Biotricity
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Biotricity (BTCY) investor relations material

Biotricity Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary11 Feb, 2026

Executive summary

  • Achieved third consecutive quarter of positive net operating income and EBITDA, reflecting disciplined execution, operational efficiency, and recurring technology fees and device sales growth.

  • Rapid expansion of digital ecosystem, with app users growing from 4,500 to over 44,000 in two years and a provider network supporting up to 4 million patients annually.

  • High customer retention rate exceeding 90%, driven by solution quality and customer support.

  • Demand for remote patient management and chronic cardiac care solutions continues to accelerate, driven by an aging population and healthcare staffing shortages.

  • Strategic initiatives and technological advancements, including AI-enabled solutions, position the company for sustained growth and profitability in 2026.

Financial highlights

  • Revenue for Q3 FY2026 increased 10.2% year-over-year to $4 million, and $11.7 million for the nine months ended December 31, 2025, up 16.5% year-over-year.

  • Gross margin improved to 81.5% for Q3 FY26, and 81.3% for the nine months, up from 76.4% and 75.2% respectively.

  • Operating expenses decreased 4.2% to $2.8 million for the quarter, and 6.8% to $8.55 million for the nine months, with SG&A down and R&D up.

  • Net loss attributable to common stockholders narrowed to $1.1 million ($0.042 per share) for the quarter, and $2.08 million for the nine months.

  • Free cash flow positive for six consecutive quarters, with $1.8 million generated for the nine months.

Outlook and guidance

  • Expects continued strong adoption of Biotres Pro and further top-line revenue growth in 2026, with ongoing investment in R&D and commercialization of new products.

  • Anticipates achieving net income profitability within the year, building on current positive trends.

  • Focus remains on U.S. market expansion, with opportunistic international growth through distribution partnerships and regulatory approvals.

  • Company expects existing cash and anticipated near-term financings to meet needs for the next twelve months, but additional capital may be required for further expansion.

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Frequently asked questions

Biotricity Inc. is a medical technology company focused on developing and marketing remote biometric monitoring solutions for chronic health conditions. The company’s products primarily target the cardiovascular market, offering devices such as portable cardiac monitors that track and transmit real-time data for diagnostic and patient management purposes. Biotricity integrates its technology with cloud-based platforms to provide healthcare professionals with continuous monitoring and analytics. The company is headquartered in Redwood City, California, USA, and its shares are listed on the NASDAQ.

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