MindWalk Holdings Corp Q1 2026 Earnings Call Transcript - Thomson StreetEvents

MindWalk Holdings Corp Q1 2026 Earnings Call Transcript

MindWalk Holdings Corp Q1 2026 Earnings Call Transcript - Thomson StreetEvents
MindWalk Holdings Corp Q1 2026 Earnings Call Transcript
Published Sep 15, 2025
7 pages (4516 words) — Published Sep 15, 2025
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of HYFT.OQ earnings conference call or presentation 15-Sep-25 2:30pm GMT

  
Brief Excerpt:

...Thank you, Jordan, and good morning, everyone. For transparency, our first quarter results include contributions from our Netherlands operations, which we owned during the period. Six days into the second quarter, we completed the divestiture of those operations generating CAD16.1 million in net proceeds. Going forward, we will classify results related to these operations as discontinued operations. This sales strengthened our balance sheet and allowed us to concentrate resources on strategic high priority and high-margin initiatives. Against this backdrop, our Q1 performance was exceptionally strong. On a total operations basis, we reported record revenue of CAD7.6 million, up 45% year-over-year. Gross profit rose to CAD4 million, with margins expanding to 53%. Operating loss narrowed to CAD2.7 million. Adjusted EBITDA loss was cut in half year-over-year to CAD1.4 million and net loss improved to CAD3 million. General and administrative expenses declined underscoring our operational discipline....

  
Report Type:

Transcript

Source:
Company:
MindWalk Holdings Corp
Ticker
HYFT.OQ
Time
2:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Swayampakula Ramakanth - H C Wainwright & Co LLC (Pre-Merger) - Analyst : This is RK from H.C. Wainwright. So first of all, congratulations on the divestiture and also the rebranding of the company, which squarely now says that you are kind of an AI tech bio company. So a couple of questions, mostly on the financials of the company. In terms of the CAD4.3 million or so that was outside of the continued operations. What portion of that CAD4.3 million comes from the -- from any products that you continue to carry or also from the AI assets that you currently carry?


Question: Swayampakula Ramakanth - H C Wainwright & Co LLC (Pre-Merger) - Analyst : Okay. And then in terms of the gross margin contribution, which is pretty good, especially showing an expansion of about 50-plus percent. How much of that contribution comes from the continued operations? And how should we think about gross margin from here onwards with the continued operations?


Question: Swayampakula Ramakanth - H C Wainwright & Co LLC (Pre-Merger) - Analyst : Okay. So two more questions on the operations side of things. So with the dengue vaccine development, what's the strategy going forward? I know you stated that you are starting some preclinical programs. So what's beyond that?


Question: Swayampakula Ramakanth - H C Wainwright & Co LLC (Pre-Merger) - Analyst : Okay. And the last question from me. As I would imagine, the whole rebranding is behind trying to ensure yourselves to be seen more like a tech by a company rather than the CMO or CRO, which you had been carrying for so long. So to be true to that, if that's what you're looking to get to, would you be trying to generate an internal pipeline for the company itself to work on? Or is it going to be more of trying to identify partners with whom you can collaborate to help them progress their pipeline. So which direction do you plan to take company forward?

Table Of Contents

MindWalk Holdings Corp Q2 2026 Earnings Call Transcript – 2025-12-15 – US$ 54.00 – Edited Transcript of HYFT.OQ earnings conference call or presentation 15-Dec-25 3:30pm GMT

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Thomson StreetEvents. "MindWalk Holdings Corp Q1 2026 Earnings Call Transcript" Sep 15, 2025. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2026-MindWalk-Holdings-Corp-Earnings-Call-T16506949>
  
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Thomson StreetEvents. (2025). MindWalk Holdings Corp Q1 2026 Earnings Call Transcript Sep 15, 2025. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2026-MindWalk-Holdings-Corp-Earnings-Call-T16506949>
  
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