Jeffrey Robertson

Adam Farley

Josh Jayne

Nathan Jones

Blake McLean

Charles Minervino

- NowVertical Group Inc. announced that a UK-based Strategic Account, secured in Q2 2025, achieved **over US $1 million in contracted revenue** within six months, representing the fastest scale-up in the Strategic Account Program's history.  **[1599617_8796af8cf3d442f2b4134eadec4d27e4_0]** **[1599617_8796af8cf3d442f2b4134eadec4d27e4_1]** 
- The Strategic Account Program has generated **US $37.3 million in revenue** over the past 18 months.  **[1599617_8796af8cf3d442f2b4134eadec4d27e4_0]** 
- In 2024, **8 separate Strategic Accounts delivered greater than US $1 million in revenue**, an increase from 3 in 2023.  **[1599617_8796af8cf3d442f2b4134eadec4d27e4_0]** 
- The Strategic Account Program now contributes **70% of H1 total revenue**, up from less than 45% before the program's launch.  **[1599617_8796af8cf3d442f2b4134eadec4d27e4_0]**

NowVertical Group Reports Rapid Growth in Strategic Account Program

- NowVertical Group Inc. reported **Q2 2025 revenue of $8.2 million**, a **13% decrease** from Q2 2024, while **H1 2025 revenue increased 4%** to **$18.6 million**.  **[1599617_ac1e2f276f4a4661ad39e90db84bfbb3_0]** 
- Despite the Q2 revenue decline, **Income from Operations increased 41%** to **$0.6 million** in Q2 2025 and **622%** to **$2.1 million** in H1 2025.  **[1599617_ac1e2f276f4a4661ad39e90db84bfbb3_0]** 
- **Adjusted EBITDA** for Q2 2025 was **$1.0 million**, a **29% decrease**, but for H1 2025, it **increased 36%** to **$3.6 million**.  **[1599617_ac1e2f276f4a4661ad39e90db84bfbb3_0]** 
- The company noted that **strategic accounts grew 44%** year-over-year, now representing over **70% of H1 2025 revenue**, despite Q2's revenue dip due to restructuring and deferred deals.  **[1599617_ac1e2f276f4a4661ad39e90db84bfbb3_1]** 
- NowVertical secured up to **$26 million USD in financing with HSBC** on May 30, 2025, to fuel growth.  **[1599617_ac1e2f276f4a4661ad39e90db84bfbb3_1]**

DNOW (DNOW)