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Renoworks Reports Sixth Consecutive Profitable Quarter with Strong Revenue Growth

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Renoworks Reports Sixth Consecutive Profitable Quarter with Strong Revenue Growth

TipRanks Black Friday Sale

Renoworks Software ( (TSE:RW) ) has issued an update.

Renoworks Software Inc. reported strong financial results for the third quarter of 2025, marking its sixth consecutive quarter of profitability. The company achieved a 15% increase in total revenue year-over-year, driven by a 36% rise in recurring licensing and hosting revenue. This shift towards recurring revenue has improved gross margins and revenue predictability, aligning with the company’s strategic focus on scalable, long-term customer relationships. Renoworks continues to invest in AI and data science, launching new enterprise visualizers and expanding its customer base, which is expected to sustain its organic growth and profitability.

Spark’s Take on TSE:RW Stock

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

Renoworks Software’s stock score is driven by its strong revenue growth and cash flow improvements, bolstered by positive corporate events. However, the high P/E ratio and negative equity pose significant risks, tempering the overall appeal.

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

More about Renoworks Software

Renoworks Software Inc. is a leader in visualization, design, and lead-generation technology, catering to the home renovation and new-construction sectors. The company focuses on providing AI-driven solutions and SaaS licensing, enhancing its offerings with features like Renoworks Pro and enterprise visualizers.

Average Trading Volume: 66,016

Technical Sentiment Signal: Buy

Current Market Cap: C$24.49M

For detailed information about RW stock, go to TipRanks’ Stock Analysis page.

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