Scryb Reports Fiscal 2025 Results; Strengthened Balance Sheet and Significant Cybeats Exposure
TORONTO, January 28, 2026 – Scryb Inc. (“Scryb'' or the “Company”) (CSE: SCYB) announces that it has filed its audited consolidated financial statements and Management’s Discussion and Analysis for the fiscal year ended September 30, 2025 (“FY2025”). The filings are available on SEDAR+.
Fiscal 2025 marked a transformative year for Scryb, highlighted by a materially strengthened balance sheet, significantly reduced operating costs, and a simplified corporate structure aligned with a focused portfolio of growth investments.
Fiscal 2025 Financial Highlights
Scryb holds 75 million Cybeats Technologies Corp. shares with a market value of approximately $12 million, based on a market price of $0.16 per share. These 75 million shares represent approximately 39% of Cybeats’ issued and outstanding shares. At market close on January 27, Scryb traded at $0.10 per share and had a market capitalization of approximately $4.7 million.
Working capital improved by approximately $8 million year-over-year, strengthening from a $6.8 million deficit at September 30, 2024 to a surplus of approximately $1.2 million at September 30, 2025.
Total liabilities were reduced by approximately 77% year-over-year, declining from $11.4 million at September 30, 2024 to approximately $2.6 million at September 30, 2025.
“Fiscal 2025 was a pivotal year for Scryb. Through disciplined execution and strategic portfolio realignment, we materially strengthened our balance sheet and exited the year with improved liquidity and a streamlined corporate structure. This positions Scryb to focus on long-term value creation while maintaining significant exposure to Cybeats’ upside as a strategic shareholder,” said James Van Staveren, CEO of Scryb Inc.
“2026 represents an inflection point for Scryb. We enter the year with our strongest financial foundation to date, a focused portfolio of assets, and significant optionality to pursue new investment opportunities. We expect continued growth in asset value and are actively exploring opportunities, including in digital assets, that we believe can drive long-term value for shareholders,” said Daniel Proska, President of Scryb.
The financial statements discussed in this release are filed on SEDAR+ at www.sedarplus.ca for more information.