Latest news with #HapbeeTechnologiesInc
Yahoo
25-06-2025
- Business
- Yahoo
Hapbee Issues Clarification of June 24, 2025 Press Release on Q1 2025 Financial Results
Following a 198% sales surge in Q4, Hapbee added 191% revenue growth in Q1 2025 while reducing operating expenses by 62% VANCOUVER, British Columbia, June 25, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies Inc. (TSXV: HAPB | OTCQB: HAPBF), ('Hapbee' or the 'Company'), the digital wellness technology company pioneering the science of bio-streaming, announces this clarification of its earlier press release dated June 24, 2025. This clarification is being issued at the request of the Canadian Investment Regulatory Organization (CIRO). Building on the momentum of Q4 2024, Hapbee entered 2025 with continued growth in sales - delivering meaningful growth in sales, notable reductions in operating expenses, and strategic improvements across its product and platform ecosystem. The Company's Q1 performance results underscore Hapbee's disciplined focus on operational excellence, improved efficiencies and user-centric product innovation. Q1 2025 Highlights Device Sales Growth: Unit sales more than tripled year-over-year in Q1 (from 338 to 1,404) and nearly 50% over Q4 2024 (from 941 to 1,404). This followed a 198% increase in device sales Q4 2024 over Q3 2024 reflecting strong consumer demand and effective activation strategies across digital and retail channels. Operational Restructuring: A company-wide cost optimization program resulted in a meaningful reduction in operating expenses of 62% as compared to Q4 2024 (from $1.6M to $584K) with savings realized through lower overhead, consulting fees, and streamlined administration, while preserving capital for high-impact R&D and commercial rollout of our next-gen wearable lineup - including the upcoming consumer launch of the Immersive Mattress Topper and Neckband V2 later in 2025. Platform Modernization: Hapbee's redesigned mobile app and website launched in the first half of Q2, introducing a more intuitive user experience, enhanced personalization, and improved subscription management - all key levers for recurring revenue growth. Ambassador Program Update: Human performance expert Gary Brecka engaged the wellness community, complementing existing brand advocates such as Jaylen Brown, Jason Kidd and others in expanding Hapbee's presence in science-backed wellness. Revised Messaging Integrated Across All Platforms: Hapbee revised its marketing messaging to focus on seven of the most predominant wellness challenges facing consumers – sleep, focus, stress, anxiety, energy, body aches/strains and dependency on caffeine, smoking and vaping – creating a needs-driven yet multi-solution wellness platform across Hapbee's website, Hapbee App and social campaigns. Strategic Continuity from 2024 Hapbee's Q1 performance builds on the 2024 results, which included: Device sales revenue increased 198% quarter-over-quarter from ($125K to $375K) driven by stronger customer engagement and education. Ambassador-led campaigns powered a surge in brand awareness and digital demand, funded by earlier private placements. Retail footprint expanded to over 380 Target locations and boosting national consumer access. Jumeirah Group partnership launched, integrating Hapbee into luxury spa programs with global expansion underway. Affordable Smart Sleep Membership introduced at $10/month or $99/year, widening accessibility for sleep-focused users. Platform upgrades underway, including a next-gen mobile app and redesigned website to drive user retention and subscription growth. These initiatives allowed for continuation of the Company's current momentum and reinforce the Hapbee mission to make wellness accessible, personalized, and effective for everyone. '2025 is off to a strong start,' said Riz Shah, Chief Commercial Officer of Hapbee. 'We are proud to have achieved a combination of accelerating revenue and disciplined cost control, signaling a scalable growth model.' About Hapbee Technologies Inc. Hapbee is a digital wellness technology company pioneering bio-streaming wearables designed to help people optimize sleep, focus, mood, and recovery. Hapbee's proprietary technology delivers safe, non-invasive signals that promote well-being—all controlled through an intuitive mobile app. The Company's financial statements and management's discussion and analysis for the period ended March 31, 2025 are available on SEDAR+ at and on Hapbee's investor website at Learn more at 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. Forward-Looking Information Forward-looking information is provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information involves notable risks and uncertainties and should not be read as a guarantee of future performance or results as actual results may differ materially from those expressed or implied in such forward-looking information. Those risks and uncertainties include, among other things, risks related to: that Hapbee will be able to complete its business objectives as anticipated; Hapbee's industry and its business, which may negatively impact, and may continue to negatively impact, Hapbee and may materially adversely affect its investments, results of operations, financial condition and Hapbee's ability to obtain additional equity or debt financing, and satisfy its financial obligations; circumstances may change resulting in the use of proceeds; general economic conditions; future growth potential; prices of its securities; liquidity; ability to access capital markets; environmental matters; and changes in legislation or regulations. Management believes that the expectations reflected in the forward-looking information contained herein are based upon reasonable assumptions and information currently available; however, management can give no assurance that actual results will be consistent with such forward-looking information. The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management's current beliefs and is based on information currently available to Hapbee. The forward-looking information is stated as of the date of this news release and Hapbee assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. For further information, please contact: Ken Adessky, Corporate Secretary, Hapbee Technologies Inc. Phone: (514) 802-2566 Email: yona@ Investor Relations Renmark Financial Communications Inc. Bettina Filippone: bfilippone@ Tel: (416) 644-2020 or (514) 939-3989 Media Relations Theory Communications Andrea Hamilton: andrea@ 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


Toronto Star
24-06-2025
- Business
- Toronto Star
Hapbee Technologies Inc. Closes 2024 with Record Q4 Device Sales, Global Distribution Partnerships and Strategic Board Appointments
Fueled by a 198% surge in Q4 device sales revenue and a 200% increase in shipments, Hapbee's revitalized marketing strategy, expanded retail footprint, luxury spa partnerships, and high-profile Board additions have set the stage for accelerated growth heading into 2025. VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) — Hapbee Technologies Inc. (TSXV: HAPB | OTCQB: HAPBF), ('Hapbee' or the 'Company'), the digital wellness technology company pioneering the science of bio-streaming, is pleased to announce the financial and operational results for the fiscal year ending December 31, 2024.


Associated Press
25-03-2025
- Health
- Associated Press
Hapbee - The Future of Wellness Tech - Takes Center Stage With Gary Brecka on ‘The Ultimate Human' Podcast
VANCOUVER, British Columbia, March 25, 2025 (GLOBE NEWSWIRE) -- Imagine optimizing your sleep, focus, and mood—all without ingesting a single substance. That's the power of Hapbee Technologies Inc. (TSXV: HAPB; OTCQB: HAPBF), the revolutionary leader in wearable wellness tech, and it's about to take the spotlight on one of the biggest global platforms for health and biohacking. Dr. Brian Mogen, Chief Scientist at Hapbee, joins world-renowned longevity expert Gary Brecka on 'The Ultimate Human ' podcast to break down the science behind Hapbee's game-changing bio-streaming technology. This highly anticipated episode drops today (March 25, 2025) and is set to introduce millions to the future of wellness. Ranked #1 in Health & Fitness on Spotify and #3 on Apple Podcasts, 'The Ultimate Human ' is the go-to destination for those seeking the latest breakthroughs in human optimization. Now, it's putting Hapbee front and center, where it belongs. Hapbee is not just another wearable; it's a revolution in wellness technology. Using low-energy electromagnetic signals, Hapbee mimics the natural frequencies of compounds like caffeine, melatonin, and CBD—helping users energize, focus, relax, or sleep without chemicals, pills, or side effects. It's the biohacker's dream and the health-conscious consumer's best-kept secret. Even Gary Brecka himself is hooked. In a recent Instagram post, he shared: ' Been testing @gethapbee for the last six weeks, and here's the deal—this thing is wild. What's crazy is it's not actually putting anything in your body; it's just mimicking the frequency.' Gary followed up on Facebook adding: ' For flights, energy and sleep - it's been a game changer. Turn it off? The effect stops immediately ' During the episode, Dr. Mogen and Brecka will dive deep into how Hapbee's cutting-edge frequency technology is reshaping the future of wellness—from peak performance to better sleep and stress management. This is a must-listen for anyone serious about health & performance. Yona Shtern, CEO of Hapbee, is excited about the brand's growing momentum, stating, ' having a respected expert like Gary Brecka explore the science behind Hapbee with Dr. Mogen is a game-changer. This is more than just a conversation—it's an opportunity to amplify our mission and introduce Hapbee to millions seeking real, science-backed wellness solutions.' Listen to 'The Ultimate Human' Podcast on: About Dr. Brian Mogen Dr. Brian Mogen serves as the Chief Scientific Officer of Hapbee, bringing a wealth of expertise in biomedical engineering and neural engineering. His research background plays a crucial role in advancing Hapbee's bio-streaming technology, which influences mental and physical states such as sleep, focus, and mood using safe, low-energy electromagnetic signals. Dr. Mogen's received his Ph.D. in Bioengineering from the University of Washington where his research focused on brain-computer interfaces, spinal implant technology, and minimally invasive surgical techniques. He co-authored a significant study titled 'Paired Stimulation for Spike-Timing-Dependent Plasticity in Primate Sensorimotor Cortex', published in the *Journal of Neuroscience*. His research investigated neural plasticity mechanisms in primates, offering valuable insights into sensorimotor cortex functionalities. About Gary Brecka Gary Brecka, the visionary founder of The Ultimate Human, is a renowned Human Biologist, biohacker, and longevity expert. With over two decades of experience in analyzing human biomarkers, Gary's unique approach combines the precision of science with the personal touch of individual wellness. Before creating The Ultimate Human, Gary served as a leading mortality researcher for the life insurance industry, where he honed his expertise in predicting health outcomes based on comprehensive data analysis. However, Gary's passion lies not in forecasting life spans but in extending them—enhancing the quality and vitality of every life. The Ultimate Human is consistently ranked among the top five health and wellness podcasts, reaching and impacting thousands of lives through its powerful media platform. Through The Ultimate Human, Gary shares his deep knowledge and innovative strategies to help individuals navigate their health journeys. His work is driven by a profound belief in the power of informed, personalized health interventions to transform lives. With Gary's guidance, The Ultimate Human continues to inspire and equip people to become the best versions of themselves, inside and out. About Hapbee Technologies, Inc. Hapbee is a wearable wellness technology company that aims to help people enhance how they feel. Powered by patented ultra-low radio frequency energy (ulRFE®) technology, Hapbee delivers low-power electromagnetic signals designed to produce sensations such as happy, alert, focus, relax, calm, and sleepy. Hapbee devices and subscriptions are available for purchase at [ +1.404.447.9894 Investor Relations Hapbee Technologies, Inc. [email protected]