Feb. 18 at 12:09 PM
$PMNT Financial Highlights
Revenue was consistent with Q3 FY25 at approximately
$11.7 million.
Gross margin improved to 64.4%, up from 54.8% in Q3 FY25.
Total operating expenses decreased 9.9% to
$6.9 million compared to
$7.7 million in Q3 FY25.
Income from operations improved by approximately
$1.9 million to
$583,000 compared to a loss from operations of
$1.3 million in Q3 FY25.
Net income improved by approximately
$2.6 million to
$93,000, or
$0.00 per diluted share, compared to a net loss of
$2.5 million, or $(0.15) per diluted share, in Q3 FY25.
Adjusted EBITDA improved by
$1.6 million to
$882,000 compared to an adjusted EBITDA loss of
$671,000 in Q3 FY25.
