Victory Square Subsidiary Hydreight Reports Record FY25 Growth, Sets Ambitious FY26 Target

Victory Square Technologies Inc. announced that its primary operating subsidiary, Hydreight Technologies, achieved record financial results for the 2025 fiscal year. As the largest contributor to Victory Square's consolidated performance, Hydreight's growth is central to the parent company's overall financial health. Victory Square currently maintains a 51.03% ownership stake in the entity. Financial performance for the period showed a sharp increase in profitability. The company reported adjusted EBITDA of $2.5 million, a substantial leap from the $136,000 recorded in the previous year. Total revenue grew to approximately $35.4 million, up from $16.04 million, while adjusted revenue reached $43.56 million, representing a 95% year-over-year increase. Looking ahead, Hydreight has provided highly optimistic revenue guidance of approximately $150 million for fiscal 2026. Management indicated that this incremental growth is expected to be supported largely by existing infrastructure, suggesting a high degree of scalability without requiring immediate massive capital expenditure. The results underscore Hydreight's role as the primary driver of Victory Square's consolidated financial performance, positioning the subsidiary for significant expansion in the coming year.