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Cloudastructure Reports 272% Year-Over-Year Revenue Growth in Q3 2025 as Expansion Accelerates Across Multifamily and Commercial Markets
Globenewswire· 2025-11-13 14:10
Core Insights - Cloudastructure reported a significant 272% year-over-year increase in revenue for Q3 2025, reaching $1.45 million, driven by the adoption of AI-driven surveillance solutions and expanding recurring revenue streams [1][12] - The company signed contracts totaling $4.79 million year-to-date, more than triple the total for the full year of 2024, indicating strong contract momentum [1][6] - A strategic customer financing partnership was launched to eliminate high upfront costs, facilitating larger-scale projects and faster revenue recognition [3][6] Financial Performance - Total revenue increased to $1.45 million in Q3 2025 from $390,000 in Q3 2024, with notable increases in various segments: Remote Guarding services revenue rose by 154%, hardware sales increased by 144%, and cloud video surveillance subscriptions grew by 142% [12][11] - Gross profit surged to $720,000 in Q3 2025, compared to $64,000 in the same period last year, reflecting improved economies of scale and higher-margin recurring revenue [13] - Despite the revenue growth, the net loss for Q3 2025 was $2.06 million, up from $1.72 million in Q3 2024, as the company continued to invest in sales, marketing, and product development [14] Technological Advancements - Cloudastructure introduced advanced compression technology that reduces bandwidth consumption by up to 50%, allowing customers to support more cameras per edge device and improving scalability [5][6] - Enhancements to the AI analytics platform improved detection accuracy and reduced false positives, enabling faster operator response times [4][6] - New automation and adaptive learning capabilities were added to the AI platform, enhancing analytics performance and system scalability [7] Market Expansion and Recognition - The company is experiencing rapid adoption of its solutions across multifamily and commercial portfolios, including luxury developments [6][9] - Cloudastructure's Alpha™ Mobile Surveillance Trailer was recognized as Project Management Solution of the Year at the 2025 PropTech Breakthrough Awards, highlighting its innovation in modular surveillance technologies [9][6] - The company successfully deployed its AI Surveillance and Remote Guarding solutions across two luxury multifamily properties in Columbia, Maryland, marking a significant engagement with a major multifamily operator [8][6] Operational Strength - The number of properties serviced increased by 83%, indicating strong operational growth [11] - The company has authorized a share repurchase program, reflecting confidence in its long-term growth strategy and financial strength [10][6]
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]