Eddy Smart Home Solutions Ltd. Announces Q1/2026 Financial Results

General News

Summary

Eddy Smart Home Solutions reported Q1 2026 results with revenue up 16% year over year to $1.23 million. The company also grew operational revenue and recurring billings, with average monthly recurring revenue rising 17% to $350,821. Eddy increased installed in-building devices by about 15%, which supports future recurring revenue growth. Management said higher sales recruitment costs pushed net loss higher as it expands its sales organization and grows in the U.S. market.

Classifications

industries
General Utilities
applications
Data Management

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Labels
SaaS Facilities Management Software IoT Software

Linked Companies

Eddy Solutions
$1M to $5M