Core Insights - SpringBig Holdings, Inc. reported a positive net income of $0.2 million for Q3 2025, marking a significant turnaround from a net loss of $1.1 million in Q2 2025, driven by operational strength and expense control [2][6][20] - The company achieved revenue of $5.9 million, which remained flat compared to Q2 2025, with gross margin above 70% [2][6] - SpringBig's focus on AI-driven marketing solutions has led to improved customer engagement and revenue growth, reinforcing its position in the MarTech industry [2][5] Financial Highlights - Revenue for Q3 2025 was $5.9 million, compared to $5.8 million in Q2 2025 and $6.1 million in Q3 2024 [6] - Gross profit was $4.1 million, resulting in a gross margin of 71%, down from 74% in Q2 2025 [6] - Operating income improved to $0.6 million from a loss of $0.7 million in Q2 2025 [6] - Adjusted EBITDA remained positive for the third consecutive quarter, reflecting lower operating costs and margin stability [6][25] Operational and Strategic Highlights - The integration of ViceCRM was completed, enhancing AI-driven campaign optimization capabilities [6] - Cost efficiencies were realized through the early termination of a lease, reducing long-term obligations by $2.4 million and monthly rent by 75% [6] - Over 80% of total revenue came from recurring subscription and platform fees, indicating predictable cash flows [6] Management Commentary - The CEO emphasized the company's commitment to execution, customer experience, and innovation, positioning SpringBig for sustained growth [2] - The CFO highlighted the importance of expense control and operational strength in achieving profitability [2] Financial Outlook - SpringBig expects to maintain positive Adjusted EBITDA for the full year 2025, with a focus on AI-driven product innovation and disciplined expense management [7]
Springbig Reports Third Quarter 2025 Results – Achieves Profitability, Extends Streak of Positive Adjusted EBITDA*