- HEALWELL AI (OTCQX: HWAIF) reports 200% year-over-year growth in AI segment revenue for H1 2025, surpassing $5 million.
- Acquisition of the remaining 49% stake in Pentavere Research Group for approximately $14 million.
- Expected positive Adjusted EBITDA for the AI business segment in H1 2025, driven by 100% organic revenue growth in Pentavere and Khure Health.
HEALWELL AI Inc. (OTCQX: HWAIF), a leading healthcare artificial intelligence company, has announced impressive growth figures for its core AI business division. Preliminary revenues for the segment are expected to exceed $5 million for the first half of 2025, marking a significant 200% increase compared to the same timeframe last year. This robust performance is anticipated to result in a positive Adjusted EBITDA for the AI segment in H1 2025.
In a strategic move to consolidate its technological prowess, HEALWELL has successfully acquired the remaining 49% stake in Pentavere Research Group. The acquisition, valued at approximately $14 million, was completed through the issuance of 10.16 million Subordinate Voting Shares. With full ownership, HEALWELL aims to enhance the integration of Pentavere’s DARWEN™ platform, a leading AI-driven patient identification solution, into its AI offerings.
Under the new leadership of CEO James Lee, effective July 1, 2025, HEALWELL's AI division, including Pentavere, Khure Health, and Mutuo Health Solutions, has demonstrated substantial growth. Notably, both Pentavere and Khure Health achieved over 100% organic revenue growth in the first half of 2025. This reinforces the company's strategy to leverage its AI and data science products within its software platforms, thereby strengthening its market presence in the healthcare sector.
Chairman Hamed Shahbazi expressed enthusiasm about the DARWEN™ platform's unique capabilities, emphasizing its validation across over 40 clinical publications. The platform is positioned as a leader in providing AI insights for preventative healthcare, with significant interest emerging from major healthcare systems globally.