Ooma(OOMA) - 2025 Q4 - Annual Results

Revenue Performance - Ooma reported Q4 fiscal 2025 revenue of $65.1 million, a 6$60.6 million, representing 93% of total revenue[5][6]. - For the full fiscal year 2025, Ooma achieved total revenue of $256.9 million, an 8$238.6 million[5][6]. - Total revenue for the three months ended January 31, 2025, was $65.097 million, a 6.9$61.676 million for the same period in 2024[27]. Profitability Metrics - Non-GAAP net income for Q4 fiscal 2025 was $5.8 million, or$0.21 per diluted share, compared to $3.5 million, or$0.13 per diluted share in Q4 fiscal 2024[5][6]. - Ooma's GAAP net loss for fiscal 2025 was $6.9 million, or$0.26 per share, compared to a loss of $0.8 million, or$0.03 per share in fiscal 2024[6][7]. - Non-GAAP net income for the fiscal year ended January 31, 2025, was $18.022 million, compared to$15.368 million in 2024, indicating a growth of 10.8%[31]. - Non-GAAP operating income for the fiscal year ended January 31, 2025, was $18.963 million, up from$15.524 million in 2024, marking a 22.4% increase[31]. Cash Flow and Assets - Cash flow from operations increased by 117% year-over-year for fiscal 2025[5]. - Cash flows from operating activities for the three months ended January 31, 2025, were $7.842 million, an increase from$5.508 million in the same period last year[30]. - The company reported total assets of $149.2 million as of January 31, 2025, down from$159.3 million a year earlier[24]. - Cash and cash equivalents at the end of the period on January 31, 2025, were $17.871 million, compared to$17.536 million at the end of the previous year[30]. Operating Expenses and Margins - Operating expenses for the three months ended January 31, 2025, totaled $40.254 million, slightly up from$40.134 million in the prior year[27]. - The company reported a GAAP gross margin of 61% for both the three months ended January 31, 2025, and 2024[31]. - Gross profit for the fiscal year ended January 31, 2025, was $156.018 million, compared to$147.232 million in 2024, reflecting a 6.0% increase[27]. Future Outlook - The company expects total revenue for fiscal 2026 to be in the range of $267 million to$270 million[6][7]. - The company plans to continue investing in new products and market expansion, entering FY26 with strong solutions across four targeted segments[5]. - Ooma's acquisition of 2600Hz contributed to the growth in subscription and services revenue for the fiscal year[6]. Quarterly Performance - Subscription and services revenue increased to $60.551 million, up from$57.963 million, representing a growth of 2.7% year-over-year[27]. - The net loss for the three months ended January 31, 2025, was $261 thousand, significantly improved from a net loss of$3.065 million in the same quarter of 2024[27]. - Adjusted EBITDA for Q4 fiscal 2025 was $6.9 million, up from$5.2 million in Q4 fiscal 2024[6].