Helport AI reports revenue growth in first half of fiscal year 2025
From GlobeNewswire: 2025-03-31 16:01:00
In the first half of fiscal year 2025, Helport AI reported a 13.1% revenue increase to $16.4 million, driven by enterprise AI adoption. Key financial highlights include a 29.1% rise in subscribed seats and a 82.9% decrease in net income due to R&D investments and global expansion costs.
Operational milestones include approvals for Helport AI software on Google Cloud Marketplace and partnerships with U.S. entities. The company opened a new office in the Philippines and appointed a new President, Director, and Interim CFO, Amy Fong. Partnerships in debt collection and insurance sectors were also secured.
For the second half of fiscal year 2025, Helport AI aims to accelerate revenue growth, optimize costs, expand AI+BPO services, and focus on R&D innovations. The company continues to drive enterprise AI adoption in core sectors like insurance, mortgage sales, and BPO call centers.
Management at Helport AI emphasized strategic investments in product development, cloud infrastructure, and international expansion to scale the platform and differentiate in the market. The company’s AI products are integrated with large language models for enhanced customer engagement solutions.
Financially, Helport AI’s revenue grew by 13.1% to $16.4 million in the first half of fiscal year 2025, with gross profit decreasing to $9.0 million. Operating expenses rose due to investments in sales, marketing, and R&D activities. The company aims to enhance liquidity through operational cash flow and financing.
Helport AI will host a conference call on March 31, 2025, to discuss its financial results and operational strategies. The call will be led by the CEO and Interim CFO, with a focus on revenue growth, cost optimization, and AI+BPO monetization. Investors can access the call and presentation online.
In conclusion, Helport AI’s first half fiscal year 2025 showed revenue growth driven by enterprise AI adoption. The company aims to expand its AI offerings in core sectors, optimize costs, and drive profitability. Strategic investments in product development, global expansion, and partnerships are key to future growth.
Read more at GlobeNewswire:: Helport AI Reports First Half Fiscal Year 2025 Financial