)

Adcore (ADCO) investor relations material
Adcore Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 delivered improved gross profit, higher margins, and positive adjusted EBITDA, with APAC revenue surging 35% year-over-year, offsetting declines in EMEA and North America.
Net loss reduced significantly, with operational efficiency gains and AI-driven innovations supporting future growth.
Launched new AI-powered features and the Proposaly app in BETA, expanding sales workflow and proposal generation capabilities.
Employee headcount increased, with cost impact minimized by hiring in lower-cost regions.
Financial highlights
Q2 2025 revenue was CAD $6.5M, down 1% from Q2 2024.
Gross profit increased 6% to CAD $3.1M, with gross margin rising to 47% from 44% year-over-year.
Adjusted EBITDA turned positive at CAD $156K, up from a loss of CAD $173K in Q2 2024.
Net loss reduced to CAD $226K–$425K, down from CAD $425K–$700K in Q2 2024.
Cash and cash equivalents grew 23% year-over-year to CAD $9.0M as of June 30, 2025.
Outlook and guidance
Management targets $40M annual revenue and expects stronger performance in H2 2025.
Aims for six consecutive quarters of positive adjusted EBITDA.
Focus on AI innovation, SaaS revenue growth, and expanding ARR to $4M–$5M.
Next Adcore earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage