on Pivotree (CVE:PVT)
Pivotree Reports Positive Q2 2025 Financial Results
Pivotree Inc., a leader in frictionless commerce solutions, announced strong financial results for Q2 2025. The company reported an adjusted EBITDA of $1.7 million, marking its third consecutive quarter of positive adjusted EBITDA and a second consecutive quarter of positive net income.
The company's net income reached $2.5 million, a substantial improvement from the $4.4 million loss in the same period last year. This turnaround is attributed to restructuring efforts and gains from selling intangible assets. Despite a 14.7% decline in total revenue to $17.3 million, Pivotree maintained strong gross margins, rising to 46.2%.
The company faced challenges with revenue declines in Managed and IP Solutions and Legacy Managed Services, yet achieved growth in the Commerce Total Contract Value bookings. The divestment of Warehouse Management operations enabled a sharper focus on Order Management. Pivotree aims for continued growth by enhancing operational efficiency.
R. H.
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