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Verimatrix: 2025 results down despite rising recurring revenue
Verimatrix has released its 2025 results, which show a decline in revenue from $57.2 million in 2024 to $46.5 million, a decrease of 19%. Despite a 5% increase in subscription revenue, difficulties with the Extended Threat Defense product line weighed on overall results.
Adjusted EBITDA was -$0.2 million USD, a sharp decrease compared to the previous year ($2.8 million USD). The group's adjusted net income showed a loss of $11.2 million USD, compared to a projected loss of $7.7 million USD in 2024.
Verimatrix plans to refocus on anti-piracy and expand in the OTT market, hoping to return to growth by 2028 by moving towards 80% recurring revenue.
R. E.
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