Pivotree Reports Strong Q1 2025 Financial Performance

Pivotree Inc., a leader in frictionless commerce solutions, announced its Q1 2025 results, highlighting an impressive adjusted EBITDA of $2.0 million. This marks another record since the company went public in 2020. The company also reported a net income of $232k, a significant turnaround from a $2.2 million loss in the prior year.

Revenue for the quarter totaled $19.2 million, a decrease of 8.5% year-over-year. However, sequential revenue growth improved by 5.1% from the previous quarter. The decline was notably due to a 14.9% drop in Total Managed & IP Solutions (MIPS) and Legacy Managed Services (LMS) revenue.

The company recently divested its WMS software for $2.7M, aligning future R&D investments. Professional Services revenue, while down 3.2% year-over-year, saw an 8.0% quarterly increase, driven by new customer projects.