Canada · Delayed Price · Currency is CAD Minehub Technologies Earnings Call Transcripts
Fiscal Year 2026
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Customer base and ARR grew significantly, with strong expansion into Asia and new market segments. AI integration accelerated product innovation and opened new revenue streams, while financials showed improved revenue and gross margin. Strategic partnerships and M&A continue to drive growth.
Fiscal Year 2025
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ABAX and MineHub are partnering to digitize the $12 trillion physical commodities supply chain, focusing on secure, real-time digital title transfer and financing. Their integrated, privacy-focused technology aims to transform trade finance, with pilots and customer engagement driving rapid commercialization.
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GMV rose 20% to $14.7B, with SaaS revenue up 17% and a 100% enterprise renewal rate. Expansion into China and new metals, plus strategic partnerships, support a positive outlook, though longer sales cycles and margin pressure persist.
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Revenue grew 19% year-over-year to $1.6M, driven by SaaS growth and new strategic partnerships. Net loss improved 11% to $4.7M, with ARR at $2.2M and strong expansion in Asia and Europe. SaaS ramp-up and further profitability gains are expected in 2025.
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Record Q1 revenue and improved net loss were driven by SaaS and professional services growth, with a strong pipeline and ecosystem expansion. Management expects a near-term shift to recurring SaaS revenue, with ARR growth anticipated as sales cycles close.