Canada's Tiny Ltd FY2025 revenue rises on Serato acquisition, digital services growth
Overview
Canada technology holding company's FY2025 revenue rose 5% yr/yr, driven by Serato acquisition
Adjusted EBITDA for FY2025 increased 22% to C$37.9 mln, reflecting higher profitability and cost discipline
Company repurchased 113,488 shares under its normal course issuer bid during FY2025
Outlook
Tiny Ltd did not provide specific guidance for the current or future periods
Result Drivers
SERATO ACQUISITION - Revenue and recurring revenue growth were primarily driven by the acquisition of a 66% interest in Serato, which contributed strongly to both metrics
DIGITAL SERVICES GROWTH - Growth within the Digital Services segment contributed to overall revenue gains
COST DISCIPLINE - Improved Adjusted EBITDA reflected ongoing focus on profitability and cost discipline, along with contributions from Serato
Company press release: ID:nNFC85Ps4f
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| C$203.80 mln |
|
FY Net Income |
| -C$33.80 mln |
|
FY Adjusted EBITDA |
| C$37.90 mln |
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