Company Hosting Investor Webinar on Thursday May 22, 2025, at 10:00 AM EST Q1 2025 revenue was $10.4 million, up 23% Y/Y excluding recent divestituresQ1 2025 Income from Operations was $1.5 million, up 1,253% Y/Y excluding recent divestituresQ1 2025 Adjusted EBITDA was $2.5 million, up 119% Y/Y excluding recent divestitures TORONTO, May 21, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc.(TSX-V: NOW) ("NOW” or the "Company”), a leader in AI-driven data solutions, announces financial results for its first fiscal quarter ended March 31, 2025.
Investor Webinar Registration: Time: Thursday, May 22, 2025, 10:00 AM in Eastern Time (US and Canada) Registration Link: A recording of the webinar and supporting materials will be made available in the investor’s section of the Company’s website at Additional Information: The Company's first quarter 2025 condensed consolidated interim financial statements, notes to financial statements, and management's discussion and analysis for the three ended March 31, 2025, are available on the Company's SEDAR+ profile at Unless otherwise indicated, all references to "$" in this press release refer to US dollars, and all references to "CAD$" in this press release refer to Canadian dollars.
The management discussion and analysis for the three months ended March 31, 2025, available at nowvertical.com and on SEDAR+ at contains supporting calculations for Adjusted Revenue, EBITDA % and Adjusted EBITDA "Adjusted EBITDA” adjusts net income (loss) before depreciation and amortization expenses, net interest costs, and provision for income taxes for revenue adjustments in "Adjusted Revenue” and items such as acquisition accounting adjustments, transaction expenses related to acquisitions, transactional gains or losses on assets, asset impairment charges, non-recurring expense items, non-cash stock compensation costs, and the full year impact of cost synergies related to restructuring activities, such as a reduction of employees.
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