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Healwell AI
Healwell AI (AIDX) investor relations material
Healwell AI Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Achieved record Q3 2025 revenue of CAD 30.4 million, up 354% year-over-year, driven by the Orion Health acquisition, organic growth, and strategic initiatives.
Positive Adjusted EBITDA of CAD 0.7 million, marking the second consecutive quarter of profitability and a 125% year-over-year improvement.
Completed the acquisition of Orion and full ownership of Pentavere, enabling deeper AI integration and global expansion.
Divested non-core clinical research and patient services divisions, streamlining operations to focus on AI/data science and healthcare software.
Launched Amadeus AI, integrating DARWEN into Orion Health's platform, and announced a 50/50 JV with WELL Health for an AI-driven clinical research platform.
Financial highlights
Q3 2025 revenue reached CAD 30.4 million, up 354% year-over-year, driven by Orion acquisition and organic/inorganic growth.
Gross profit was CAD 16.5 million, up 330% from Q3 2024; gross margin was 54% versus 57% last year.
Achieved positive Adjusted EBITDA of CAD 0.7 million, second consecutive quarter of profitability, compared to a loss of CAD 2.8 million in Q3 2024.
IFRS net loss from continuing operations was CAD 16 million, compared to CAD 8.7 million loss in Q3 2024.
Ended Q3 with CAD 15.6 million in cash, up from CAD 9.4 million at end of Q4 2024, with additional proceeds from divestments.
Outlook and guidance
Focused on completing integration plans in Q4 to maximize efficiency and flexibility, aiming for improved operating margins year-over-year.
Q1 2026 goal is to demonstrate commercial validation of AI platform in healthcare systems beyond life sciences.
Ongoing expansion of proof of value AI projects with healthcare systems across North America and active discussions with global pharma and research organizations.
Expect material growth in AI subscription revenue from hospital systems and clinics as adoption increases into 2026.
Expanding international presence and leveraging partnerships in the UK and Middle East.
Measure success of AI proof-of-value projects
Explain 10x-15x market expansion from Orion
M&A focus for tuck-ins and longer-term deals
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Next Healwell AI earnings date
Q4 202526 Mar, 2026
Healwell AI
Next Healwell AI earnings date
Q4 202526 Mar, 2026
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Frequently asked questions
Healwell AI Inc. is a healthcare technology company that focuses on the application of artificial intelligence (AI) and data science to advance preventative care. The company operates through various subsidiaries and initiatives to enhance healthcare delivery and outcomes. Khure Health, a wholly owned subsidiary, leverages AI to help physicians identify patients with rare diseases for more personalized treatment plans. The company is headquartered in Toronto, Canada, and its shares are listed on the Toronto Stock Exchange.
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