Hapbee Delivers Breakout Q1 2025: Record Growth, Leaner Operations, and a Clear Path to Scalable Profitability
Hapbee Technologies (OTCQB: HAPBF), a digital wellness technology company, reported exceptional growth in Q1 2025. The company achieved a 191% revenue growth while reducing operating expenses by 62% compared to Q4 2024.
Key highlights include unit sales tripling year-over-year and increasing nearly 50% over Q4 2024. The company expanded its retail presence to over 380 Target locations and implemented a successful cost optimization program. Hapbee also launched a redesigned mobile app and website, introduced an affordable Smart Sleep Membership at $10/month, and strengthened its brand through partnerships with notable ambassadors.
Hapbee Technologies (OTCQB: HAPBF), un'azienda di tecnologia per il benessere digitale, ha registrato una crescita eccezionale nel primo trimestre del 2025. L'azienda ha raggiunto una crescita del fatturato del 191% riducendo al contempo le spese operative del 62% rispetto al quarto trimestre del 2024.
I punti salienti includono un triplicarsi delle vendite di unità su base annua e un aumento di quasi il 50% rispetto al Q4 2024. L'azienda ha ampliato la sua presenza al dettaglio a oltre 380 punti vendita Target e ha implementato un programma di ottimizzazione dei costi di successo. Hapbee ha inoltre lanciato una nuova app mobile e un sito web ridisegnati, introdotto un conveniente abbonamento Smart Sleep a 10$/mese e rafforzato il proprio marchio attraverso partnership con ambasciatori di rilievo.
Hapbee Technologies (OTCQB: HAPBF), una empresa de tecnología para el bienestar digital, reportó un crecimiento excepcional en el primer trimestre de 2025. La compañía logró un crecimiento de ingresos del 191% mientras reducía los gastos operativos en un 62% en comparación con el cuarto trimestre de 2024.
Los aspectos destacados incluyen que las ventas unitarias se triplicaron año con año y aumentaron casi un 50% respecto al Q4 2024. La empresa amplió su presencia minorista a más de 380 tiendas Target y llevó a cabo un exitoso programa de optimización de costos. Hapbee también lanzó una aplicación móvil y un sitio web rediseñados, introdujo una membresía Smart Sleep asequible a $10/mes y fortaleció su marca mediante asociaciones con embajadores reconocidos.
Hapbee Technologies (OTCQB: HAPBF)는 디지털 웰니스 기술 회사로서 2025년 1분기에 뛰어난 성장을 보고했습니다. 회사는 2024년 4분기 대비 매출이 191% 증가하고 운영 비용은 62% 감소했습니다.
주요 성과로는 전년 대비 판매 단위가 3배 증가했으며 2024년 4분기 대비 거의 50% 증가했습니다. 회사는 소매 매장을 380개 이상의 Target 매장으로 확장하고 성공적인 비용 최적화 프로그램을 시행했습니다. Hapbee는 또한 새로 디자인된 모바일 앱과 웹사이트를 출시하고, 월 10달러의 저렴한 스마트 슬립 멤버십을 도입했으며, 유명 홍보대사와의 파트너십을 통해 브랜드를 강화했습니다.
Hapbee Technologies (OTCQB : HAPBF), une entreprise de technologie de bien-être numérique, a rapporté une croissance exceptionnelle au premier trimestre 2025. La société a réalisé une croissance du chiffre d'affaires de 191% tout en réduisant les dépenses d'exploitation de 62% par rapport au quatrième trimestre 2024.
Les points forts incluent un triplement des ventes unitaires d'une année sur l'autre et une augmentation de près de 50% par rapport au T4 2024. L'entreprise a étendu sa présence en magasin à plus de 380 points de vente Target et mis en œuvre un programme d'optimisation des coûts réussi. Hapbee a également lancé une application mobile et un site web repensés, introduit un abonnement Smart Sleep abordable à 10 $/mois et renforcé sa marque grâce à des partenariats avec des ambassadeurs renommés.
Hapbee Technologies (OTCQB: HAPBF), ein Unternehmen für digitale Wellness-Technologie, verzeichnete im ersten Quartal 2025 ein außergewöhnliches Wachstum. Das Unternehmen erzielte ein Umsatzwachstum von 191% bei gleichzeitig 62% reduzierten Betriebskosten im Vergleich zum vierten Quartal 2024.
Zu den wichtigsten Highlights zählen eine Verdreifachung der verkauften Einheiten im Jahresvergleich sowie ein Anstieg um fast 50% gegenüber Q4 2024. Das Unternehmen erweiterte seine Einzelhandelspräsenz auf über 380 Target-Filialen und führte ein erfolgreiches Kostenoptimierungsprogramm durch. Hapbee brachte zudem eine neu gestaltete mobile App und Website auf den Markt, führte eine erschwingliche Smart Sleep-Mitgliedschaft für 10 $/Monat ein und stärkte seine Marke durch Partnerschaften mit namhaften Botschaftern.
- Revenue growth of 191% in Q1 2025
- Operating expenses reduced by 62% compared to Q4 2024
- Unit sales tripled year-over-year and increased 50% over Q4 2024
- Retail expansion to over 380 Target locations
- Improved gross margins through pricing strategies and supply chain optimization
- Introduction of affordable Smart Sleep Membership at $10/month
- None.
Following a
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, announced today its operational and strategic highlights for Q1 2025.
Building on the momentum of its record-breaking Q4 2024, Hapbee entered 2025 with exceptional velocity - delivering substantial growth in sales, significant 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, profitability, and user-centric product innovation.
Q1 2025 Highlights
- Accelerated Device Sales: Unit sales more than tripled year-over-year and surged nearly
50% over Q4 2024 (following a198% increase in device sales Q4 2024 over Q3 2024) reflecting strong consumer demand and effective activation strategies across digital and retail channels. - Successful Operational Restructuring Supports Growth: A company-wide cost optimization program resulted in a substantial reduction in operating expenses of
62% as compared to Q4 2024 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. - Strengthened Margins: Gross margin improvements were realized through a combination of stable cost of goods and refined pricing strategies, with additional supply chain optimizations underway.
- 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 Expansion: 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 a transformative 2024, which included:
- Device sales revenue increased
198% quarter-over-quarter, with unit shipments doubling, 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 Target.com, 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 created a springboard for the Company’s current momentum and reinforce its mission to make wellness accessible, personalized, and effective for everyone.
“2025 is off to a powerful start,” said Riz Shah, Chief Commercial Officer of Hapbee. “We are proud to have achieved the rare combination of accelerating revenue and disciplined cost control, signaling a scalable growth model. Hapbee is now positioned to enter its most capital-efficient phase yet, and we are incredibly excited for the Hapbee community and our shareholders.”
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 www.sedarplus.ca and on Hapbee's investor website at investors.hapbee.com.
Learn more at www.hapbee.com
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 significant 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.
Investor Relations
Renmark Financial Communications Inc.
Bettina Filippone: bfilippone@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
Media Relations
Theory Communications
Andrea Hamilton: andrea@theorycomm.com
www.theorycomm.com
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