Strong Revenue Growth (2024 vs 2023)
Annual revenue increased to approximately $1.51M in 2024 from $869K in 2023, an increase of about 74%, driven primarily by media management and professional services.
Robust Year-to-Date Momentum (9 months 2025)
Revenue for the 9 months ended September 30, 2025 reached ~$1.86M versus $968K in the comparable 9-month period in 2024, effectively doubling year-over-year (≈92% increase).
Gross Profit Turned Positive and Improved Margins
Gross profit for fiscal 2024 was positive at ~$61K (from a gross loss in 2023). For the first 9 months of 2025, gross profit improved to ~$414K from $236K in the prior year period, an increase of ~75%.
Significant Reduction in Operating Loss
Operating loss declined from approximately $8.95M in 2023 to $5.45M in 2024, a reduction of roughly $3.5M (≈39% improvement), reflecting stronger cost discipline and deployment efficiency.
Winkel Media JV Expansion
Winkel Media (JV with Anheuser-Busch) recently added ~5,400 locations across Latin America, significantly scaling the in-store retail media footprint and expected to materially impact revenue in 2026 as installs activate and advertising ramps.
Strategic Product and Platform Expansion - Data Fusion
VSBLTY is expanding from core computer vision into data fusion (integrating video analytics, access control, IoT, LPR, satellite, third-party feeds) targeting smart cities, command centers, critical infrastructure and military markets — broadening addressable market and embedding the platform into mission-critical workflows.
Silicon & Technical Certifications
Platform certified on multiple silicon stacks (Intel, Qualcomm, Blaze) with NVIDIA certification imminent, increasing flexibility for edge deployments and systems integrator partnerships.
Advanced Commercial Pipeline
Management reports being in advanced stages of closing 2–3 contracts across retail media and security verticals, and multiple high-probability projects in the pipeline that could materially reduce cash burn if executed.