Annuncio • Feb 06
Scryb Inc., Annual General Meeting, Mar 31, 2026 Scryb Inc., Annual General Meeting, Mar 31, 2026. Annuncio • Sep 27
Scryb Inc. announced that it has received CAD 1.5 million in funding On September 26, 2025, the company closed the transaction. Annuncio • Sep 18
Scryb Inc. announced that it expects to receive CAD 0.6 million in funding Scryb Inc. announced a non-brokered private placement of up to 6,000,000 units at a price of CAD 0.10 per Unit, for gross proceeds of up to CAD 600,000 on September 17, 2025. Each Unit will consist of one common share (a "Common Share") and one half of one common share purchase warrant (each a full warrant a "Warrant"). Each Warrant entitles the holder to purchase one Common Share of the Company at a price of CAD 0.18 for a period of eighteen months after closing. The Company may pay a cash finder's fee to certain registered finders (each a "Finder") of up to 7% of the aggregate gross proceeds of subscriptions facilitated by such Finders; and (issue such number of finder's warrants (a "Finder's Warrant") that is equal to up to 7% of the number of Units sourced by the Finder, with each Finder's Warrant entitling the holder thereof to purchase one Common Share (a "Finder's Warrant Share") at an exercise price of CAD 0.18 per Finder's Warrant Share for a period of 18 months following the closing date of the Offering. The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of closing in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Annuncio • Jan 06
Scryb Inc. announced that it expects to receive CAD 2 million in funding Scryb Inc. announced a non-brokered private placement on January 5, 2025. The company will issue secured convertible debentures for gross proceeds of up to CAD 2,000,000. The Debentures will bear interest at an annual rate of 12% and the outstanding principal and interest can be converted into common shares of the Company at a conversion price of CAD 0.05 per Share. The Debentures will mature two years from the date of issuance, except for the debenture issued to an affiliate of Plaza Capital, the lead investor in the Offering, which will mature one year from the date of issuance. The Company may pay a cash finder's fee to certain eligible finders of up to 7% of the aggregate gross proceeds of the Offering facilitated by such finders. All securities issued will be subject to a four month and one day hold as required under applicable securities laws. Annuncio • Dec 11
An unknown buyer acquired an unknown stake in Fionet Rapid Response Group Inc. from Scryb Inc. (CNSX:SCYB) for CAD 4.3 million. An unknown buyer acquired an unknown stake in Fionet Rapid Response Group Inc. from Scryb Inc. (CNSX:SCYB) for CAD 4.3 million on December 6, 2024.
An unknown buyer completed the acquisition of an unknown stake in Fionet Rapid Response Group Inc. from Scryb Inc. (CNSX:SCYB) on December 6, 2024. Annuncio • Nov 07
Scryb Inc. announced that it has received CAD 0.7424 million in funding On November 6, 2024, Scryb Inc. closed the transaction. The company issued 29,696,000 units at a price of CAD 0.025 per unit for gross proceeds of CAD 742,400. Reported Earnings • Sep 01
Third quarter 2024 earnings released: CA$0.003 loss per share (vs CA$0.019 loss in 3Q 2023) Third quarter 2024 results: CA$0.003 loss per share (improved from CA$0.019 loss in 3Q 2023). Revenue: CA$8.2k (down 98% from 3Q 2023). Net loss: CA$894.4k (loss narrowed 81% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Annuncio • Aug 07
Scryb Inc. announced that it expects to receive CAD 1 million in funding Scryb Inc. announced a non brokered private placement financing to issue 40,000,000 units at an issue price of CAD 0.025 per Unit for the gross proceeds of CAD 1,000,000 on August 6, 2024. Each Unit shall be comprised of one common share and one whole Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.05 per Common Share until the date that is eighteen months from the date of issuance. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Reported Earnings • Jun 04
Second quarter 2024 earnings released: CA$0.016 loss per share (vs CA$0.007 loss in 2Q 2023) Second quarter 2024 results: CA$0.016 loss per share (further deteriorated from CA$0.007 loss in 2Q 2023). Revenue: CA$492.8k (down 23% from 2Q 2023). Net loss: CA$4.05m (loss widened 153% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. New Risk • Jun 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (€4.92m market cap, or US$5.34m). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.5m). Annuncio • Apr 02
Scryb Inc. announced that it expects to receive CAD 1.5 million in funding Scryb Inc. announced a non-brokered private placement financing to issue 60,000,000 units at an issue price of CAD 0.025 per unit for the gross proceeds of CAD 1,500,000 on April 1, 2024. Each Unit shall be comprised of one common share and one whole Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.05 per Common Share until the date that is eighteen months from the date of issuance. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Annuncio • Mar 13
Scryb Inc. Announces Board of Directors Changes Scryb Inc. announced the appointment of Yoav Raiter to its Board of Directors, effective immediately. Yoav remains the Chief Executive Officer of Scryb. In addition, the Company announced that Mr. Medhanie Tekeste has resigned as a Director of Scryb. Reported Earnings • Mar 03
First quarter 2024 earnings released: CA$0.011 loss per share (vs CA$0.036 loss in 1Q 2023) First quarter 2024 results: CA$0.011 loss per share (improved from CA$0.036 loss in 1Q 2023). Revenue: CA$485.2k (up 343% from 1Q 2023). Net loss: CA$2.90m (loss narrowed 66% from 1Q 2023). Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. President & Director W. Kent was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Feb 29
Scryb Inc., Annual General Meeting, Apr 23, 2024 Scryb Inc., Annual General Meeting, Apr 23, 2024. Reported Earnings • Feb 06
Full year 2023 earnings released: CA$0.08 loss per share (vs CA$0.046 loss in FY 2022) Full year 2023 results: CA$0.08 loss per share (further deteriorated from CA$0.046 loss in FY 2022). Revenue: CA$1.59m (up 138% from FY 2022). Net loss: CA$19.8m (loss widened 77% from FY 2022). New Risk • Sep 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.96m (US$9.47m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$15m free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (€8.96m market cap, or US$9.47m). Minor Risks Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Revenue is less than US$5m (CA$1.6m revenue, or US$1.2m). New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$15m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 21% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.2% increase in shares outstanding). Revenue is less than US$5m (CA$1.6m revenue, or US$1.2m). Market cap is less than US$100m (€12.3m market cap, or US$13.2m). Reported Earnings • Jun 02
Second quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.011 loss in 2Q 2022) Second quarter 2023 results: CA$0.007 loss per share (improved from CA$0.011 loss in 2Q 2022). Net loss: CA$1.60m (loss narrowed 38% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Annuncio • May 11
Scryb Inc. announced that it has received CAD 2.165 million in funding On May 10, 2023, Scryb Inc. closed the transaction. The company amended the terms of the transaction. The company issued 6,765,000 units at an issue price of CAD 0.125 per unit for gross proceeds of CAD 845,625 in its second and final tranche. The company has issued 17,320,000 units for gross proceeds of CAD 2,165,000. The company paid finder's fees of CAD 7,500 and issued 60,000 units. Annuncio • Dec 10
Scryb Inc., Annual General Meeting, Feb 22, 2023 Scryb Inc., Annual General Meeting, Feb 22, 2023. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. 1 highly experienced director. Independent Director Mike Minder is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Apr 28
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Mike Minder is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Nov 28
President & Director recently bought €2.3m worth of stock On the 25th of November, W. Kent bought around 166k shares on-market at roughly €13.74 per share. This was the largest purchase by an insider in the last 3 months. W. has been a buyer over the last 12 months, purchasing a net total of €2.4m worth in shares. Breakeven Date Change • Jul 27
Forecast to breakeven in 2022 The analyst covering Relay Medical expects the company to break even for the first time. New forecast suggests the company will make a profit of CA$375.0k in 2022. Average annual earnings growth of 104% is required to achieve expected profit on schedule. Is New 90 Day High Low • Jan 22
New 90-day high: €0.21 The company is up 48% from its price of €0.14 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 12% over the same period. 