Canada's EMERGE Commerce prelim Q3 revenue up 58%

Emerge Commerce

22/10/2025 12:14

Corrects currency figures to C$ in all three bullets of Overview

Overview

EMERGE Commerce reports preliminary Q3 revenue up 58% yr/yr to C$7.0 mln

Adjusted EBITDA improves to C$200K-C$250K from a loss of C$254K

Cash position rises to C$4.0 mln from C$1.6 mln a year ago

Outlook

Company did not provide specific future guidance

Result Drivers

ORGANIC GROWTH - Both grocery and golf verticals exhibited positive organic growth, contributing to revenue increase

CASH POSITION - Cash position improved due to Tee 2 Green's strong performance and cash-flow friendly deal structure

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$7 mln


Press Release: ID:nCNWJx8PZa

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(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.)