Adcore ( (ADCOF) ) has released its Q2 earnings. Here is a breakdown of the information Adcore presented to its investors.
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Adcore Inc. is a global marketing technology company that leverages AI-powered solutions to optimize digital marketing efforts for businesses, operating primarily in the e-commerce sector. With headquarters in Tel Aviv and offices worldwide, Adcore is known for its innovative Marketing Cloud platform.
In its second quarter of 2025 earnings report, Adcore highlighted improvements in key financial metrics, including gross margins and adjusted EBITDA, alongside significant growth in the Asia-Pacific region. The company also introduced its new app, Proposaly, which is designed to enhance sales workflows with AI-driven features.
Adcore’s financial performance for the quarter showed a slight decrease in revenue to CAD$6.5 million, but gross profit increased by 6% to CAD$3.1 million, reflecting improved operational efficiency. The company’s adjusted EBITDA turned positive, reaching CAD$156 thousand, compared to a negative figure in the previous year. Notably, APAC revenue surged by 35%, indicating strong regional growth.
The company ended the quarter with a cash balance of CAD$9.0 million, a 23% increase from the previous year, although working capital decreased slightly. Adcore’s management remains optimistic about future growth, driven by the AI revolution and strategic innovations like Proposaly, positioning the company to capitalize on emerging opportunities in the digital marketing landscape.