TORONTO, ONTARIO / ACCESS Newswire / July 21, 2025 / EonX Technologies Inc. (CSE:EONX), ("EonX" or the "Company") is pleased to announce another significant milestone in its global expansion plan, with the official opening of its USA headquarters.
This expansion is underpinned by the Company's robust financial performance, highlighting 112% YoY growth in Gross Revenue ($23.8 million CAD) for the nine months ended 31 March 2025 (unaudited), sustaining five consecutive quarters of profitability and positive net profit after tax.
This significant momentum, coupled with the recent deployment of the Company's Global Technology Solution (GTS) platform, cements the next exciting phase for EonX's international growth journey.
The USA office will lead business development and partnership efforts, as EonX scales its enterprise-grade GTS payments and loyalty technology to service financial institutions, enterprise and SMB's in the USA.
President & Group CEO of EonX, Andrew Kallen, said, "The establishment of our USA office is the long-awaited light at the end of our GTS development tunnel. We have been busy, and quietly patient, building a market-first solution set to positively disrupt business payments and revolutionize the loyalty landscape in the USA."
In addition, Kallen said, "As a sign of our commitment in delivering tangible value to the market, to our customers, and to our shareholders, we are now laser focussed, equipped and ready to reward the underserved 'B2B bill payments' industry in the USA."
About EONX
EonX is a financial technology company powering the next generation of Loyalty, Payments and eWallet solutions, whilst rewarding business and customers when engaging and transacting.
On behalf of the board of directors of
EONX TECHNOLOGIES INC.
"Andrew Kallen"
President & Group CEO
For more information about EonX please contact:
Andrew Kallen
President & Group CEO
EONX Technologies Inc.
Telephone: +18036767776
Email: investors@eonx.com
Website: www.eonx.com
The CSE does not accept responsibility for the adequacy or accuracy of this news release.
Notice regarding Forward Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties as described in the Company's filings with Canadian securities regulators. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
SOURCE: EonX Technologies Inc.
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/eonx-reports-strong-growth-and-profitability-as-it-establishes-us-1050579
