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Urgently Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-11-12 21:05
Core Insights - Urgently Inc. reported Q3 2025 financial results showing revenue growth and margin expansion despite a year-over-year revenue decline [1][2] - The company achieved a significant reduction in operating expenses and improved both GAAP operating loss and non-GAAP operating income [2][7] Financial Performance - Revenue for Q3 2025 was $32.9 million, a decrease of 9% year-over-year, while year-to-date revenue was $95.9 million, down 14% [7][17] - Gross profit increased by 4% to $8.1 million, with a gross margin of 25%, up from 21% in the prior year [7][17] - GAAP operating expenses decreased by 28% to $9.9 million compared to $13.7 million in the prior year [7][17] - Non-GAAP operating expenses also improved by 25% to $8.0 million from $10.7 million year-over-year [7][17] - GAAP operating loss was reduced by 70% to $1.8 million from $5.9 million in the prior year [7][17] - Non-GAAP operating income reached $0.1 million, an improvement of 104% compared to a non-GAAP loss of $2.9 million in the prior year [7][17] Operational Metrics - Approximately 194,000 dispatches were completed in Q3 2025, maintaining a consumer satisfaction score of 4.6 out of 5 stars [7][8] - Year-to-date, the company completed around 574,000 dispatches with the same consumer satisfaction score [7][8] Strategic Focus - The company is focused on returning to growth by expanding relationships with existing customer partners and developing new customer opportunities [2][8] - Urgently aims to enhance user experiences through its technology-driven roadside assistance solutions [8]
Urgent.ly (ULY) - Prospectus(update)
2023-10-13 21:10
Table of Contents AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER As filed with the Securities and Exchange Commission on October 13, 2023 Registration No. 333-273463 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 THE SECURITIES ACT OF 1933 URGENT.LY INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 7389 46-2848640 (I.R.S. Employer Ident ...