Urgent.ly (ULY)

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Urgent.ly (ULY) - 2025 Q2 - Quarterly Report
2025-08-13 20:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 001-41841 URGENT.LY INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 46-2848 ...
Urgent.ly (ULY) - 2025 Q2 - Earnings Call Transcript
2025-08-12 22:00
Urgent.ly (ULY) Q2 2025 Earnings Call August 12, 2025 05:00 PM ET Speaker0Good afternoon and welcome to the Urgently Second Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Jenny Mitchell, Vice President, Finance, Strategy and Investor Relations. Please go ahead.Speaker1Thank you, operator. Good afternoon, everyone, and thank you for joining us for Urgently's financial ...
Urgent.ly (ULY) - 2025 Q2 - Quarterly Results
2025-08-12 20:07
EXHIBIT 99.1 URGENTLY ANNOUNCES SECOND QUARTER 2025 FINANCIAL RESULTS Achieves Revenue and Gross Margin in Line With Expectations ASHBURN, VA – August 12, 2025 – Urgent.ly Inc. (Nasdaq: ULY) ("Urgently"), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today reported financial results for the second quarter ended June 30, 2025. "We are very pleased to report sequential quarterly revenue growth for the second quarter of 2025 compared to the first quarter of ...
Urgently Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-08-12 20:05
Core Viewpoint - Urgent.ly Inc. reported its second quarter financial results for 2025, showing sequential revenue growth and improved operating losses, indicating progress towards positive cash flow and operational efficiency [2][7]. Financial Performance - Revenue for Q2 2025 was $31.7 million, an 8% decrease year over year, while year-to-date revenue was $63.0 million, a 16% decrease year over year [7][17]. - Gross profit for Q2 2025 was $7.9 million, an 8% increase year over year, with a gross margin of 25%, up from 21% in the prior year [7][17]. - GAAP operating loss for Q2 2025 was $2.2 million, a 74% improvement compared to $8.3 million in the prior year [7][17]. - Non-GAAP operating loss for Q2 2025 was $0.2 million, a 97% improvement compared to $6.2 million in the prior year [7][17]. Operational Highlights - Approximately 191,000 dispatches were completed in Q2 2025, with a consumer satisfaction score of 4.7 out of 5 stars [7]. - The company launched SPARK, an AI-powered market analyzer aimed at enhancing service performance in urban markets [7]. Expense Management - GAAP operating expenses for Q2 2025 were $10.1 million, a 36% improvement from $15.7 million in the prior year [7][17]. - Non-GAAP operating expenses for Q2 2025 were $8.1 million, a 40% improvement from $13.5 million in the prior year [7][17]. Balance Sheet Overview - As of June 30, 2025, total assets were $40.2 million, down from $54.1 million at the end of 2024 [15][16]. - Current liabilities totaled $29.3 million, a decrease from $37.6 million at the end of 2024 [15][16].
Urgently Announces Second Quarter 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-08-07 20:36
ASHBURN, Va., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced the date for the release of its second quarter 2025 financial results. Urgently will host a conference call on Tuesday, August 12, 2025, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2025. Financial results will be issued in a press release prior to the c ...
Urgently Promotes Michael Port to Chief Financial Officer
Globenewswire· 2025-05-27 11:30
VIENNA, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced the appointment of Michael Port as Chief Financial Officer, effective June 6, 2025. Mr. Port assumes the role from Timothy C. Huffmyer, who is stepping down as Chief Financial Officer to pursue other opportunities. Mr. Port previously served as Senior Vice President of Finance of Urgently. Prior to joining ...
Urgent.ly (ULY) Conference Transcript
2025-05-21 15:45
Urgent.ly (ULY) Conference May 21, 2025 10:45 AM ET Speaker0 And welcome to the Sidoti Virtual MicroCap Conference, and thank you for joining us today. I'm Anja senior equity analyst here at Sidoti. And as I mentioned, next up, we have Urgently Inc. We have the management team with us. We have Matt Booth, the CEO. We have Tim Hofmeyer, the CFO, and we also have Jenny Mitchell. She's the VP of Finance and Strategy and Investor Relations. So, this will be conducted as a fireside chat. Feel free to submit your ...
Urgent.ly (ULY) - 2025 Q1 - Quarterly Report
2025-05-14 12:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR Securities registered pursuant to Section 12(b) of the Act: | | Trading | | | --- | --- | --- | | Title of each class | Symbol(s) | Name of each exchange on which registered | | Common stock, par value $0.001 per share | ULY | NASDAQ | Indicate by check mark whether the registrant ...
Urgent.ly (ULY) - 2025 Q1 - Earnings Call Transcript
2025-05-13 22:02
Urgent.ly (ULY) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Jenny Mitchell - VP - Finance Strategy & IRMatt Booth - President & CEOTim Huffmyer - CFO Conference Call Participants Chris Pierce - Senior AnalystJames McIlree - Senior Equity Research Analyst Operator Good afternoon, and welcome to Urgently's First Quarter twenty twenty five Conference Call. As a reminder, today's call is being recorded and your participation implies consent to such recording. At this time, all participan ...
Urgent.ly (ULY) - 2025 Q1 - Earnings Call Transcript
2025-05-13 22:00
Urgent.ly (ULY) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to Urgently's First Quarter twenty twenty five Conference Call. As a reminder, today's call is being recorded and your participation implies consent to such recording. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. With that, I would like to turn the call over to Ms. Jenny Mitchell, Vice President of Finance Strategy and Inves ...