sur Pivotree (CVE:PVT)
Pivotree Reports Strong Q3 2025 Financials Amid Operational Discipline
Pivotree Inc., a leader in frictionless commerce solutions, announced robust financial figures for Q3 2025, achieving a net income of $0.9 million compared to a $5.1 million loss last year. This turnaround results from reduced operating expenses following restructuring efforts in 2024. Adjusted EBITDA reached $1.8 million, improving from a previous $0.8 million loss, driven by enhanced gross margins and expense management.
Despite a 17.7% decline in total revenue to $15.5 million, Pivotree's Managed and IP Solutions revenue rose by 2.3% to $3.9 million. However, Legacy Managed Services saw a 56.7% revenue drop. Gross margins improved to 46.8%, significantly boosting gross profit.
The company highlights strong Total Contract Value bookings in Commerce and Supply Chain sectors, underpinned by new contracts in key areas. The Data team secured six new logos, signaling future growth opportunities.
R. E.
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