Scryb Inc Stock Price, News & Analysis

Scryb Inc. (CSE: SCYB) has reported its Q3 2025 financial results, highlighting significant developments in its largest holding, Cybeats Technologies Corp. Following deconsolidation in November 2024, Scryb maintains a 40% ownership stake with 75 million common shares in Cybeats.

Cybeats demonstrated strong performance with Q2 2025 revenue of $744,664, marking a 51% increase from Q2 2024. The company significantly improved its net loss position to $(856,431), a 164% improvement year-over-year. Post quarter-end, Cybeats secured a $3.2 million financing and reported its strongest pipeline to date, with notable client expansions and strategic partnerships.

The company's SBOM Studio continues to gain traction among major industrial players including Emerson Electric, Rockwell Automation, Schneider Electric, and Johnson Controls.

Scryb Inc. (OTC:SCYRF) has updated its holdings in Cybeats Technologies Corp. following a significant debt settlement transaction. On August 5, 2025, Scryb acquired 9,788,450 common shares of Cybeats in settlement of $978,845 of debt, as part of a larger $1.5 million debt settlement involving 15,000,000 shares.

Prior to the transaction, Scryb held 64,643,500 shares and 13,125,000 warrants, representing 49.17% ownership (53.78% partially diluted). Following the debt settlement and accounting for other corporate actions, Scryb now owns 74,431,950 shares and 13,125,000 warrants, representing 38.59% ownership (42.50% partially diluted) of Cybeats' 192,880,745 outstanding shares.

Scryb (CSE: SCYB, OTC: SCYRF) has announced a 1-for-10 share consolidation effective August 13, 2025. The company's outstanding shares will be reduced from 323,187,472 to approximately 32,318,731 shares.

The consolidation will take effect at market open on the Canadian Securities Exchange, with the company maintaining its current name and trading symbol. No fractional shares will be issued, and any fractional shares will be rounded down. Shareholders of record as of August 12, 2025, will receive instructions from TSX Trust regarding the exchange of share certificates.

Scryb (CSE: SCYB) has announced a proposed 10-for-1 share consolidation of its common shares. Following the consolidation, the company's outstanding shares will decrease from 323,187,472 to approximately 32,318,747 shares.

The consolidation process will not generate fractional shares, as any fractional amounts will be rounded down to the nearest whole share with no cash compensation. The company will maintain its current name and trading symbol on the Canadian Securities Exchange (CSE), pending regulatory approval.

Scryb Inc. (CSE: SCYB) has appointed Daniel M. Proska as President, effective immediately. Proska, who previously served as CCO, brings significant experience in scaling technology companies, having been part of a leadership team that grew revenue from $5 million to over $100 million before a NASDAQ listing. Additionally, the company announced that James Van Staveren, who has served as Interim CEO since December 2024, has been appointed permanent CEO.

In his new role, Proska will guide company strategy, oversee investments, and strengthen relationships with operating companies. He has been instrumental in multiple capital raises and provides strategic advice to Cybeats, a cybersecurity company in which Scryb holds an approximately 50% equity stake.

Scryb Inc. (CSE: SCYB) has released its Q1 2025 financial results, reporting total assets of $13.5 million, marking a 54% increase from the previous quarter's $8.8 million. The company recorded a $9.3 million gain from Cybeats' accounting separation and a $1.36 million gain from selling its stake in Fionet Rapid Response Group.

Key financial positions include $2.2 million in cash and receivables, a significant stake in Cybeats Technologies (63 million shares, ~49% ownership), and over 16 million shares in Glow Lifetech. The company recently raised $1.1 million in financing and launched Raidian, an AI compliance and safety solution.

Cybeats' performance shows strong growth with total contract commitments exceeding $7 million in 2024, an 84% increase from 2023. The company achieved 148% net revenue retention and maintains a 90% trial-to-license conversion rate, recently securing a three-year contract with Rockwell Automation.

Scryb Inc. (CSE: SCYB) has strengthened its position in Cybeats Technologies Corp. through a $500,000 investment in a private placement at $0.16 per share on November 28, 2024, and additional open-market purchases of over 300,000 common shares in February 2025.

Key highlights from Cybeats' performance include: 148% net revenue retention for 2024, a multi-year agreement with Rockwell Automation, total contract commitments exceeding $7 million in 2024 (up from $3.8 million in 2023), and a 90% conversion rate from trial programs to commercial licenses.

Additionally, Scryb completed a secured convertible debentures offering, raising $1,175,300 in gross proceeds. The company has also granted 13,600,000 stock options at $0.05 per share, with 4,100,000 allocated to directors and officers.

Scryb Inc. (CSE: SCYB, OTCQB: SCYRF) has sold its joint venture interest in Fionet Rapid Response Group (FRR Group) to a private corporate development company for CAD$3.5 million plus a 3% royalty on net revenue until December 31, 2025. The transaction, completed on December 6, 2024, includes quarterly fixed payments through August 15, 2025, with an initial $800,000 payment at closing.

FRR Group, known for developing mobile software platforms for community-level healthcare, has successfully implemented its technology nationally in an African country. The acquirer plans to expand operations to other African nations. Scryb retains rights to use FRR Group's technology for non-competitive projects.

Additionally, W. Clark Kent has resigned as President of Scryb but will continue providing capital markets consulting services.

Scryb Inc. (CSE: SCYB, OTCQB: SCYRF) has launched Raidian, a new business unit focused on AI governance and compliance solutions. The unit has developed a SaaS prototype for managing AI risks and regulatory compliance in enterprise environments. Yoav Raiter, with 30+ years of software expertise, has been appointed as Raidian's CEO, stepping down from his positions at Scryb to lead this venture.

Raidian's solution addresses enterprise challenges in managing interconnected AI systems, offering real-time monitoring and risk mitigation capabilities. The venture targets the AI software and services market, projected to reach $741 billion by 2027. James Van Staveren has been appointed as interim CEO of Scryb Inc.