profitability without requiring future funding. The company completed an $811,000 capital raise through promissory notes, matched with a $635,000 term loan. The lender also provided interest relief by capitalizing $945,000 in existing debt.

This capital enabled Biotricity to place its largest manufacturing order to date, preparing for anticipated 2025 sales. The company's AI workflow engine has improved operational capacity by 50%, with an additional 15% improvement expected. Their next-generation AI cloud system is projected to reduce COGS across their SaaS business by 5% post-FDA clearance.

Biotricity (OTCQB: BTCY) has achieved positive free cash flow for the first time, marking a significant milestone towards profitability. For the quarter ended September 30, 2024, the company reported positive Free Cash Flow of $355,016 ($0.016 per share), a substantial improvement from negative $725,567 in the previous quarter and negative $1.6 million in the same quarter last year. This achievement demonstrates the company's progress in operational efficiency and financial discipline. Management plans to accelerate new product launches in FY25 to enhance long-term profitability and sustainability.

Biotricity (BTCY) reported Q2 FY25 financial results with 13% year-over-year revenue growth to $3.3 million. The company achieved significant improvements in key metrics, including gross margins increasing to 75.3% from 69.1% year-over-year. Recurring Technology Fee revenue comprised 94% of total revenue with a 79% gross profit percentage. The company reduced SG&A by 35.5% to $2.25 million and decreased net loss by 57.4% to $1.65 million. Notably, Biotricity achieved positive cash flow in September on a current operating basis, before interest, dividends, and amortization, with management expecting continued improvement in cash flows.