AcquisitionsMay 14, 2026, 06:09 AM
Healthcare Triangle Acquires Teyame & Datono; Q1 Revenue $9.86M, Net Loss $6.20M
AI Summary
Healthcare Triangle, Inc. completed the acquisition of Teyame 360 S.L. and Datono Mediacion S.L. on January 1, 2026, expanding its services into AI-powered omnichannel customer experience, marketing, and financial/insurance distribution. For the first quarter of 2026, the company reported a significant increase in net revenue to $9.86 million, up from $3.70 million in the prior year. However, the net loss also widened to $6.20 million, compared to a net loss of $1.70 million in Q1 2025, primarily due to increased operating expenses and a change in fair value.
Key Highlights
- Acquired Teyame 360 S.L. and Datono Mediacion S.L. for a total consideration of $41.0 million.
- Net revenue for Q1 2026 increased to $9.86 million, up from $3.70 million in Q1 2025.
- Net loss for Q1 2026 widened to $6.20 million, compared to $1.70 million in Q1 2025.
- Total assets surged to $80.16 million as of March 31, 2026, from $22.74 million at December 31, 2025.
- Other intangible assets, net, increased significantly to $55.22 million from $2.81 million due to the acquisition.
- Total liabilities rose to $27.47 million as of March 31, 2026, from $12.79 million at December 31, 2025.
- Cash and cash equivalents decreased to $4.32 million at March 31, 2026, from $7.63 million at December 31, 2025.
- Net cash used in operating activities increased to $6.86 million in Q1 2026 from $5.56 million in Q1 2025.