Revenue Growth
Revenue increased by 15% to $74.67 million, driven by large contracts and new client onboarding.
Net Income Turnaround
Net income excluding one-off non-cash items surged to $21 million, surpassing guidance by 253%.
Strong EBITDA Performance
Adjusted EBITDA reached over $20 million, outperforming estimates by over 70%.
Significant Backlog for 2025
Current backlog for 2025 is $93 million, with guidance for revenue between $100 million and $110 million.
Cash Position Improvement
Unrestricted cash balance increased to $21.7 million, up from $5.3 million in 2023.