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Earnings

NowVertical Group Reports Third Quarter 2025 Financial Results

By The Northwire Desk — AI Analysis Nov 12, 2025 · 07:30 NOW · 0.31 NowVertical Group Inc.
NOW · Price

Executive Summary

  • NowVertical Group Inc. reported Q3 2025 revenue of $9.1 M, a 15% decline year‑over‑year, primarily due to Argentine peso devaluation.
  • Adjusted EBITDA for the quarter was $1.8 M (20% of revenue), down 9% YoY, while YTD adjusted EBITDA increased 17% to $5.4 M.
  • The company highlighted strategic milestones including a Google Cloud Generative AI Specialization award, a record‑speed $1 M+ UK account, full retirement of outstanding debentures, and an upcoming investor webinar.

Key Details

  • Revenue: $9.1 M in Q3 2025 vs. $10.7 M in Q3 2024 (‑15%). YTD 2025 revenue $27.7 M vs. $28.6 M in YTD 2024 (‑3%).
  • Gross Profit: $4.7 M in Q3 2025 (51% margin), down 11% YoY; YTD gross profit $13.6 M, down 8% YoY.
  • Administrative Expenses: $4.3 M in Q3 2025, up 9% YoY due to higher share‑based compensation; YTD $11.1 M, down 16% YoY.
  • Income from Operations: $0.4 M in Q3 2025, a 72% decline YoY; YTD $2.5 M, up 55% YoY.
  • Adjusted EBITDA: $1.8 M (20% of revenue) in Q3 2025, down 9% YoY; YTD $5.4 M, up 17% YoY.
  • Google Cloud Partnership: Awarded Google Cloud Generative AI Specialization; generated >$3.4 M revenue year‑to‑date and created 20 new enterprise opportunities.
  • Strategic Account Win: Secured a record‑speed $1 M+ account in the UK market (Oct 22 2025).
  • Debt Retirement: Completed full retirement of outstanding debentures on Oct 6 2025, improving balance‑sheet flexibility.
  • Investor Webinar: Hosted on Nov 12 2025 at 11:00 AM EST; registration link provided for stakeholders.

Notable Quotes

“I am very proud that during the third quarter we continued to strengthen the foundation for a more profitable, enterprise‑focused NowVertical,” – Sandeep Mendiratta, CEO
“Our focus on high‑value relationships is paying off… revenue from our top 30 clients now represents 69% of total revenue and grew over 23% YoY.” – Sandeep Mendiratta, CEO

Materiality Assessment: Material – Neutral (the release contains significant financial performance data and strategic milestones that are material to investors, though the overall impact is mixed).

Read the original news release →

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