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Femto Technologies Announces Financial Results For The Year Ended December 31, 2024

Source: TheNewsWire

(TheNewswire)

(March 31, 2025) – TheNewswire- Femto Technologies Inc. (Nasdaq: FMTO )(“ Femto ” or the “ Company ”), a FemTechpioneer and the creator of Sensera , a feminine wellnessproduct, has released its financial results forthe year ended December 31, 2024. Full versions of Femto’s auditedconsolidated financial statements and management discussion andanalysis for the period, can be found on www.sedarplus.ca .

2024 Financial and Business Highlights:

  • Revenue decreased 7% to $998,839 for the year endedDecember 31, 2024, from $1,076,861 for the same period in2023.

  • Gross Profit decreased to 15% for the year endedDecember 31, 2024, from 37% for the same period in 2023.

  • Net loss increased 157% to $47,590,257 for the yearended December 31, 2024 from a net loss of $18,495,121 for the sameperiod in 2023.

  • Working capital increased to $4,121,747 for December31, 2024, from $2,441,703 for December 31,2023.

  • Total assets decreased to $30,241,067 for December 31,2024, from $36,801,368 for December 31,2023.

  • Loss per share decreased 93% to $101.31 for the yearended December 31, 2024 from $1,550.4 for the same period in2023.

  • Total shares outstanding as of December 31, 2024, were655,369.

  • On February 28, 2025, the Company announced it has closed a private placement ofapproximately $17 million.

  • On January 6, 2025, the Company announced that it hasbeen honored by the CES Innovation Awards® 2025 in the AI category for the Sensera device.

  • On October 30, 2024, the Company received the firstshipment of the Sensera devices from the factory in China.

Summary of Quarterly Comparison of Revenue, GrossProfit and Net Loss

Q4 2024

Q3 2024

Q2 2024

Q1 2024

Q4 2023

Q3 2023

Q2 2023

Q1 2023

Revenue

$182,306

$101,619

$405,946

$308,968

$205,121

$202,058

$251,047

$420,635

Gross Profit (loss)

$65,221

$(91,777)

$111,308

$65,950

$(56,711)

$72,085

$66,239

$316,943

Net Profit (loss)

$(11,631,845)*

$(5,418,470)**

$77,375

$(30,617,317)***

$(15,167,579)****

$(1,439,785)

$(1,147,324)

$(740,433)

*Includes change in fair value of derivative warrantsin the amount of $6,978,939 and impairment expenses of $2,599,169.

**Includes impairments of intangible assets in theamount of $5,601,167.

***Includes change in fair value of derivative warrantsliabilities in the amount of $28,977,934.

****Includes impairments of intangible assets and assetunder construction in the amount of $13,142,481.

ABOUT SENSERA

Sensera is a feminine wellness device on a mission tobridge the gap between feminine pleasure and wellness, providing aholistic self-care experience that adapts to a woman’s changingneeds. Sensera utilizes Femto’s proprietary Smart Release System(SRS) technology, including machine learning and AI, to enhancefeminine wellness. Sensera is a CES Innovation Awards® 2025 Honoraryin the AI category.

For more information on Sensera, please visit www.senserawellness.com and followus on Instagram , , and .

ABOUT FEMTO TECHNOLOGIES, INC.

Femto Technologies Inc. (Nasdaq: FMTO), previouslyknown as BYND Cannasoft Enterprises Inc., is a public Femtech company,pioneering a transformative change in the sphere of female wellness.Its proprietary Smart Release System (SRS technology) is embedded inSensera, which has been named CES Innovation Awards® 2025 honoree inthe AI category. Femto’s SRS technology is driving its R&Dactivities and product manufacturing for a variety of Femtechproducts.

The devices described in this news release are conceptdevices that are in the first stage of development and will be subjectto testing, experiments and regulatory approvals and therefore thereis no certainty that they will eventually be marketed.

For more information, please visit www.femtocorp.comand on SEDAR+: www.sedarplus.ca

MEDIA CONTACT

For product demonstration andmedia

Samantha Breen

Opportunity PR (for Sensera)

samantha@opportunitypr.com

+1 949.290.2834

COMPANY CONTACT

Gabi Kabazo

Chief Financial Officer

Tel: (604) 833-6820

e?mail: ir@femtocorp.com

Cautionary NoteRegarding Forward-Looking Statements

This news release includes certain statements that maybe deemed “forward-looking statements” within the meaning ofSection 27A of the U.S. Securities Act of 1933, as amended, andSection 21E of the U.S. Securities Exchange Act of 1934, as amendedand under Canadian securities laws. When used in this news release,the words “may”, “would”, “could”, “will”,“intend”, “plan”, “anticipate”, “believe”,“estimate”, “expect” and similar expressions are intended toidentify forward?looking statements. Such statements are subject tocertain risks and uncertainties, and actual circumstances, events orresults may differ materially from those projected in suchforward-looking statements.

Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performance,and actual events or developments may differ materially from those inforward-looking statements. Such forward-looking statementsnecessarily involve known and unknown risks and uncertainties, whichmay cause the Company’s actual performance and financial results infuture periods to differ materially from any projections of futureperformance or results expressed or implied by such forward-lookingstatements. Such statements reflect the Company's current views withrespect to future events and are subject to such risks anduncertainties. Many factors could cause actual results to differmaterially from the statements made, including future financialperformance,  unanticipated regulatory requests and delays, finalpatents approval, timing of the Sensera pre-order and those factorsdiscussed in filings made by the company with the Canadian securitiesregulatory authorities, including (without limitation) in thecompany's management's discussion and analysis for the year endedDecember 31, 2024 and annual information form dated March 31, 2025,which are available under the company's profile at www.sedarplus.ca,and in the Company’s Annual Report on Form 20-F for the year thenended that was filed with the U.S. Securities and Exchange Commissionon March 31, 2025. Should one or more of these factors occur, orshould assumptions underlying the forward-looking statements proveincorrect, actual results may vary materially from those describedherein as intended, planned, anticipated, or expected. We do notintend and do not assume any obligation to update theseforward?looking statements, except as required by law. Any suchforward-looking statements represent management's estimates as of thedate of this news release. While we may elect to update suchforward-looking statements at some point in the future, we disclaimany obligation to do so, even if subsequent events cause our views tochange. Shareholders are cautioned not to put undue reliance on suchforward?looking statements.

Copyright (c) 2025 TheNewswire - All rights reserved.

BYND Cannasoft Enterprises Inc.

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