NowVertical operating income rises 34% to $0.8 million in FY26 Q2; revenue increases 18% to $9.7 million

Reuters2026/08/18 12:03

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NowVertical Q2 ended June 30, 2026 revenue rose 18% to USD 9.7 million, on prior-year Argentina hyperinflation and Brazil reseller weakness.
Gross profit climbed 26% to USD 4.8 million; gross margin widened 3 percentage points to 50%.
Operating income increased 34% to USD 830,400 as higher administrative expenses offset part of the gain.
Adjusted EBITDA, a non-IFRS measure, jumped 41% to USD 1.5 million; margin improved to 15% from 13%.
Andre Garber, appointed interim CEO in June, said revenue growth and margin gains reflected client delivery; NowVertical also won a USD 1.2 million data modernization mandate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NowVertical Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608180800PRIMZONECNPR____9811920) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NowVertical operating income rises 34% to $0.8 million in FY26 Q2; revenue increases 18% to $9.7 million

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