Canada's AirIQ Q3 recurring revenue rises
25/02/2026 22:40
Overview Canada IoT asset manager's Q3 recurring revenue grew 33% yr/yr to record levels Total Q3 revenue increased 31% yr/yr Company completed acquisition adding $450 in annual recurring revenue Outlook AirIQ aims to scale efficiently through disciplined investments in sales and marketing Result Drivers RECURRING REVENUE GROWTH - Record 33% increase in recurring revenue driven by strategic focus on recurring revenue models ACQUISITION IMPACT - Recent acquisition expected to add $450,000 in annual recurring revenue at 70% margin Company press release: ID:nACSZ0Fzya For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)