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Cloudastructure Reports Record Q2 Growth Driven by 267% Revenue Increase Year-over-Year; Secures $2.7M in New Contracts and Achieves Record Installation Volumes Amid Surging Demand
GlobeNewswire News Room· 2025-08-13 13:00
Core Insights - Cloudastructure reported a 267% year-over-year revenue increase for Q2 2025, totaling $1.1 million, and achieved gross margin profitability for the second consecutive quarter [10][11] - The company signed $2.69 million in total contract value over the next 12 months, marking a 274% increase year-over-year, driven by strategic wins across various sectors [4][5] - Cloudastructure's AI security platform maintained a 98% threat deterrence rate while achieving record installation volumes, indicating strong market demand [2][8] Financial Performance - Revenue for Q2 2025 was $1.1 million, a 267% increase from $0.3 million in Q2 2024, fueled by a 58% increase in the customer base [10] - Cloud video surveillance subscription revenue grew 133%, hardware sales surged 863%, and installation services revenue climbed 167% [10][17] - Gross profit for the quarter was $0.4 million, a 274% increase from $0.1 million in Q2 2024 [11] Market Expansion - The company deepened its presence in public and affordable housing by securing a four-property deployment with a Colorado-based nonprofit housing authority [5] - Cloudastructure entered the construction vertical with the launch of its Alpha™ Mobile Surveillance Trailer, aimed at preventing job site theft and vandalism [6][8] - The company completed its highest number of installations in a single month in July 2025, reflecting operational momentum [7] Innovation and Product Development - Cloudastructure's AI-powered security platform generated 5.37 million alerts and over 59,800 live audio interventions from January to June 2025 [8] - The launch of the Alpha™ mobile surveillance trailer represents a significant advancement in the company's AI capabilities, addressing the $1 billion-plus issue of construction site theft [8][9] - The company is focused on redefining modern security by providing proactive solutions that go beyond passive monitoring [9]