Nixxy, Inc. Stock Price, News & Analysis

Nixxy Inc. (NASDAQ:NIXX) reported Q2 2025 financial results, achieving $13.47 million in revenue, primarily from telecommunications services, with year-to-date revenue reaching $14.86 million. The company hit a significant milestone in June 2025, surpassing $6.6 million in monthly revenue.

The quarter was marked by strategic technology acquisitions, including Savitr, Aqua Software, and NexGenAI, strengthening Nixxy's AI platform capabilities. Post-quarter, on August 12, 2025, Nixxy acquired Edge data center assets from Everythink Innovations Limited for $3.65 million, expanding its infrastructure in Fremont and Vancouver.

The company's balance sheet showed total assets of $13.25 million, stockholders' equity of $6.73 million, and cash and equivalents of $940,000 at quarter-end.

Nixxy (NASDAQ:NIXX) has acquired EDGE data center assets from Everythink Innovations Limited for $3.65 million in cash and stock. The acquisition includes infrastructure in Freemont, CA and Vancouver, Canada, bringing $48 million in contracted annual recurring revenue (ARR) from wholesale data, VPN, and interconnect services.

The strategic purchase significantly expands Nixxy's AI infrastructure capabilities, adding to their current $7.5 million July revenue and projected $10 million August revenue. The acquisition provides immediate access to Tier 3 infrastructure, enabling AI-enhanced services deployment and establishing a cross-border platform for North American market expansion.

Nixxy (NASDAQ:NIXX) has announced preliminary revenue projections and strategic updates, showcasing strong growth momentum. The company expects Q2 2025 revenue of $13.3 million, with projected revenues of $7.5 million for July 2025 and $10 million for August 2025.

The company is undergoing a strategic transformation into an AI-driven communications and infrastructure platform, implementing cost efficiency measures and streamlining operations. Nixxy's focus is on building a scalable, modular platform designed for enterprise-grade systems, positioning itself at the intersection of connectivity, compute, and automation in the AI infrastructure market.

Nixxy Inc. (NASDAQ:NIXX), a next-generation communications company specializing in AI-driven telecom infrastructure, has announced its addition to the Russell 3000E® Index as part of the annual index reconstitution.

The Russell 3000E® Index represents the broadest U.S. equity index, combining the Russell 3000® Index with the Russell Microcap® Index, and includes up to 4,000 of the largest U.S. stocks by total market capitalization. This index is widely utilized by investment managers and institutional investors for index funds, benchmarking, and ETF development.

Nixxy's core business focuses on transforming the telecom landscape through its AuralinkAI platform, which integrates advanced automation, data analytics, and scalable infrastructure to provide voice and messaging services globally. The company employs a hybrid approach, combining infrastructure ownership with AI-enhanced service delivery to serve both wholesale and enterprise clients.

Nixxy (NASDAQ:NIXX) announced the acquisition of Leadnova.ai platform assets from NexGenAI, strengthening its AI-enhanced telecom capabilities. Leadnova.ai is a SaaS solution for business development, featuring data delivery, sales enablement, and automation tools. The company reported significant revenue growth with unaudited gross revenue of $5.2 million in May 2025, up from $1.4 million in April 2025, and targets $10 million monthly revenue by August 2025. Additionally, Nixxy announced a registered direct offering of 846,667 shares at $1.50 per share to accredited investors. The integration of Leadnova.ai into Nixxy's AuralinkAI platform is expected to enhance the company's ability to deliver intelligent, performance-driven enterprise communication services.

Nixxy (NASDAQ:NIXX) reported Q1 2025 revenue of $1.39 million following its strategic pivot to AI-powered communications infrastructure. The company's first full month under the new model (April 2025) generated unaudited revenue of $1.4 million, with internal forecasts suggesting May revenue could potentially double April's results. The transformation is supported by strategic acquisitions made in March and April, providing AI platforms and contractual assets. Nixxy's new business model focuses on AI-powered infrastructure, platform-based services, and scalable data systems, offering services like intelligent call routing, automated settlement optimization, and advanced customer engagement tools. The company aims to accelerate recurring revenue and optimize cost structures while establishing itself as a leader in AI-powered communications infrastructure.

Nixxy (NASDAQ:NIXX) has appointed Mike Schmidt as its new CEO, effective immediately. Schmidt brings over 20 years of leadership experience in telecommunications, data center infrastructure, and cloud technologies. His track record includes founding a SaaS company in cable telecommunications, leading Uniserve Communications to profitability, executing seven acquisitions in 18 months at Teliphone Navigata Westel, and scaling Urbanfibre as Canada's first 1 Gb fiber-to-home service provider.

Former interim CEO Miles Jennings will transition to lead a division focused on AI-enabled career businesses, preparing for a planned spin-off. The company expects to provide an investor update on Q2 strategic progress, product roadmap, and financial outlook later this quarter.

Nixxy (NASDAQ:NIXX) reported preliminary revenue of $1.4 million for April 2025, with early May performance already exceeding $800,000. The company is targeting a May 2025 gross revenue run rate above $3 million and aims to achieve a $200M+ annual revenue run rate by year-end. Nixxy is expanding its AI-driven telecom operations, with commercial SMS traffic expected to generate new revenue streams starting May 2025.

The company plans to announce new telecom-focused executive leadership appointments this week to strengthen its expertise in high-volume switching, global carrier networks, and enterprise routing. These strategic hires align with Nixxy's focus on expanding its AI-enabled telecom infrastructure and growing voice and SMS volumes.

Nixxy (NASDAQ:NIXX) has appointed AI and MedTech pioneer Ashissh Raichura to its Board of Directors, effective immediately. Raichura, who holds dual Ph.D.s in Cloud Computing and Machine Learning, brings over 30 years of experience in secure, compliant platforms across healthcare, telecom, and fintech sectors.

As Founder and CEO of Scanbo, a MedTech company specializing in biosensor AI diagnostics, Raichura has demonstrated expertise in implementing SOC 2, GDPR, and HIPAA-compliant AI platforms. His background includes significant contributions at Tech Mahindra, where he worked on British Telecom's IP infrastructure transition.

The appointment aligns with Nixxy's focus on developing intelligent infrastructure for compliance-intensive industries, leveraging Raichura's expertise in cybersecurity, regulatory compliance, and AI architecture across multiple global markets.