Pivotree Reports Record Adjusted EBITDA and Strategic Divestiture in Q1 2025

Pivotree ( (TSE:PVT) ) has issued an update.

Pivotree Inc. reported a record Adjusted EBITDA of $2.0 million for Q1 2025, marking a significant improvement from the previous year. Despite a decrease in total revenue by 8.5% compared to the same period last year, the company achieved a net income of $232k, attributed to reduced operating expenses and foreign exchange impacts. The divestiture of its WMS software business for $2.7 million is expected to allow Pivotree to focus more on its core offerings. The company also saw growth in professional services and data segments, with new customer wins and project expansions, particularly in next-generation platforms like Shopify and Spryker.

The most recent analyst rating on (TSE:PVT) stock is a Hold with a C$1.25 price target. To see the full list of analyst forecasts on Pivotree stock, see the TSE:PVT Stock Forecast page.

Spark’s Take on TSE:PVT Stock

According to Spark, TipRanks’ AI Analyst, TSE:PVT is a Neutral.

Pivotree’s overall score reflects significant financial challenges with declining revenues and negative profitability, balanced by a strong balance sheet and recent corporate improvements. While technical indicators show positive momentum, the company’s valuation remains a concern due to the negative P/E ratio. The recent corporate events suggest operational improvements and potential future growth, which moderately offset the financial challenges.

To see Spark’s full report on TSE:PVT stock, click here.

More about Pivotree

Pivotree Inc. is a leader in frictionless commerce solutions, focusing on providing managed and IP solutions, professional services, and supply chain management. The company aims to enhance its market position by concentrating on fewer products and investing in research and development.

Average Trading Volume: 24,955

Technical Sentiment Signal: Sell

Current Market Cap: C$32.99M

Learn more about PVT stock on TipRanks’ Stock Analysis page.