Nixxy, Inc. Stock Price, News & Analysis

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.

Nixxy (NASDAQ:NIXX) reported that its Auralink AI subsidiary processed $1.2M in switching and billing activity in March 2025, exceeding expectations and prompting a review of April forecasts. The company is advancing its AI integration strategy through several key initiatives:

• Integration of CallAI™, acquired from Aqua Software, to enhance call automation and routing capabilities
• Development of AuraCloud, an AI-powered telco backbone for SMS and voice traffic optimization
• Planned recruitment of a senior AI and data infrastructure expert

The company also confirmed the progression of its previously announced share repurchase program, which is currently in the brokerage process phase. All reported figures are preliminary and unaudited, with final financials to be disclosed in future filings.

Nixxy (NASDAQ:NIXX) has acquired two AI software platforms - CallAI and AQUA Health Coach - from Aqua Software Technology for $3.9 million in cash and restricted common stock. The strategic purchase expands Nixxy's technology portfolio in telecom and healthcare sectors.

CallAI, an AI-driven calling platform, will enhance Nixxy's Auralink AI telecom subsidiary with advanced automation for voice calls, intelligent outbound dialing, and natural language processing capabilities. AQUA Health Coach, powered by GPT-4, provides personalized health coaching and support through a conversational interface with visual elements.

Market analysis indicates significant growth potential, with the global call center AI market projected to reach $25.84 billion by 2034 (23.11% CAGR) and the chatbot market experiencing a 23.3% CAGR from 2025 to 2030. Initial deployment will focus on U.S.-based B2B clients, with future plans for international expansion.

Nixxy (NASDAQ:NIXX) has announced the successful launch of AI-based telecom services through its Auralink AI subsidiary. The company expects to generate $250,000 in initial revenues in March 2025 and projects approximately $2 million in April on a month-end run rate basis.

This early traction marks progress toward Nixxy's long-term goal of achieving a $25-27 million monthly revenue run rate. Auralink's AuraCloud AI-Powered Telco Infrastructure offers features including real-time voice & SMS routing, LLM-optimized call path selection, and automated fraud detection.

The platform utilizes artificial intelligence and large language models (LLMs) for intelligent billing, switching, and unified communications. Nixxy is actively evaluating strategic acquisition and joint venture opportunities to enhance shareholder value and technological capabilities.

Nixxy (NASDAQ:NIXX) announced that its majority-owned subsidiary Atlantic Energy Solutions (OTC:AESO), soon to be rebranded as CognoGroup, has acquired Wizco Group's AI-powered interview coaching platform 'Ava'. The platform provides AI-tailored questioning, real-time transcription, and performance feedback for job seekers.

Under the transaction terms, AESO will issue 16,666,667 shares to Wizco stockholders, plus 20 million shares to Wizco's founders through an advisory services agreement vesting over 12 months. Nixxy maintains a convertible preferred equity position in AESO convertible to one billion shares.

Ava offers personalized interview coaching through AI-driven features including dynamic question generation, instant transcription, and performance analytics. The acquisition aligns with Nixxy's strategy to build an AI-driven business portfolio, while maintaining focus on its core AI-powered telecom and data services initiatives.

Nixxy (NASDAQ:NIXX) has announced key business updates regarding its contract with Mexedia SpA and regulatory filings. The company projects revenue generation from the Mexedia Contract to commence in March 2025, with an anticipated monthly revenue run rate of $25-27 million as operations scale, subject to market conditions and execution.

Additionally, Nixxy has voluntarily withdrawn its Form S-1 Registration Statement (File No. 333-283625) filed on December 5, 2024. The withdrawal decision was made in shareholders' best interests as the additional facility is no longer required. No securities were sold in connection with the Registration Statement, which had not been declared effective by the SEC.