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Gloo Holdings(GLOO) - 2025 Q3 - Earnings Call Transcript
2025-12-17 23:02
Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $32.6 million, reflecting a 432% increase year-over-year and a 101% increase sequentially compared to Q2 2025 [4][18] - Adjusted EBITDA improved sequentially to negative $19.2 million, a $500,000 improvement from Q2 2025 [22] - The company expects revenue to exceed $180 million in fiscal year 2026, with a commitment to achieve positive adjusted EBITDA by the end of Q4 2026 [4][29] Business Line Data and Key Metrics Changes - Platform revenue totaled $19.8 million, up 127% sequentially, driven by strong advertising revenue from Masterworks [20] - Platform Solutions revenue was $12.7 million, up 71% sequentially, supported by strong performance from Masterworks and Midwestern [20][22] - The company anticipates that the acquisition of Westfall Gold will contribute approximately $20 million in revenue in fiscal year 2026 [12][29] Market Data and Key Metrics Changes - The company secured 20 customers expected to contribute over $1 million in annual contract revenue, indicating strong customer momentum [15] - The total addressable market for network capability providers is estimated to be around $60 billion, indicating significant growth potential [58] Company Strategy and Development Direction - Gloo aims to build a leading technology platform serving the faith and flourishing ecosystem, focusing on both churches and network capability providers [5][6] - The company is committed to leveraging strategic acquisitions to enhance its offerings and deepen its market presence [8][29] - Gloo is developing vertical-specific, values-aligned AI capabilities to serve the unique needs of its ecosystem [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand across the platform and the positive trajectory of revenue growth [4][25] - The company is focused on building a scalable business while managing costs responsibly, with expectations for significant sequential improvement in adjusted EBITDA starting in Q1 2026 [29][30] - Management highlighted the importance of maintaining discipline in M&A activities to ensure strategic alignment and profitability [78][79] Other Important Information - The company has recently closed two acquisitions, Igniter and XRI Global, which are expected to enhance its capabilities and revenue potential [8][12] - Gloo's IPO added approximately $72.3 million to its balance sheet, significantly strengthening its financial position [24] Q&A Session Summary Question: Can you walk through what the $1 million customers are buying? - Management indicated that the $1 million customers are primarily utilizing Gloo 360 for advanced technology infrastructures and Masterworks for donor engagement [34][35] Question: What factors affect the speed of revenue realization from these deals? - Management noted that proof points in various categories have accelerated deal closures, leading to faster revenue realization [37][38] Question: How much synergy realization is expected from recent acquisitions? - Management stated that synergy realizations will play a significant role in achieving profitability, with ongoing efforts to integrate and optimize across acquisitions [40][42] Question: What investments are being made in Gloo 360? - Management highlighted investments in sales capacity, staff integration from acquired companies, and targeted capabilities in SaaS applications and AI [46][48] Question: How should growth from upsell and conversion be viewed for 2026? - Management indicated a balanced approach between upselling existing customers and acquiring new customers, with a focus on organic growth [67][71]
Gloo Holdings(GLOO) - 2025 Q3 - Earnings Call Transcript
2025-12-17 23:02
Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $32.6 million, reflecting a 432% increase year-over-year and a 101% increase sequentially compared to Q2 2025 [14][4] - Adjusted EBITDA improved sequentially to negative $19.2 million, a $500,000 improvement from Q2 2025 [16] - The company expects revenue to exceed $180 million in fiscal year 2026, with a commitment to achieve positive adjusted EBITDA by the end of Q4 2026 [4][21] Business Line Data and Key Metrics Changes - Platform revenue totaled $19.8 million, up 127% sequentially, driven by advertising revenue from Masterworks [15] - Platform solutions revenue was $12.7 million, up 71% sequentially, supported by strong performance from Masterworks and Midwestern [15] - The company has secured 20 customers expected to contribute over $1 million in annual contract revenue, indicating strong demand for Gloo 360 and Masterworks offerings [11][25] Market Data and Key Metrics Changes - The company serves over 315,000 churches and more than 100,000 not-for-profit organizations in the U.S., indicating a large and fragmented market [5][6] - The total addressable market for network capability providers is estimated to be around $60 billion, providing significant growth opportunities [50] Company Strategy and Development Direction - Gloo aims to build a leading technology platform for the faith and flourishing ecosystem, focusing on both churches and network capability providers [5][6] - Recent acquisitions, including Igniter and Westfall Gold, are intended to enhance the platform's capabilities and drive revenue growth [7][8] - The company is committed to leveraging AI to serve the unique needs of its ecosystem, with a focus on values-aligned AI [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong demand across the platform and the impact of recent acquisitions [14][21] - The company anticipates continued improvement in adjusted EBITDA and revenue growth, with a robust pipeline of M&A opportunities [21][22] - Management emphasized the importance of disciplined execution and transparency in achieving long-term goals [24] Other Important Information - The company had $15.1 million in cash and cash equivalents as of October 31, 2025, bolstered by a $72.3 million IPO [17] - The company expects to close the Westfall Gold acquisition before the fiscal year ends on January 31, 2026, contributing approximately $20 million in revenue for fiscal year 2026 [9][18] Q&A Session Summary Question: What are the 20 customers contributing over $1 million in annual contract value buying? - The customers are purchasing a mix of Gloo 360 offerings and services from Masterworks, which help organizations enhance donor engagement and technology infrastructure [25][27] Question: What factors affect the speed of turning deals into revenue? - The sales pipeline is robust, with acceleration seen in categories like Bible translation and university segments, leading to faster deal closures [29][30] Question: How much synergy realization is expected from recent acquisitions? - Synergy realization will play a significant role in achieving profitability, with ongoing efforts to integrate and optimize across acquisitions [32][33] Question: What investments are being made in Gloo 360? - Investments are focused on increasing sales capacity, integrating acquired talent, and enhancing service delivery capabilities [38][39] Question: Are there any capacity issues in AI efforts? - Currently, there are no capacity issues, but the company is planning to ensure sufficient capacity to meet future demands [44] Question: How many customers have the potential to become million-dollar customers? - There is a significant opportunity among existing and potential customers, particularly among network capability providers [47][50] Question: How do Masterworks and Westfall Gold complement each other? - Masterworks nurtures smaller donors while Westfall Gold focuses on major donors, creating a synergistic relationship that enhances donor engagement [52] Question: What is the M&A strategy moving forward? - The company will remain disciplined and strategic in acquisitions, focusing on those that are accretive to revenue and EBITDA [55][71]
Gloo Holdings(GLOO) - 2025 Q3 - Earnings Call Transcript
2025-12-17 23:00
Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $32.6 million, reflecting a 432% increase year-over-year and a 101% increase sequentially compared to Q2 2025 [4][13] - Adjusted EBITDA improved sequentially to negative $19.2 million, a $500,000 improvement from Q2 2025 [15][19] - The company expects revenue to exceed $180 million in fiscal year 2026, with a commitment to achieving positive adjusted EBITDA by the end of Q4 2026 [4][20] Business Line Data and Key Metrics Changes - Platform revenue totaled $19.8 million, up 127% sequentially, driven by advertising revenue from Masterworks [14] - Platform solutions revenue was $12.7 million, up 71% sequentially, supported by strong performance from Masterworks and Midwestern [15] - The company has secured 20 customers expected to contribute over $1 million in annual contract revenue, indicating strong demand across its offerings [11][24] Market Data and Key Metrics Changes - The company serves over 315,000 churches and more than 100,000 not-for-profit organizations in the U.S., indicating a large and fragmented market [5][6] - The total addressable market for network capability providers is estimated to be around $60 billion, highlighting significant growth potential [42] Company Strategy and Development Direction - Gloo aims to build a leading technology platform for the faith and flourishing ecosystem, focusing on both churches and network capability providers [5][6] - Recent acquisitions, including Igniter and XRI Global, are intended to enhance the platform's capabilities and accelerate growth [7][9] - The company is committed to harnessing technology for good, with a focus on developing values-aligned AI solutions [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong customer momentum and a robust sales pipeline [10][11] - The company anticipates continued strong demand across its platform, despite seasonal slowdowns in December and January [16] - Management emphasized a disciplined approach to M&A, focusing on strategic acquisitions that are accretive to revenue and EBITDA [49][62] Other Important Information - The company has a strong cash position with $15.1 million in cash and cash equivalents, bolstered by a recent IPO that raised approximately $72.3 million [16] - The company plans to close the acquisition of Westfall Gold, which is expected to contribute approximately $20 million in revenue in fiscal year 2026 [9][17] Q&A Session Summary Question: What are the new customers buying? - Management indicated that customers are purchasing multi-product and multi-service offerings, particularly Gloo 360 and Masterworks, which provide advanced technologies and donor engagement solutions [23][24] Question: What is the pace of revenue realization from new deals? - Management noted that the sales pipeline is accelerating, with quicker deal closures observed in categories like Bible translation and university segments [26][27] Question: How much synergy realization is expected from acquisitions? - Management stated that synergy realization will play a significant role in achieving adjusted EBITDA profitability, with ongoing efforts to integrate and optimize across acquisitions [29][30] Question: What investments are being made in Gloo 360? - Investments are focused on increasing sales capacity, enhancing service delivery capabilities, and augmenting AI and security services [33][35] Question: How should growth be expected from upsell versus new customers? - Management indicated a balanced approach, with growth expected from both upselling existing customers and acquiring new customers, particularly in the Gloo 360 segment [52][55]
Gloo Holdings(GLOO) - 2025 Q3 - Earnings Call Presentation
2025-12-17 22:00
Financial Performance - Gloo's Q3 2025 total revenue reached $32.5 million, representing a 432% year-over-year growth[37] - Platform revenue in Q3 2025 was $19.8 million, a 226% increase year-over-year and a 127% increase compared to Q2 2025[37] - Platform Solutions revenue for Q3 2025 amounted to $12.7 million, showing a 71% growth from the previous quarter[37] - Adjusted EBITDA for Q3 2025 was -$19.2 million, an 88% decrease year-over-year and a 3% increase compared to Q2 2025[37] - The outlook for Q4 projects total revenue between $28 million and $30 million, indicating a 346% year-over-year growth[40] - Adjusted EBITDA for Q4 is projected to be between -$19.5 million and -$18.5 million[40] Strategic Initiatives - Gloo is building a leading vertical technology platform connecting the faith and flourishing ecosystem[12] - The company made two new acquisitions: one in church media and another in AI-powered voice and multilingual technologies[19, 20] - A definitive agreement was made to acquire Westfall Gold, a donor development service for nonprofit organizations[21, 22] - Gloo is advancing its AI strategy, including enhancing voice, transcription, and multilingual features through XRI Global[25, 26]
Gloo Holdings(GLOO) - 2026 Q3 - Quarterly Results
2025-12-17 21:21
Exhibit 99.1 Gloo Holdings, Inc. Reports Third Fiscal Quarter 2025 Financial Results BOULDER, Colorado – December 17, 2025 – Gloo Holdings, Inc. (Nasdaq: GLOO), a leading technology platform for the faith and flourishing ecosystem, today reported financial results for its third quarter ended October 31, 2025. "Q3 marks a solid start as a public company. We delivered very strong revenue growth and continued progress toward profitability, while strategically expanding our platform through the acquisitions of ...
Gloo Holdings, Inc. Reports Third Fiscal Quarter 2025 Financial Results
Prnewswire· 2025-12-17 21:10
Strategic Acquisitions - Gloo recently announced three acquisitions that will further increase the value and reach of the Gloo platform. All three acquisitions are expected to be accretive. Westfall Gold - entered into a definitive agreement to acquire a leading platform for major donor engagement in the faith and flourishing ecosystem, expanding Gloo's capabilities in donor development and strengthening synergies with Masterworks, acquired earlier this year. XRI Global - completed the acquisition of an AI ...
Gloo To Acquire Westfall Group, Inc., Expanding Donor Solutions for Faith and Mission-Driven Nonprofits
Prnewswire· 2025-12-17 21:05
Strategic acquisition will enable Gloo to provide end-to-end, full lifecycle donor development solutionsBOULDER, Colo., Dec. 17, 2025 /PRNewswire/ -- Gloo (Nasdaq: GLOO), a leading technology platform serving the faith and flourishing ecosystem, announced a definitive agreement to acquire Westfall Group, Inc., a leader in major donor engagement, which owns and operates Westfall Gold, Inc., Brain Trust Creative, and Parable Talent. The acquisition will expand Gloo's portfolio of services in one of the most ...
Gloo Unveils the First Benchmark Exposing How AI Misses Christian Worldview and Values
Prnewswire· 2025-12-15 13:00
Research-backed framework shows models lack explicit biblical grounding, theological coherence and moral clarity around key dimensions of human flourishing BOULDER, Colo., Dec. 15, 2025 /PRNewswire/ -- Gloo (Nasdaq: GLOO), a leading technology platform serving the faith and flourishing ecosystem, today unveiled the Flourishing AI Christian (FAI-C) Benchmark, a first of its kind evaluation showing how well today's Large Language Models (LLMs) reflect and support the key dimensions of human flourishing throug ...
Gloo to Report Fiscal Third Quarter 2025 Financial Results on December 17, 2025
Prnewswire· 2025-12-03 13:30
Core Viewpoint - Gloo, a technology platform focused on the faith and flourishing ecosystem, will report its financial results for the fiscal quarter ending October 31, 2025, on December 17, 2025, and will host a conference call to discuss these results [1] Company Overview - Gloo is a leading technology platform that provides values-aligned AI, resources, insights, and funding to support the flourishing of individuals and communities, as well as the thriving of organizations [1] - The company serves over 140,000 leaders in faith, ministry, and nonprofit sectors and is headquartered in Boulder, Colorado [1]
Gloo Acquires XRI Global, Unlocking Advanced Multilingual and Voice AI Capabilities to Expand Market Opportunity
Prnewswire· 2025-11-25 13:10
Core Insights - Gloo has acquired XRI Global to enhance its multilingual AI capabilities, aiming to accelerate growth and expand market opportunities within the faith and flourishing ecosystem [1][3][6] Company Overview - Gloo is a technology platform focused on serving the faith and flourishing ecosystem, providing values-aligned AI, resources, insights, and funding to support communities and organizations [9] - XRI Global specializes in developing custom multilingual AI solutions for various sectors, including health, faith, and humanitarian efforts [10] Acquisition Details - The acquisition of XRI Global will allow Gloo to deepen its technology solutions through Gloo AI and Gloo360, unlocking advanced multilingual and voice AI capabilities [2][3] - XRI has developed AI models for over 30 languages in the past 18 months, utilizing a research-backed methodology to address the language gap in AI technologies [4][5] Market Potential - There are over 7,000 languages globally, with approximately 6,800 lacking representation in modern AI innovations, highlighting a significant market opportunity for Gloo and XRI [3][6] - The collaboration aims to create a new category of mission-aligned AI infrastructure that is globally accessible and designed to promote human flourishing [5][6]