NowVertical Group Inc. (TSX-V: NOW) announced financial results for the third fiscal quarter ended September 30, 2025, with revenue of $9.1 million in Q3 2025, a 15% decrease from the same period in 2024. Management highlighted the transition to higher-margin strategic accounts, with revenue from top 30 clients growing over 23% year-to-date.

The Company reported a gross profit of $4.7 million in Q3 2025, representing a 51% margin, and Adjusted EBITDA of $1.8 million, a 9% decrease from the previous year. NOW also strengthened its partnership with Google Cloud, generating $3.4 million in revenue and creating twenty new enterprise opportunities.

NOW’s CEO, Sandeep Mendiratta, emphasized the company’s focus on high-value relationships, which has contributed to positive operating income and year-to-date adjusted EBITDA growth. The Company’s ‘One Brand, One Business’ integration strategy has maintained industry-leading margins and positioned NOW for significant expansion.

Additional highlights include NOW being awarded the Google Cloud Generative AI Specialization, delivering a record-speed $1M+ account in the UK market, and participating in a Fireside Chat at the Planet MicroCap Showcase. The Company also announced the full retirement of outstanding debentures, strengthening its balance sheet.

Read more at GlobeNewswire: NowVertical Group Reports Third Quarter 2025 Financial