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VANCOUVER, May 15, 2025 – Femto Technologies Inc., previously known as BYND Cannasoft Enterprises Inc., a company with a market capitalization of $9.26 billion and trailing twelve-month revenue of $4.27 billion, has released its unaudited consolidated financial statements for the first quarter ended March 31, 2025. The documents, which include a management discussion and analysis, were filed in accordance with the regulations of the British Columbia Securities Commission.
The financial statements and accompanying management discussion analyze the company’s performance for the quarter. These documents are now accessible as part of the company’s latest 6-K form submission to the U.S. Securities and Exchange Commission (SEC). The report follows the SEC’s Rule 13a-16 or 15d-16, which pertains to foreign private issuers like Femto Technologies. According to InvestingPro analysis, the company maintains a "GOOD" financial health score, with particularly strong gross profit margins of 64.4%.
This filing also indicates that Femto Technologies will continue to submit annual reports under Form 20-F, which is the standard form used by foreign private issuers to provide financial information to the SEC. The company has not opted to submit this information in paper form as permitted by Regulation S-T Rule 101(b)(1) or Rule 101(b)(7).
The form 6-K includes an exhibit index that lists the consolidated financial statements as Exhibit 99.1 and the management discussion and analysis as Exhibit 99.2. Additional exhibits, such as the certifications of annual filings by the CEO and CFO, are also included in the submission.
Femto Technologies’ CEO, Yftah Ben Yaackov, signed the document on behalf of the company, as required by the Securities Exchange Act of 1934. The report is a routine regulatory requirement providing transparency to the market and ensuring that the company’s financial information is available for investor scrutiny.
Investors and interested parties can review the detailed financial statements and management’s analysis to gain insight into Femto Technologies’ financial health and strategic direction during the first quarter of the fiscal year 2025. The company’s next earnings report is scheduled for July 30, 2025. For deeper analysis and additional insights, investors can access comprehensive financial metrics and expert analysis through InvestingPro, which offers detailed research reports covering over 1,400 US stocks. The information is based on a press release statement.
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