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FIEE Announces Fiscal 2025 Third Quarter Unaudited Financial Results
Prnewswire· 2025-11-12 20:15
Core Insights - FiEE, Inc. reported a significant increase in net sales, achieving a 210% year-over-year growth for the nine months ended September 30, 2025, with net sales reaching $1,984,660 compared to $639,893 in the same period of 2024 [4][6][7] - The company's strategic pivot to Software-as-a-Service (SaaS) solutions has been validated by strong sales performance, particularly in customized software R&D services and MCN digital services [3][6] - Gross profit for the nine months ended September 30, 2025, was $1,648,241, with a gross margin of 83%, a significant improvement from 32.4% in the same period of 2024 [6][7] Financial Performance - Net sales for the three months ended September 30, 2025, were $1,939,542, a substantial increase from $44,993 for the three months ended June 30, 2025 [6] - The company onboarded 528 customers for its SaaS service by September 30, 2025, up from 245 customers as of June 30, 2025 [6] - Prepaid subscription fees for the SaaS service totaled $4.24 million for the nine months ended September 30, 2025, compared to $1.5 million for the six months ended June 30, 2025 [6] Operational Highlights - Operating expenses decreased by 39.9% to $2,756,879 for the nine months ended September 30, 2025, down from $4,590,491 in the same period of 2024 [7][12] - The net loss for the three months ended September 30, 2025, was $252,985, a significant reduction from a net loss of $625,067 for the same period in 2024 [6][8] - The company successfully participated in the Osaka World Expo, enhancing its international presence and engagement with global innovators [3] Strategic Focus - FiEE, Inc. is focused on expanding its international footprint and enhancing customer experience through continued investment in R&D [3] - The company has transitioned to a Software First Model to leverage its expertise in IoT, connectivity, and AI, aiming to explore new business opportunities [9][10]
SYLOGIST Reports Third Quarter 2025 Results
Globenewswire· 2025-11-06 11:00
Core Insights - Sylogist Ltd. reported its Q3 2025 financial results, highlighting a transformation towards a SaaS-driven enterprise with 72% of revenue now recurring [2][3] - The company achieved a year-over-year growth of 15% in SaaS Annual Recurring Revenue (ARR), reaching $33.6 million, while total ARR grew by 5% to $45.8 million [7] - The Board of Directors approved a dividend of $0.01 per share, payable on December 10, 2025 [3] Financial Performance - SaaS Subscription revenue was reported at $8.3 million, with a year-over-year growth of 11.9% [1] - Total revenue was reported at $15.9 million, reflecting a decline of 4.2% year-over-year [1] - Adjusted EBITDA margin stood at 19.3%, equating to $3.1 million [7] Business Strategy - 48% of ARR bookings in the quarter were partner-driven, indicating successful implementation of the partner strategy [3] - The company is transitioning away from lower-margin, one-time project services to focus on high-margin SaaS revenue [3] Market Position - Sylogist serves over 2,000 public sector customers globally across government, non-profit, and education sectors [5] - The company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ [5]
EverCommerce Announces Date of Third Quarter 2025 Earnings Call
Globenewswire· 2025-10-21 16:00
Core Insights - EverCommerce Inc. will report its third quarter 2025 financial results on November 6, 2025, after U.S. financial markets close [1] - A conference call will be held on the same day at 5:00 p.m. Eastern Time to discuss the financial results and provide a business update [2] Company Overview - EverCommerce is a leading service commerce platform that offers vertically-tailored, integrated SaaS solutions to over 725,000 global service-based businesses [3] - The company specializes in Home, Health, and Wellness service industries through its brands EverPro, EverHealth, and EverWell, providing end-to-end business management software, payment acceptance, marketing technology, and customer experience applications [3]
Thoma Bravo and PROS Holdings, Inc. Announce Strategic Plans for PROS Business Segments
Prnewswire· 2025-10-01 11:30
Core Insights - Thoma Bravo plans to accelerate PROS' travel segment as a standalone business and integrate PROS' B2B segment with Conga following the acquisition [1][2] - The acquisition is expected to close in Q4 2025, with PROS shareholders receiving $23.25 per share, representing a premium of approximately 41.7% over the closing price prior to the announcement [3] Company Overview - PROS Holdings, Inc. is a leading provider of AI-powered SaaS pricing and selling solutions, focusing on optimizing omnichannel shopping and selling experiences [6] - Conga is a market leader in Revenue Lifecycle Management, providing solutions for configure, price, quote, contract lifecycle management, and document automation [7][8] - Thoma Bravo is a major software-focused investment firm with approximately $181 billion in assets under management as of June 30, 2025 [4] Strategic Plans - Thoma Bravo aims to leverage its operational experience and software expertise to enhance PROS' market-leading AI offerings in the travel sector [2] - The combination of PROS' B2B business with Conga is expected to create a more powerful solution portfolio, enhancing customer value across commercial operations [2][3] - The travel business will receive additional investment for innovation, aiming to strengthen PROS' position in the airline and travel market [2]
Contractors Converge in Las Vegas for Milestone 10th Annual Service World Expo, Featuring High-Impact Speakers and Training to Power the Future of the Trades
Globenewswire· 2025-09-30 13:00
Core Insights - Service Nation is hosting the 10th annual Service World Expo, a significant event for residential service business leaders, taking place from October 26-30 at Caesars Forum & Harrah's Las Vegas [1][3] - The expo will focus on education and training for residential contractors, emphasizing seven key pillars: business design, financials, human resources, leadership, marketing, operations, and sales [2] Event Highlights - The event will feature keynote speakers including Danica Patrick, Jeff Civillico, Jade Simmons, Darren LaCroix, and sessions on maximizing AI for automation and business leads [5] - Attendees will have access to general sessions, panels, and workshops led by industry experts, providing actionable insights and strategies [5] - Networking opportunities will be available through curated events such as mixers, costume parties, and business coaching happy hours [5] Company Overview - EverCommerce is a leading service commerce platform that supports over 725,000 global service-based businesses with integrated SaaS solutions [4] - The company specializes in providing end-to-end business management software, payment acceptance, marketing technology, and customer experience applications across various service industries [4]
Significant Movements Among Top Market Gainers
Financial Modeling Prep· 2025-09-16 22:00
Company Highlights - Next Technology Holding Inc. (NASDAQ:NXTT) experienced a price surge to $23.49, marking an increase of over 16,216%, driven by its innovative technical services in the social e-commerce platform space within Mainland China [1][5] - iCoreConnect Inc. (NASDAQ:ICCT) saw its price rise to $0.072, reflecting a 500% increase due to its robust healthcare technology solutions, including HIPAA-compliant electronic prescription software [2][5] - Turbo Energy, S.A. (NASDAQ:TURB) recorded a price increase to $12.95, a 379% rise, showcasing its expertise in renewable energy solutions, including lithium-ion batteries and AI-based software for energy management [3][5] Market Trends - The significant price movements among these companies reflect broader market trends emphasizing the growing importance of technology and sustainability across various sectors [4] - Investors are increasingly attracted to companies demonstrating innovation, strategic market positioning, and high growth potential, as evidenced by the substantial price increases of these top gainers [4]
Roper's Application Software Growth Picks Up: A Sign of More Upside?
ZACKS· 2025-09-12 13:20
Core Insights - Roper Technologies, Inc. (ROP) is experiencing strong momentum in its Application Software segment, driven by solid demand across various markets, leading to a 6% year-over-year increase in organic revenues in Q2 2025 [1][8]. Group 1: Application Software Segment Performance - The Deltek, Vertafore, PowerPlan, and Aderant businesses are key contributors to the segment's growth, with SaaS solutions and GenAI innovation acting as significant catalysts [2][3]. - Aderant's growth is fueled by the increasing adoption of SaaS solutions, while Deltek benefits from strong demand in both GovCon and private sectors [2]. - The Vertafore business is seeing strong annual recurring revenue (ARR) growth due to excellent enterprise delivery capabilities [2]. - Roper anticipates mid-single-digit organic revenue growth for the Application Software segment in the second half of 2025 [3]. Group 2: Revenue Outlook - Roper has raised its total revenue outlook for 2025, now expecting approximately 13% growth compared to the previous estimate of 12% [4]. - Organic revenues are projected to rise by 6-7% year-over-year [4]. Group 3: Peer Performance Comparison - Rockwell Automation, Inc. (ROK) is expanding its portfolio and is expected to achieve above-market organic sales growth [5]. - Honeywell International Inc. (HON) is facing challenges in its Industrial Automation segment, with a 5% year-over-year sales decline in Q2 2025 [6]. Group 4: Valuation and Earnings Estimates - Roper's shares have decreased by 6.3% over the past year, outperforming the industry's decline of 12% [7]. - The company is trading at a forward price-to-earnings ratio of 24.37X, lower than the industry average of 26.17X [10]. - The Zacks Consensus Estimate for Roper's earnings for 2025 and 2026 has been on the rise, indicating positive revisions over the past 60 days [12].
Fundbox Integrates Into EverCommerce SaaS Platforms to Power Service SMBs
Globenewswire· 2025-09-10 14:00
Core Insights - Fundbox has entered into an agreement with EverCommerce Inc. to provide fast and flexible funding solutions directly integrated into the platforms used by small and medium-sized businesses (SMBs) [1][4] - The collaboration aims to enhance the financial ecosystem for contractors and home service professionals, allowing them to access capital whenever needed [3][5] Company Overview - Fundbox is a pioneer in embedded capital products for SMBs, having helped over 150,000 small businesses unlock more than $6 billion in capital since its inception in 2013 [7] - EverCommerce is a leading service commerce platform that supports over 725,000 global service-based businesses with integrated SaaS solutions [8] Integration Details - The integration will provide customers of EverPro's brands, including Joist and Invoice Simple, with seamless access to capital, supporting over 350,000 small businesses across the US, UK, Canada, and Australia [2][4] - Fundbox's embedded capital engine evaluates a business's financial profile using data from various sources, offering a more accurate assessment of business health [5]
SYLOGIST Reports Second Quarter 2025 Results
Globenewswire· 2025-08-14 11:00
Core Insights - Sylogist Ltd. reported strong performance in Q2 2025, highlighting significant growth in SaaS Annual Recurring Revenue (ARR) and record bookings [2][3][8] Financial Performance - SaaS Subscription Revenue reached $7.9 million, reflecting a year-over-year growth of 13.1% [1] - Total Revenue reported was $15.7 million, showing a decline of 6.9% year-over-year [1] - SaaS ARR increased by 12.5% year-over-year to $31.7 million, while Total ARR grew by 3% year-over-year to $43.8 million [8] - Bookings surged by 33% year-over-year to $17.1 million, marking the two highest bookings in the company's history [3][8] - The company achieved a SaaS Net Revenue Retention (NRR) of 107% [8] - Adjusted EBITDA margin was reported at 15.3%, equating to $2.4 million, with a gross profit margin of 58% [8] Strategic Initiatives - The company is focused on product innovation, AI integration, partner-led delivery in target markets, customer success, and operational excellence as part of its strategic growth initiatives [3] - The Board of Directors declared a quarterly dividend of $0.01 per share, to be paid on September 10, 2025 [4] Company Overview - Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers globally, including government, non-profit, and education sectors [6]
EverCommerce Amends, Reprices and Extends Credit Facility
GlobeNewswire News Room· 2025-07-30 13:00
Core Insights - EverCommerce Inc. has successfully repriced and extended the maturities of its existing Term Loan B and Revolving Credit Facilities, enhancing its capital structure and financial flexibility [1][2] Financial Details - The company refinanced its $529.4 million term loan facility with a new class of Term B-2 Loans, extending the maturity by 3 years to July 6, 2031, and reducing the interest rate by 25 basis points to SOFR plus 2.25% [1] - The maturity date for $125 million of commitments under the existing revolver was extended to July 29, 2030, with a similar interest rate reduction of 25 basis points to SOFR plus 2.00% [1] - The expected annual cash interest expense is projected to decrease by approximately $1.3 million due to these changes [2] Company Overview - EverCommerce is a leading service commerce platform that provides integrated SaaS solutions to over 725,000 global service-based businesses, focusing on growth acceleration, operational streamlining, and customer retention [3] - The company operates under brands such as EverPro, EverHealth, and EverWell, specializing in Home, Health, and Wellness service industries [3]