VisitIQ Corp. Reports $8.15 Million Net Loss and $2.64 Million Revenue for Fiscal Year Ending August 31, 2025

VisitIQ Corp., formerly known as Capstone Technologies Group Inc., reported a net loss of approximately $8.15 million for the fiscal year ending August 31, 2025, a decrease from a loss of $10.71 million in the previous year. The company's total revenue for the same period was approximately $2.64 million, down 12.1% from $2.99 million in 2024. This decline was primarily attributed to a significant drop in media activation revenue, which fell by 54.9% to $423,129, while data revenue increased by 7.5% to $2.21 million. The gross profit for the year was approximately $1.43 million, a notable improvement from a loss of $1,184 in the prior year, reflecting a gross margin of 54.2%.

In terms of operational changes, VisitIQ has focused on enhancing its AI-driven technology platform, which provides audience identification and activation solutions for marketing campaigns. The company has invested nearly $10 million into the development of this platform, which aims to address the challenges posed by rising data costs and the need for personalized marketing. The company has also undergone significant restructuring, including the conversion of convertible notes into Series B and Series C Convertible Preferred Stock, which has simplified its capital structure.

VisitIQ's customer base remains concentrated, with three customers accounting for 55% of its total revenue in 2025, highlighting a potential risk in revenue stability. The company reported a total of 24 employees as of April 30, 2026, down from 22 in the previous year, indicating a focus on operational efficiency. The company is also planning to expand its geographic footprint, particularly in European markets, to tap into the demand for privacy-compliant audience intelligence platforms.

Looking ahead, VisitIQ's management is optimistic about its growth strategy, which includes increasing customer adoption and expanding its product offerings. The company anticipates that its investments in AI and technology will drive future revenue growth, although it acknowledges the need for additional capital to support its operations and strategic initiatives. The company has secured commitments from its largest shareholder, Arena Investors, to provide funding through December 2026, which is crucial for its ongoing operations and growth plans.