Spotlio (SPOT) Q4 24/25 earnings summary

Executive summary

• Q4 FY25 revenues declined 15% year-over-year to $1.9M, with transactional business up 3% but SaaS and PaaS segments down.

• EBITDA loss improved to -$0.3M in Q4 from -$0.5M in the prior year quarter, reflecting cost rationalization.

• FY25 revenues were flat at $7.3M, but up 4% excluding prior year gift card adjustments, driven by 364% growth in PaaS and 5% in SaaS.

• FY25 EBITDA loss narrowed significantly to -$1M from -$3.9M in the prior year.

• Cash position at year-end was $0.9M, with all tranches of senior debt facility drawn and renewed for FY26.

Financial highlights

• Q4 gross profit margin was 58%; FY25 gross profit margin improved to 65% from 63% last year.

• Q4 total operating expenses decreased 19% year-over-year; FY25 operating expenses down 26% year-over-year.

• Q4 net loss was -$1.13M, improved from -$1.49M in the prior year quarter.

• FY25 net loss was -$4.18M, a significant improvement from -$7.12M in the previous year.

• Basic and diluted EPS for Q4 was -0.01, compared to -0.01 in the prior year quarter.

Outlook and guidance

• Senior debt facility renewed for FY26, supporting ongoing operations and liquidity.