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Optiva (OPT) investor relations material
Optiva Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2'25 revenue was $10.3M, with a net loss of $4.4M and EPS loss of $0.71.
Added 13 new customers in the last two years, including two new Tier 1 European customers in Q2.
Bookings TCV in Q2'25 reached $26.6M, reflecting continued momentum.
Recognized for AI and analytics innovation with multiple industry awards and finalist nominations in 2024 and 2025.
Major customer renewed a multi-year support agreement.
Financial highlights
Q2'25 revenue was $10.3M, down from $11.1M in Q2'23 and $11.7M in Q1'25.
Gross margin for Q2'25 was 49%, a decline from 65% in Q2'23 and 56% in Q2'24.
Adjusted EBITDA for Q2'25 was $(1.6)M, with an adjusted EBITDA margin of (16%).
Net loss for Q2'25 was $(4.4)M, with basic and diluted EPS of $(0.71).
Cash balance at Q2'25 was $12.9M, down from $17.1M a year ago.
Outlook and guidance
Focus on AI-first, cloud-native BSS solutions and hyper-personalization to drive future growth.
Gross margins expected to fluctuate as cloud-native adoption increases.
Continued investment in R&D, representing 27% of Q2'25 revenue.
Negotiating a strategic transaction with a third party, with a binding agreement expected before the end of a 45-day forbearance period.
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