InsuraGuest Reports 15% Gross Margin Growth and 54% Reduction in Net Loss Year-Over-Year
InsuraGuest Technologies (OTCQB: ISGIF) has reported strong financial improvements for the nine months ended March 31, 2025. The company achieved a 15% year-over-year increase in gross margin dollars, supported by a $47,476 revenue increase and gross margin percentage improvement from 61% to 65.8%. The growth was attributed to vacation rental property expansion and nine months of revenue from a new customer.
The insurtech company significantly reduced its comprehensive loss by 54%, from $379,720 to $174,731, through strategic cost management. President Reed Wright highlighted the company's growing recognition in vacation rental, hotel, and events sectors as they progress toward profitability.
InsuraGuest Technologies (OTCQB: ISGIF) ha riportato forti miglioramenti finanziari nei nove mesi terminati il 31 marzo 2025. L'azienda ha registrato un aumento del 15% anno su anno nei margini lordi in dollari, sostenuto da un incremento di ricavi di 47.476 dollari e da un miglioramento della percentuale del margine lordo dal 61% al 65,8%. La crescita è stata attribuita all'espansione delle proprietà per affitti vacanze e ai ricavi di nove mesi provenienti da un nuovo cliente.
La società insurtech ha ridotto significativamente la perdita complessiva del 54%, passando da 379.720 a 174.731 dollari, grazie a una gestione strategica dei costi. Il presidente Reed Wright ha sottolineato il crescente riconoscimento dell'azienda nei settori degli affitti vacanze, hotel ed eventi, mentre si avvicinano alla redditività.
InsuraGuest Technologies (OTCQB: ISGIF) ha reportado fuertes mejoras financieras en los nueve meses terminados el 31 de marzo de 2025. La compañía logró un aumento interanual del 15% en dólares de margen bruto, apoyado por un incremento de ingresos de 47,476 dólares y una mejora en el porcentaje del margen bruto del 61% al 65.8%. El crecimiento se atribuyó a la expansión de propiedades de alquiler vacacional y nueve meses de ingresos provenientes de un nuevo cliente.
La empresa insurtech redujo significativamente su pérdida integral en un 54%, de 379,720 a 174,731 dólares, mediante una gestión estratégica de costos. El presidente Reed Wright destacó el creciente reconocimiento de la compañía en los sectores de alquiler vacacional, hotelería y eventos, mientras avanzan hacia la rentabilidad.
InsuraGuest Technologies (OTCQB: ISGIF)는 2025년 3월 31일로 끝나는 9개월 동안 강력한 재무 개선을 보고했습니다. 회사는 전년 대비 총이익 금액이 15% 증가했으며, 이는 47,476달러의 매출 증가와 총이익률이 61%에서 65.8%로 개선된 덕분입니다. 이러한 성장은 휴가용 임대 부동산 확장과 신규 고객으로부터의 9개월 매출에 기인합니다.
이 인슈어테크 회사는 전략적 비용 관리를 통해 포괄 손실을 54% 크게 줄여 379,720달러에서 174,731달러로 감소시켰습니다. 리드 라이트 사장은 휴가용 임대, 호텔, 이벤트 부문에서 회사의 인지도가 높아지고 있으며 수익성 달성을 향해 나아가고 있다고 강조했습니다.
InsuraGuest Technologies (OTCQB : ISGIF) a annoncé de solides améliorations financières pour les neuf mois se terminant le 31 mars 2025. La société a enregistré une augmentation de 15 % du montant de la marge brute en glissement annuel, soutenue par une hausse des revenus de 47 476 dollars et une amélioration du pourcentage de marge brute de 61 % à 65,8 %. Cette croissance a été attribuée à l'expansion des propriétés de location de vacances et à neuf mois de revenus provenant d'un nouveau client.
La société insurtech a considérablement réduit sa perte globale de 54 %, passant de 379 720 à 174 731 dollars, grâce à une gestion stratégique des coûts. Le président Reed Wright a souligné la reconnaissance croissante de l'entreprise dans les secteurs de la location de vacances, de l'hôtellerie et des événements, alors qu'elle progresse vers la rentabilité.
InsuraGuest Technologies (OTCQB: ISGIF) hat für die neun Monate bis zum 31. März 2025 starke finanzielle Verbesserungen gemeldet. Das Unternehmen erzielte einen 15%igen Anstieg des Bruttomargenbetrags im Jahresvergleich, unterstützt durch einen Umsatzanstieg von 47.476 USD und eine Verbesserung der Bruttomargenquote von 61 % auf 65,8 %. Das Wachstum wurde auf die Expansion von Ferienmietobjekten und neun Monate Umsatz von einem neuen Kunden zurückgeführt.
Das Insurtech-Unternehmen reduzierte seinen umfassenden Verlust durch strategisches Kostenmanagement deutlich um 54%, von 379.720 USD auf 174.731 USD. Präsident Reed Wright hob die wachsende Anerkennung des Unternehmens in den Bereichen Ferienvermietung, Hotel und Veranstaltungen hervor, während sie auf die Profitabilität zusteuern.
- 15% year-over-year increase in gross margin dollars
- Gross margin percentage improved from 61% to 65.8%
- 54% reduction in comprehensive loss (from $379,720 to $174,731)
- Revenue increased by $47,476
- Expansion of vacation rental properties portfolio
- Company still operating at a loss despite improvements ($174,731 comprehensive loss)
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - InsuraGuest Technologies, Inc.® (TSXV: ISGI) (OTCQB: ISGIF) ("InsuraGuest" or the "Company"), a leading innovator in the Insurtech space, has announced its financial results for the nine months ended March 31, 2025, highlighting significant growth and improved financial efficiency.
The Company achieved a
"We continue to expand our vacation rental portfolio and enhance our insurtech solutions," says President Reed Wright. "Our technology stack and products are increasingly recognized as industry leaders in the vacation rental, hotel, and events sectors, fueling revenue growth and driving us towards profitability."
About InsuraGuest Technologies Inc.
Harnessing the Power of Technology to Reinvent Insurance
InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) is an innovative Insurtech company delivering insurance and warranty coverages to vacation rentals, hotels, resorts, and ticketed events. The Company offers tech-driven risk management solutions in the hospitality sector and continues to expand its offerings to meet market demands.
CA / LIC: 6001686
For more information, visit the company's website at: www.InsuraGuest.com
The Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. There is no assurance that this new business product offering or other planned products will be successful. The insurance and hospitality industries face increasing, and every-changing governmental regulation. The insurance industry is intensely competitive, and the Company's competitors have significantly more resources than the Company. Acceptance by potential customers is difficult to predict, particularly in the case of new products and disruptive technologies. If the Company fails to achieve market acceptance, this will significantly impact its results and financial resources. Achieving market acceptance may require advertising budgets that exceed the Company's current resources and require the Company to seek additional debt or equity financing. There is no assurance that such financing will be available at reasonable prices or at all.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Company Contact:
InsuraGuest Technologies, Inc.
Media Relations
Reed Wright
media@InsuraGuest.com
###
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253617
FAQ
What was InsuraGuest's (ISGIF) gross margin growth in Q1 2025?
How much did InsuraGuest (ISGIF) reduce its net loss in Q1 2025?
What drove InsuraGuest's (ISGIF) revenue growth in Q1 2025?
What sectors does InsuraGuest (ISGIF) operate in?
