On February 21, 2025, Nixxy (NIXX) acquired TKOS Systems software assets, an AI-driven platform that specializes in the multi-billion dollar telecommunications, SMS, and data service sectors, allowing Nixxy to garner global customers and partners, such as the recently announced agreement with Mexedia, SpA of Rome, Italy. Nixxy’s strategy to expand in this space is based on offering a platform that integrates with existing customer systems, potentially enabling enhanced efficiencies and optimization in billing and transactional processes. This is designed to help customers enhance their billing and transactional processes by leveraging AI-driven efficiencies. Nixxy anticipates that it can build a team of experienced sales professionals who will work toward expanding our customer base throughout fiscal 2025, subject to market conditions and customer adoption. Nixxy believes that this newly acquired AI platform has the potential to enhance business capabilities in telecommunications, financial services, healthcare, insurance, travel, and hospitality by providing AI-powered voice and data services. The Company believes that integrating Unified Communications as a Service and Contact Center as a Service may enhance operational efficiency and customer engagement for businesses adopting these solutions. This acquisition brings advanced telecom and AI capabilities in-house and positions NIXX to tap into a growing market segment. The Company intends to explore strategic asset acquisitions and evaluate opportunities to expand its technical and marketing teams to enhance its market position and growth potential. Due to the securing of the license and switches, the Company is revising its internal revenue projections and anticipates a monthly revenue run rate of approximately $25-27 million, contingent on market conditions, business execution, and the successful integration of new assets. The Company anticipates potential revenue growth through strategic acquisitions, though future results will depend on market conditions, operational execution, and integration success. The Company is aiming to achieve net profitability on a per-share basis by year-end; however, actual results will depend on various factors, including market conditions and execution. To enhance transparency, Nixxy intends to provide intra-quarterly revenue tracking updates, subject to business conditions and reporting requirements. These updates will reflect operational progress and key milestones, helping investors monitor the Company’s execution against strategic objectives. The Company intends to provide pro-forma revenue tracking updates, which will be subject to revision based on market and operational factors. These updates are intended to enhance transparency; however, they are preliminary in nature and subject to revision.
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