HEALWELL AI reports record $103.8M revenue and first positive adjusted EBITDA

HEALWELL AI Inc. reported record annual revenue from continuing operations of approximately 103.8 million dollars in fiscal 2025. Revenue increased 427 percent compared to 19.7 million dollars in fiscal 2024. The company achieved gross profit of 57.3 million dollars in 2025 compared to 10.8 million dollars in 2024. Gross margin was 55 percent in both years. The company delivered adjusted EBITDA of 2.3 million dollars in fiscal 2025. This compares to an adjusted EBITDA loss of 14.2 million dollars in 2024. The result marks the first full year of positive adjusted EBITDA for the company. The revenue growth and EBITDA improvement reflect the Orion acquisition and a restructuring of the cost base and business mix. HEALWELL reported an IFRS net loss from continuing operations of 39.1 million dollars in 2025 compared to a net loss of 24 million dollars in the previous year. The company ended the year with 18.6 million dollars in cash compared to 9.4 million dollars as of December 31, 2024.