Vertiqal Studios Announces Q2 2025 Results
Vertiqal Studios (TSX: VRTS) has released its Q2 2025 financial results, reporting significant challenges in the digital advertising space. The company experienced a 30% year-over-year revenue decline to $777,766, while maintaining a healthy gross margin of 64%.
The company's performance was impacted by broader industry headwinds, including macroeconomic pressures and Snapchat's platform changes. Despite these challenges, Vertiqal demonstrated resilience with a 101% year-over-year revenue growth on Snapchat in March and achieved operational efficiencies. The net loss improved by 38% to $541,967, compared to $880,944 in Q2 2024.
Vertiqal Studios (TSX: VRTS) ha pubblicato i risultati finanziari del secondo trimestre 2025, evidenziando difficoltà significative nel settore della pubblicità digitale. I ricavi sono scesi del 30% su base annua, attestandosi a 777.766 dollari, mentre il margine lordo è rimasto solido al 64%.
Le prestazioni sono state influenzate da fattori macroeconomici e dalle modifiche della piattaforma Snapchat. Nonostante ciò, Vertiqal ha mostrato segnali di tenuta con una crescita dei ricavi su Snapchat del 101% anno su anno a marzo e ha ottenuto miglioramenti di efficienza operativa. La perdita netta si è ridotta del 38%, scendendo a 541.967 dollari rispetto ai 880.944 dollari del secondo trimestre 2024.
Vertiqal Studios (TSX: VRTS) ha publicado sus resultados del segundo trimestre de 2025, mostrando retos importantes en el ámbito de la publicidad digital. Los ingresos cayeron un 30% interanual, hasta 777.766 dólares, mientras que el margen bruto se mantuvo sólido en un 64%.
El rendimiento se vio afectado por vientos en contra del sector, incluidas presiones macroeconómicas y cambios en la plataforma de Snapchat. A pesar de ello, Vertiqal demostró resiliencia con un crecimiento interanual de ingresos en Snapchat del 101% en marzo y logró mejoras en la eficiencia operativa. La pérdida neta se redujo un 38%, quedando en 541.967 dólares frente a 880.944 dólares en el Q2 de 2024.
Vertiqal Studios (TSX: VRTS)가 2025년 2분기 실적을 발표했습니다. 디지털 광고 부문에서 큰 어려움을 겪으며 매출이 전년 대비 30% 감소해 777,766달러를 기록했으나, 매출총이익률은 64%로 견조했습니다.
실적은 거시경제적 압력과 스냅챗 플랫폼 변경 등 업계 전반의 역풍의 영향을 받았습니다. 그럼에도 불구하고 Vertiqal은 3월 스냅챗에서 전년 대비 101% 매출 증가를 보이며 회복력을 보였고 운영 효율성도 개선했습니다. 순손실은 38% 개선되어 541,967달러로, 2024년 2분기의 880,944달러에서 감소했습니다.
Vertiqal Studios (TSX: VRTS) a publié ses résultats du deuxième trimestre 2025, faisant état de difficultés marquées dans le secteur de la publicité numérique. Le chiffre d'affaires a diminué de 30% en glissement annuel, pour s'établir à 777 766 dollars, tandis que la marge brute est restée solide à 64%.
Les performances ont été affectées par des vents contraires sectoriels, notamment des pressions macroéconomiques et des changements sur la plateforme Snapchat. Malgré cela, Vertiqal a fait preuve de résilience avec une croissance des revenus sur Snapchat de 101% en glissement annuel en mars et a amélioré son efficience opérationnelle. La perte nette s'est réduite de 38%, atteignant 541 967 dollars contre 880 944 dollars au T2 2024.
Vertiqal Studios (TSX: VRTS) hat seine Finanzergebnisse für das zweite Quartal 2025 veröffentlicht und erhebliche Herausforderungen im digitalen Werbemarkt berichtet. Der Umsatz sank um 30% gegenüber dem Vorjahr auf 777.766 US-Dollar, während die Bruttomarge mit 64% weiterhin stabil blieb.
Die Entwicklung wurde durch branchenweite Gegenwinde, darunter makroökonomischer Druck und Änderungen auf der Snapchat-Plattform, beeinflusst. Trotz dieser Schwierigkeiten zeigte Vertiqal Widerstandskraft: Im März verzeichnete das Unternehmen auf Snapchat ein Umsatzwachstum von 101% gegenüber dem Vorjahr und erzielte operative Effizienzgewinne. Der Nettoverlust verbesserte sich um 38% auf 541.967 US-Dollar gegenüber 880.944 US-Dollar im Q2 2024.
- Gross margin remained strong at 64% for Q2 and 72% YTD, showing operational efficiency
- Net loss improved by 38% year-over-year to $541,967
- Achieved 101% revenue growth on Snapchat platform in March 2025
- Total expenses reduced by 40% year-over-year
- Revenue declined 30% year-over-year to $777,766
- Gross profit decreased 42% to $500,997
- Year-to-date net loss increased 26% to $1.86M
- EBITDA deteriorated 15% YTD to -$1.82M
Toronto, Ontario--(Newsfile Corp. - August 15, 2025) - Vertiqal Studios Corp. (TSX: VRTS) (FSE: 9PY0) ("Vertiqal" or "the Company"), a leading digital-channel network and video-production studio, as well as the owner of North America's largest gaming and lifestyle network on social media, today announced its financial results for the three months ended June 30, 2025.
Key Financial Highlights (Year over Year)
Below is a summary of the financial results for the three and six months ended June 30, 2025, and June 30, 2024.
| Three months ended March 31, 2025 | Three months ended March 31, 2024 | Variance % | Six months ended March 31, 2025 | Six months ended March 31, 2024 | Variance % | |
| Revenues | 777,766 | 1,104,170 | - | 1,483,611 | 1,947,079 | - |
| Gross Profit | 500,997 | 868,146 | - | 1,068,183 | 1,522,991 | - |
| Total Expenses | 1,042,964 | 1,749,090 | - | 2,923,563 | 2,999,180 | - |
| Net Loss | (541,967) | (880,944) | - | (1,855,380) | (1,476,189) | |
| EBITDA | (462,446) | (953,899) | - | (1,816,978) | (1,586,152) |
Financial Highlights of Q2 2025
- Revenue Composition and Growth: Vertiqal Studios reported a
30% decrease in revenue compared to the second quarter of 2024, or a24% decrease for the year-to-date period. This decrease followed an industry-wide cooling off of advertising spend as a result of macroeconomic pressures, as well as Snapchat's previously announced plan to merge its Discover and Spotlight tabs, which created temporary monetization challenges industry-wide, compounded by lower CPMs in January and February 2025. Vertiqal saw a significant rebound in March, producing101% revenue growth year over year on Snapchat. - Gross Margin: The Company achieved a healthy gross margin of
64% for the quarter and72% for the six months year-to-date, reflecting continued operational efficiency.
While macroeconomic pressures, industry-wide advertising slowdowns, and shifts in platform monetization strategies impacted topline revenue earlier in the year, Vertiqal has already seen renewed momentum. The Company remains encouraged by its stable gross margins and anticipates improved monetization performance in upcoming quarters, supported by both the seasonal upswing in advertising and expanded opportunities from forthcoming acquisition strategies.
About Vertiqal Studios
Vertiqal Studios, owners of North America's largest gaming and lifestyle network on social media, is a leading digital-channel network and video-production studio. The company specializes in the creation and distribution of viral videos for brands and advertisers to create always-on digital strategies that live authentically in Gen Z and Millennial culture. Vertiqal Studios partners with leading brands to develop strategic solutions, creative ideation, and content production, while also providing distribution and amplification through its Owned & Operated channels — all delivered with boutique, white-glove service. Its expertise lies with managing over 140 channels across TikTok, Instagram, and Snapchat, while producing over 100+ pieces of content a day for a growing audience of 52 million-plus followers. For more information and to join our email subscriber list for direct press releases and newsletters, visit https://vertiqalstudios.com/.
For media inquiries, please contact:
Jon Dwyer
Chairman and Chief Executive Officer
+1 (416) 627-8868;
Email: jon@vertiqalstudios.com;
Investor Relations Email: ir@vertiqalstudios.com.
Forward-Looking Information
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release.
The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262615
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