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4.52509163309502E-05 0.0136205258156478 0.0136205258156478 0.0294583465315171 0.0090954341825421 -0.137970043893389 -0.176071315444138 -0.18774605185755
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MindWalk Holdings Corp.™ (formerly ImmunoPrecise Antibodies™) Reports Record $7.6 Million Quarterly Revenue, 45% Growth, Margin Expansion, Narrowed Losses, and Strengthened Balance Sheet

MindWalk Holdings Corp. (HYFT) 
Company Research Source: Business Wire
Company to hold conference call on September 15, 2025, at 10:30 ET toreview corporate highlights AUSTIN, Texas--(BUSINESS WIRE)--MindWalk Holdings Corp.™ (“MindWalk™”, “Company”, “we” or “us”) (NASDAQ: HYFT), a Bio-Native AI company operating at the intersection of TechBio and next-generation drug discovery, today announced financial results for its first fiscal quarter of 2026, ended July 31, 2025. All numbers are expressed in Canadian dollars unless otherwise noted.First Quarter Highlights:Record revenue of $7.6 million, up 45% year-over-year; continued operations revenue of $3.2 million, up 28%Gross margin expanded to 53%; gross profit $4.0 million vs. $2.4 million last yearOperating loss and adjusted EBITDA loss both reduced by nearly halfNet loss improved to $3.0 million vs. $4.0 million last yearCash balance of $5.0 million at quarter-end, plus $16.1 million in net proceeds from Netherlands divestitureSoft launch of MindWalk rebrand; progress on dengue vaccine program and Len Show less Read more
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