Significant Revenue Growth
Revenue for the first half of 2025 rose to $4.8 million, up from $3.4 million a year ago, marking an increase of over 40%.
Strong Bookings Performance
Bookings increased to $3.8 million, a 58% year-on-year rise, with data integration bookings up over 200%.
Cash Overheads Reduction
Cash overheads decreased significantly to $8.5 million from $11.8 million last year, showing improved efficiency.
Enterprise Contracts and Partnerships
Successfully signed 20 contracts, including an enterprise-wide license agreement with a top 20 retailer and a new partnership with Microsoft Azure.
DevOps Divestiture
Completed the divestiture of DevOps assets to BlueOptima, expected to yield up to $3.5 million in cash, allowing focus on data integration.
New Leadership in Sales
Appointment of Dominic Arcari as Chief Revenue Officer to strengthen sales execution.