Record SaaS Revenue Growth
SaaS revenues in Q4 grew 17% quarter-over-quarter, totaling a record $5.9 million. For the full year, SaaS revenues grew 7% to a record $19.8 million.
Successful Vertical Channel Diversification
Targeted verticals like automotive, title insurance, e-mail, social media, and retail banking showed growth of 13%, 2,500%, 54%, and 17% respectively for the year.
New Major Contracts and Renewals
Renewed and expanded a contract with a prominent domestic bank, increasing value by approximately 15% to a mid-seven figure annual amount.
Positive Adjusted EBITDA
Achieved adjusted EBITDA positive results for the year at $520,000, improving from a loss of $377,000 in 2023.