Banzai International reports impressive Q1 2025 financial results with revenue and profit increases.

From GlobeNewswire: 2025-05-15 17:35:00

Banzai International, Inc. reported impressive financial results for Q1 2025 with revenue of $3.4 million, a 213% increase from Q1 2024, and a gross profit of $2.8 million, a 297% increase. The company also improved its net loss to ($3.6) million from ($7.9) million in Q4 2024, positioning towards cash break-even operations in FY2025.

The company completed the acquisition of Vidello and signed a definitive agreement to acquire Act-On Software Inc., projecting a $27 million revenue increase for 2025. Banzai also repaid $20.3 million of outstanding liabilities ahead of schedule and expanded its customer base to over 90,000 total customers.

Banzai’s Founder and CEO, Joe Davy, highlighted the significant improvements in the company’s balance sheet, cost structure, and financial position, expecting sustainable profitability in the future. The company achieved a 268% annualized Annual Recurring Revenue growth rate and serves over 90,000 customers.

The company launched CreateStudio 4.0 with A.I. enhancements for video creation and continued to invest in product and growth initiatives. Banzai’s acquisitions have allowed the development of an integrated platform of AI-powered MarTech solutions, driving strong growth with innovative products and capabilities for clients.

Banzai’s financial results for Q1 2025 showed a total revenue of $3.4 million, gross profit of $2.8 million, and a net loss of $3.6 million. The company’s Adjusted EBITDA for the period was ($1.7) million, reflecting improvements in operational performance and ongoing evaluation of operations. Net cash used in operating activities was $5.0 million.

Banzai is a marketing technology company providing AI-enabled marketing and sales solutions for businesses. The company’s mission is to help customers grow by targeting, engaging, and measuring customers effectively. Banzai’s product suite is used by companies like Autodesk, Dell Technologies, and New York Life. Learn more at www.banzai.io.



Read more at GlobeNewswire:: Banzai Reports First Quarter 2025 Financial Results