Eddy Smart Home Solutions Ltd. Announces Q1/2025 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 30, 2025) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce its financial results for the three months ended March 31, 2025.Q1 2025 HighlightsGrowth in In-Building Devices Eddy has increased the number of in-building devices by approximately 41%, from 83,416 as of March 31, 2024, to 117,513 as of March 31, 2025. This significant growth is expected to drive additional revenue and highlights the increasing market acceptance of Eddy's...
2025-05-30 5:17 PM EDT
Eddy Smart Home Solutions Ltd. Announces Q4/2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - April 25, 2025) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce its financial results for the three and twelve months ended December 31, 2024.2024 HighlightsGrowth in In-Building Devices and Contract Revenue A key operating metric of the Company's progress and the value of the business can be measured by both the existing contracted revenue and the growth of the contracted sales backlog.Eddy has increased the number of in-building...
2025-04-25 6:22 PM EDT
Eddy Smart Home Solutions Ltd Grants Equity Incentives
Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company"), announces that it has granted an aggregate of 36,300 stock options ("Options"), 116,400 restricted share units ("RSUs") and 306,431 performance share units ("PSUs") to directors and officers of the Company. The Company has also granted an additional 185,101 Options to employees of the Company.The Options are each exercisable at a price of $2.50 per common share and, together with the...
2025-04-02 9:13 AM EDT
James Florentino Joins Eddy Solutions as Director of Sales, U.S.
Toronto, Ontario--(Newsfile Corp. - February 27, 2025) - Eddy Solutions (TSXV: EDY) ("Eddy" or the "Company"), a leading provider of advanced leak protection technology and building monitoring services, has further strengthened its executive team with the addition of James Florentino as Director of Sales, U.S.Mr. Florentino joins Eddy after previously working at WINT, where he gained extensive experience in addressing water-related risks for property stakeholders. In his new role at Eddy Solutions, he will focus on expanding the Company's presence...
2025-02-27 8:00 AM EST
Shkya Ghanbarian Joins Eddy Solutions as Chief Strategy Officer
Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - Eddy Solutions (TSXV: EDY) ("Eddy" or the "Company"), a leading provider of advanced leak protection technology and building monitoring services, has reinforced its leadership team with the return of Shkya Ghanbarian as Chief Strategy Officer."Shkya understands the leak mitigation industry and insurance markets better than anyone in the North American market," said Cory Silver, President of Eddy Solutions. "Eddy has built a reputation for delivering the industry's best leak detection across commercial...
2025-02-20 8:00 AM EST
Eddy Smart Home Solutions Ltd. Secures $1 Million Working Capital Loan Facility
Toronto, Ontario--(Newsfile Corp. - February 11, 2025) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company"), is pleased to announce that it has entered into a loan agreement with a non-arm's length private lender (the "Lender") for a $1 million revolving credit facility (the "Facility").The Facility bears interest at a rate of 12% per annum and will mature in two years. There were no fees paid in connection with the Facility. The Company intends to use...
2025-02-11 5:30 PM EST
Eddy Smart Home Solutions Ltd. Announces Q3/2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 28, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce its financial results for the three and nine months ended September 30, 2024.Q3 2024 HighlightsGrowth in In-Building Devices and Contract Revenue A key operating metric of the Company's success and the value of the business can be measured by both the existing contracted revenue and the growth of the contracted sales backlog.Eddy has increased the number of...
2024-11-28 6:12 PM EST
Eddy Smart Home Solutions Ltd. Announces Q2/2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 27, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce its financial results for the three and six months ended June 30, 2024.Q2 2024 HighlightsMessage from our CEO"This has been a pivotal quarter, as part of the private placement the credit facility of $1.1 million was converted into common shares and now with the repayment of the $5.6 million working capital facility, the balance sheet has been strengthened...
2024-08-27 5:48 PM EDT
Eddy Solutions Appoints Adam Bartman as Chief Operating Officer
Toronto, Ontario--(Newsfile Corp. - August 8, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company"), a leading provider of water management and leak detection technology, is proud to announce the appointment of Adam Bartman as the new Chief Operating Officer (COO). Adam Bartman as EVP of Operations has been instrumental in the company's growth and innovation. With over a decade of experience in the plumbing and mechanical industry, Adam has a deep understanding of the...
2024-08-08 9:08 AM EDT
PCL Construction Increases Investment in Eddy Smart Home Solutions
Toronto, Ontario--(Newsfile Corp. - July 10, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company"), a leading provider of water management and leak protection technology, is thrilled to announce that PCL Construction has increased its investment in the company. Through the Existing Shareholder Rights Offering and Private Placement that closed on June 28, 2024, PCL increased its position to 9.99% of Eddy and currently holds 612,861 post-consolidated shares. With solutions designed for each phase...
2024-07-10 10:18 AM EDT
Eddy Smart Home Solutions Ltd. Completes Share Consolidation and Closes $8M Private Placement
Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") announces that the Company has closed the non-brokered private placement previously announced by the Company on May 1, 2024, and May 14, 2024, through the issuance of 5,333,333 post-consolidation common shares of the Company for gross proceeds of $8,000,000 to the Company at $1.50 per post-consolidation share (the "Offering"). At the Company's annual general and special meeting held on June 17, 2024...
2024-07-02 9:13 AM EDT
Eddy Smart Home Solutions Ltd. Announces Q1/2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce its financial results for the three months ended March 31, 2024.Q1 2024 HighlightsGrowth in In-Building DevicesEddy has increased the number of in-building devices by 50%, from 55,321 as of March 31, 2023, to 83,416 as of March 31, 2024 (93,578 at May 27, 2004). This significant growth is expected to drive additional revenue and underscores the increasing...
2024-05-28 5:05 PM EDT
Eddy Smart Home Solutions Ltd. Confirms Date of Shareholder Meeting and Provides Update on Financing
Toronto, Ontario--(Newsfile Corp. - May 14, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") announces that the Company will hold its upcoming annual general and special meeting on June 17, 2024 (the "Meeting"). At the Meeting, shareholders will be asked to elect the Company's directors, appoint the Company's auditor, approve a share consolidation (the "Consolidation"), approve the recently announced non-brokered private placement involving the potential creation of Mr. Mark Silver as a "control person" (the...
2024-05-14 10:07 PM EDT
Eddy Smart Home Solutions Ltd. Announces Private Placement of up to $8,000,000 and Share Consolidation
Toronto, Ontario--(Newsfile Corp. - May 1, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to $8,000,000, comprised of up to 5,333,333 post-consolidation (see below) common shares of the Company at $1.50 per post-consolidation share (the "Offering"). Mark Silver, the CEO and Chairman of the Company, has agreed to subscribe (either directly or through a controlled entity) for, at...
2024-05-01 8:00 AM EDT
Eddy Smart Home Solutions Ltd. (Formerly Aumento Capital VIII Corp.) Announces Year Ended and Q4/2023 Results
Toronto, Ontario--(Newsfile Corp. - April 26, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) (formerly Aumento Capital VIII Corp.) ("Eddy" or the "Company") is pleased to release its financial statements for the three and twelve months ended December 31, 2023.OVERVIEWQ4/2023 is the first time since being a public company that the Company had positive Net Cash Flow from Operating Activities."This is a milestone moment for the company, we have successfully reduced G&A, increased revenue and improved operational and working...
2024-04-26 6:11 PM EDT
Eddy Smart Home Solutions Ltd. Announces Cory Silver as President
Toronto, Ontario--(Newsfile Corp. - March 1, 2024) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company"), is delighted to announce, in line with its strategic succession planning, the appointment of Cory Silver as its President effective March 1st, 2024.Bringing a wealth of experience, Mr. Silver steps into his new role with a comprehensive understanding of the advanced technology and building solutions industry. The transition to this leadership position comes after a succession process during which previous management...
2024-03-01 4:15 PM EST
Eddy Smart Home Solutions Ltd. Announces Full Revocation of Failure-to-File Cease Trade Order, Provides Update on Reinstatement of Trading on the TSXV and Notice to Transfer from Tier 1 to Tier 2
Toronto, Ontario--(Newsfile Corp. - September 26, 2023) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company") is pleased to announce that on September 18, 2023, the Ontario Securities Commission revoked the failure-to-file cease trade order issued by it on July 7, 2023 for the Company's failure to file its: (i) audited annual financial statements for the year ended December 31, 2022 and management's discussion and analysis and CEO and CFO certifications relating thereto (the "Annual Documents"); and...
2023-09-26 8:41 PM EDT
Eddy Smart Home Solutions Ltd. Provides Bi-Weekly Status Report on Management Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Eddy Smart Home Solutions Ltd. (TSXV: EDY) ("Eddy" or the "Company"), is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"). As previously announced on April 18, 2023 and as further updated on May 3, 2023, May 16, 2023 (the "May 16 News Release"), and May 30, 2023 (the "May 30 News Release") the Company applied...
2023-06-13 9:43 PM EDT
Aumento Capital VIII Corp. and Eddy Smart Home Solutions Inc. Announce Completion of Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - January 13, 2022) - Aumento Capital VIII Corp. (TSXV: AMU.P) ("Aumento") and Eddy Smart Home Solutions Inc. ("Eddy") are pleased to announce that they have completed their Qualifying Transaction (as such term is defined by the TSX Venture Exchange (the "TSXV")) pursuant to which Aumento and Eddy combined their respective businesses (the "Transaction"). In connection with the Transaction:all subscription receipts of Eddy issued pursuant to its brokered private placement for aggregate gross proceeds of $12,308,260.80 were...
2022-01-13 8:09 AM EST
Aumento Capital VIII Corp. and Eddy Smart Home Solutions Inc. Announce Conditional Approval for Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - January 10, 2022) - Aumento Capital VIII Corp. (TSXV: AMU.P) ("Aumento") and Eddy Smart Home Solutions Inc. ("Eddy") are pleased to announce that Aumento has received conditional approval from the TSX Venture Exchange (the "TSXV") for its Qualifying Transaction (as such term is defined in the policies of the TSXV), pursuant to which Aumento and Eddy will combine their respective businesses (the "Transaction").The Transaction remains subject to the final approval of the TSXV and satisfaction of...
2022-01-10 8:38 PM EST