Overview
Canada e-commerce firm's preliminary Q4 revenue grew 32% yr/yr
Preliminary full year revenue increased 43% yr/yr
Preliminary Q4 adj. EBITDA expected to be positive, improving from last year
Outlook
Company did not provide specific guidance for future quarters or years
Result Drivers
GROCERY AND GOLF VERTICALS - Strong performance in grocery and golf verticals supported Q4 growth, per CEO Ghassan Halazon
B2B SALES - Record B2B sales during holiday season contributed to Q4 revenue growth
OPERATIONAL OBJECTIVES - EMERGE met its 2025 objectives of organic revenue growth, positive Adj. EBITDA, and positive cash flow
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
C$7 mln
Press Release: ID:nCNWhQ2lLa
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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.)