Total Revenue

+2.7% (Q1 2025: $579.8M vs. Q1 2024: $564.5M)

Q1 2025 revenue increased by $15.3M (2.7%) due to sustained organic growth in the underlying business, building on previous period improvements, and benefiting from a positive foreign exchange impact that further boosted revenue levels. " "

Operating Income

+113% (Q1 2025: $35.3M vs. Q1 2024: $16.6M)

Operating income more than doubled largely because a higher revenue base (an increase of $15.3M) was combined with cost efficiencies—lower cloud infrastructure costs (by about $7M) and reduced net personnel costs (about $6M)—offsetting some higher expenses, thereby continuing the margin recovery trend seen in earlier periods. " "

Net Income (Loss Reduction)

~32% reduction in losses (Q1 2025 loss: $14.8M vs. Q1 2024 loss: $21.9M)

Net losses improved by approximately $7.1M as a result of enhanced operating income and better cost management, echoing previous period benefits from revenue growth and tighter cost controls which reduced non‐operating expenses such as foreign exchange losses. " "

Regional Revenue Contribution

North America 69% of total revenue

North America’s consistent performance is evident with $398.0M contributed in Q1 2025, maintaining its dominant 69% share; this reflects enduring market leadership coupled with sustained customer demand, while the International segment’s strong performance continues to build on previous successes. " "

Balance Sheet Stability

Stable (Total assets: $8,745.0M; Total equity: $3,310.5M)

The balance sheet remains solid with stable total assets and equity figures, underlining a strong financial foundation that has carried forward from previous periods and supports ongoing strategic investments and operational stability. "