Business Model ShiftManagement highlighted a growing mix-shift away from managed services toward a self-service model within its DTC business, which offers higher margins.
Financial PerformanceThe solid jump in gross margin to 63.1% vs. 60.0% in Q3’23 was primarily led by the strong growth in DAAP revenue.
Revenue GrowthThe company announced one client is expected to generate $15M of in-year revenue, with four clients expected to generate over $10M of revenue in 2025.