Pivotree's Q4 2024 Results: A Turnaround Story!

Ladies and gentlemen, buckle up! We've got a turnaround story that's as electrifying as a Tesla on a racetrack. Pivotree Inc. just announced its fourth-quarter 2024 results, and let me tell you, this is a game-changer! The company reported a record adjusted EBITDA of $1.7 million, a staggering $2.5 million improvement over the previous quarter. This is the best performance since Pivotree went public in 2020, and it's all thanks to some serious organizational changes that have turbocharged their operating efficiencies.



Now, you might be thinking, "But wait, their total revenue dropped by 13.3%!" Yes, that's true, but here's the kicker: despite this drop, Pivotree managed to grow its professional services revenue by 0.3%. How did they do it? By focusing on new product information systems' implementations and migrations to new ecommerce platforms. This is a company that's not just surviving; it's thriving in the face of adversity!

Let's break it down:

- Adjusted EBITDA: Up $2.5 million from the previous quarter to $1.7 million. That's a 148% increase, folks! This is the kind of growth that gets you out of bed in the morning.
- Professional Services Revenue: Up 0.3% to $10.4 million. This segment is the lifeblood of Pivotree, and it's showing no signs of slowing down.
- Gross Profit: Down 18.5% to $8.0 million, but that's primarily due to the decline in Legacy Managed Services (LMS) revenues. Don't let that fool you; the core business is strong.
- Net Loss: Reduced to $0.2 million from $1.4 million the previous year. That's a 85% improvement, and it's all thanks to restructuring efforts and foreign exchange impacts.



But here's the real question: What's next for Pivotree? Well, the company is already looking ahead. They've secured extensions of Professional Services projects across multiple platforms, including Shopify, Spryker, and VTEX. They've also achieved their strongest quarter of TCV Bookings in the trailing 24 months, driven primarily by longer-term SKU Build deals. This is a company that's not just thinking about the next quarter; it's thinking about the next decade.

So, what do you do with this information? You buy, buy, buy! Pivotree is a turnaround story that's just getting started. Don't miss out on this opportunity to get in on the ground floor of a company that's poised for explosive growth. This is a no-brainer, folks. Pivotree is the next big thing in frictionless commerce solutions, and you need to own it!

BOO-YAH! This stock's a winner!