Nerds On Site Inc. Reports Continued Growth and Strategic Advancements in Cybersecurity and IT Services in Q2 2025
Nerds On Site Inc. (NOSUF) reported its Q2 2025 financial results, showing mixed performance with growth in revenue but increased losses. The company achieved total revenue of $2.85M for Q2, up 2% year-over-year, and $5.51M for H1, representing a 5% increase driven by Canadian recurring business customer growth.
The company reported a gross profit of $794,661 for Q2 and $1.46M for H1, maintaining a 26.6% gross margin. However, increased operational expenses led to a net loss of $97,513 in Q2 and $361,055 in H1. The company launched several strategic initiatives, including Nerds On Line for remote IT support and NOS Technical Services Inc. for IT placement services. The Canadian market showed 5% growth in business customers, while U.S. expansion faced challenges in building brand awareness.
Nerds On Site Inc. (NOSUF) ha riportato i risultati finanziari del secondo trimestre 2025, mostrando una performance mista con crescita dei ricavi ma aumenti delle perdite. L'azienda ha raggiunto ricavi totali di 2,85 milioni di dollari per il Q2, in aumento del 2% anno su anno, e 5,51 milioni di dollari per il H1, rappresentando un incremento del 5% grazie alla crescita dei clienti aziendali ricorrenti canadesi.
L'azienda ha registrato un utile lordo di 794.661 dollari per il Q2 e 1,46 milioni di dollari per il H1, mantenendo un margine lordo del 26,6%. Tuttavia, l'aumento delle spese operative ha portato a una perdita netta di 97.513 dollari nel Q2 e di 361.055 dollari nel H1. L'azienda ha avviato diverse iniziative strategiche, tra cui Nerds On Line per supporto IT remoto e NOS Technical Services Inc. per servizi di collocamento IT. Il mercato canadese ha mostrato una crescita del 5% nei clienti aziendali, mentre l'espansione negli Stati Uniti ha affrontato sfide nella costruzione di consapevolezza del marchio.
Nerds On Site Inc. (NOSUF) informó sus resultados financieros del segundo trimestre de 2025, mostrando un desempeño mixto con crecimiento en los ingresos pero pérdidas aumentadas. La compañía logró ingresos totales de 2,85 millones de dólares para el Q2, un aumento del 2% interanual, y 5,51 millones para el H1, representando un incremento del 5% impulsado por el crecimiento de clientes comerciales recurrentes canadienses.
La empresa reportó una ganancia bruta de 794.661 dólares para el Q2 y 1,46 millones de dólares para el H1, manteniendo un margen bruto del 26,6%. Sin embargo, el aumento en los gastos operativos resultó en una pérdida neta de 97.513 dólares en el Q2 y de 361.055 dólares en el H1. La compañía lanzó varias iniciativas estratégicas, incluyendo Nerds On Line para soporte IT remoto y NOS Technical Services Inc. para servicios de colocación en IT. El mercado canadiense mostró un crecimiento del 5% en clientes comerciales, mientras que la expansión en EE. UU. enfrentó desafíos en la construcción del reconocimiento de marca.
Nerds On Site Inc. (NOSUF)는 2025년 2분기 재무 결과를 발표했으며, 수익 증가에도 불구하고 손실이 증가하는 혼합 실적을 보였습니다. 이 회사는 2분기 총 수익 285만 달러를 달성했으며, 작년 대비 2% 증가했으며, 상반기 551만 달러를 기록하여 캐나다의 반복 비즈니스 고객 증가에 힘입어 5% 향상되었습니다.
회사는 2분기에 총 이익 794,661달러와 상반기에 146만 달러를 보고하며 26.6%의 총 이익률을 유지했습니다. 그러나 증가한 운영비용으로 인해 2분기에는 97,513달러, 상반기에는 361,055달러의 순손실이 발생했습니다. 회사는 원격 IT 지원을 위한 Nerds On Line과 IT 배치 서비스를 위한 NOS Technical Services Inc.를 포함한 여러 전략적 이니셔티브를 시작했습니다. 캐나다 시장은 비즈니스 고객에서 5% 성장했고, 미국 확장은 브랜드 인지도 구축에 어려움을 겪었습니다.
Nerds On Site Inc. (NOSUF) a publié ses résultats financiers du deuxième trimestre 2025, montrant une performance mitigée avec une hausse des revenus mais des pertes accrues. L'entreprise a atteint des revenus totaux de 2,85 millions de dollars pour le Q2, en hausse de 2 % par rapport à l'année précédente, et 5,51 millions de dollars pour le H1, représentant une augmentation de 5 % grâce à la croissance des clients commerciaux récurrents au Canada.
L'entreprise a déclaré un bénéfice brut de 794.661 dollars pour le Q2 et 1,46 million de dollars pour le H1, maintenant une marge brute de 26,6 %. Cependant, l'augmentation des dépenses opérationnelles a entraîné une perte nette de 97.513 dollars au Q2 et de 361.055 dollars au H1. L'entreprise a lancé plusieurs initiatives stratégiques, notamment Nerds On Line pour le support informatique à distance et NOS Technical Services Inc. pour les services de placement en informatique. Le marché canadien a montré une croissance de 5 % des clients commerciaux, tandis que l'expansion aux États-Unis a rencontré des défis en matière de notoriété de la marque.
Nerds On Site Inc. (NOSUF) hat seine finanziellen Ergebnisse für das zweite Quartal 2025 veröffentlicht, die eine gemischte Leistung mit Umsatzwachstum, aber steigenden Verlusten zeigen. Das Unternehmen erzielte einen Gesamtumsatz von 2,85 Millionen Dollar für das 2. Quartal, was einem Anstieg von 2% im Vergleich zum Vorjahr entspricht, und 5,51 Millionen Dollar für das erste Halbjahr, was ein Plus von 5% darstellt, das durch das Wachstum der wiederkehrenden Geschäftskunden in Kanada getrieben wurde.
Das Unternehmen meldete einen Bruttogewinn von 794.661 Dollar für das 2. Quartal und 1,46 Millionen Dollar für das erste Halbjahr, wobei eine Bruttomarge von 26,6% aufrechterhalten wurde. Allerdings führten gestiegene Betriebskosten zu einem Nettoverlust von 97.513 Dollar im 2. Quartal und 361.055 Dollar im ersten Halbjahr. Das Unternehmen startete mehrere strategische Initiativen, darunter Nerds On Line für Remote-IT-Support und NOS Technical Services Inc. für IT-Platzierungsdienste. Der kanadische Markt zeigte ein Wachstum von 5% bei den Geschäftskunden, während die Expansion in den USA auf Herausforderungen beim Markenbewusstsein stieß.
- Revenue increased 5% YoY to $5.51M for H1 2025
- Canadian business customer base grew by 5%
- National Project Program achieved 150% growth in 2024
- Launched new revenue streams with Nerds On Line and NOS Technical Services Inc.
- Net loss increased to $361,055 for H1 2025
- Operating expenses rose 13% YoY in Q2
- Gross profit showed slight decline in Q2
- U.S. market expansion performing below expectations
Toronto, Ontario--(Newsfile Corp. - January 30, 2025) - Nerds On Site Inc. (CSE: NERD) (OTCQB: NOSUF) ("Nerds"), a premier provider and business technology partner for IT and cybersecurity solutions, today announced its financial results for the three and six months ended November 30, 2024. Nerds continues to demonstrate resilience, expanding its services while focusing on profitability and long-term growth.
Financial Highlights:
For the three-month period ending November 30, 2024, Nerds reported total revenue of
For the six-month period ending November 30, 2024, total revenue reached
Strategic Developments and New Initiatives:
As part of its long-term growth strategy, Nerds is actively focusing on expanding its offerings in the cybersecurity and risk aversion sectors. The Company is working to strengthen its partnerships within the risk management and cyber insurance space, positioning itself to serve the evolving needs of businesses across North America.
In line with these efforts, Nerds has launched several new initiatives designed to enhance its service offerings and expand its customer base:
Introduction of Nerds On Line: A new service offering unlimited remote IT support services for home and small office/home office (SOHO) clients.
Launch of NOS Technical Services Inc.: A new division has been established and dedicated to providing augmented IT placement services for client projects.
National Project Program Marketing Initiative: Following a significant
150% growth in 2024, Nerds is launching its first Canada/USA-wide marketing campaign to expand this program and boost brand awareness.
Nerds also launched a new investor website to provide stakeholders with enhanced transparency into the Company's financial health and strategic direction.
Operational Performance:
Along with Nerds' revenue growth, operating expenses also rose due to increased payroll and office administrative costs associated with the launch of NOS Technical Services Inc. Selling, general, and administrative expenses for the three months ending November 30, 2024, increased by
Nerds reported a net loss of
Customer and Market Expansion:
The Company continues to see growth in its Canadian market, where it serves a wide base of small and medium enterprises (SMEs) and corporate clients. As of November 30, 2024, the number of Canadian business customers grew by
Despite these challenges, Nerds remains optimistic about its U.S. expansion plans and is committed to growing its presence across North America. The U.S. represents a key growth area, and Nerds is making strategic investments to ensure that the necessary support infrastructure is in place to achieve long-term success.
Looking Forward:
Nerds' management remains committed to enhancing its service offerings, expanding its customer base, and improving operational efficiency. The Company's focus will continue to be on delivering value to clients while achieving profitability and long-term sustainable growth.
Nerds is confident that its new initiatives, particularly in cybersecurity and remote IT support, will lead to a bright future. The increasing demand for secure, reliable, and productive IT services for SMEs is expected to further drive growth in the coming months.
As part of its ongoing commitment to innovation and service excellence, Nerds will continue to focus on improving its technology platform and supporting its network of "Nerds" to ensure that they remain at the forefront of the evolving technology landscape.
About Nerds On Site Inc.
Founded in 1995, Nerds On Site Inc. (CSE: NERD) is a premier provider of managed IT and cybersecurity services, catering to businesses and individuals across North America. With a network of highly skilled IT professionals, the Company specializes in delivering secure, scalable, and cost-effective technology solutions. Nerds leverages its proprietary ERP system, IAMANERD, to streamline operations, enhance service delivery, and ensure seamless IT support for clients in various industries. Committed to innovation, the Company continues to expand its offerings in cybersecurity, risk management, and remote IT services to meet the evolving needs of its customers in an increasingly digital world.
Forward-Looking Statements:
This press release contains forward-looking statements, which are subject to risks and uncertainties. All statements other than historical facts are forward-looking statements, including statements regarding future growth, market expansion, and financial performance. Actual results could differ materially from those expressed or implied by these forward-looking statements due to a variety of factors.
For further information, please contact: Nerds On Site Inc. Investor Relations Email: (ir@nerdsonsite.com) Website (https://investors.nerdsonsite.com) Listing (CSE: NERD | OTCQB: NOSUF)
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239085
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