NowVertical Group Inc
XTSX:NOW
NowVertical Group Inc
Nowvertical Group, Inc. is a capital pool company. The company is headquartered in Toronto, California. The company went IPO on 2018-07-17. The firm's segments include NOW Origin, NOW Solutions and All Other. NOW Origin segment provides data analytics software and related services. NOW Solutions segment provides data analytic consulting services. The solution helps in streamlining integrations and leveraging cross-platform selling opportunities and synergies. The company helps to accelerate software sales cycles and improves service margins. Its Vertical Intelligence (VI) software and services solutions are built upon a foundational set of data technologies. The technologies built by the Company include NOW Fusion, NOW Privacy, NOW DataBench, and Affinio. The company also operates government defense contractor providing systems engineering and technical assistance support to the Department of Defense through data analysis and assessment of technologies. The company also has a data clustering platform that creates graphs.
Nowvertical Group, Inc. is a capital pool company. The company is headquartered in Toronto, California. The company went IPO on 2018-07-17. The firm's segments include NOW Origin, NOW Solutions and All Other. NOW Origin segment provides data analytics software and related services. NOW Solutions segment provides data analytic consulting services. The solution helps in streamlining integrations and leveraging cross-platform selling opportunities and synergies. The company helps to accelerate software sales cycles and improves service margins. Its Vertical Intelligence (VI) software and services solutions are built upon a foundational set of data technologies. The technologies built by the Company include NOW Fusion, NOW Privacy, NOW DataBench, and Affinio. The company also operates government defense contractor providing systems engineering and technical assistance support to the Department of Defense through data analysis and assessment of technologies. The company also has a data clustering platform that creates graphs.
Revenue Growth: NowVertical reported Q3 2025 revenue of $9.1 million, returning to sequential growth over Q2 despite a $1 million FX headwind from Argentine peso devaluation.
Strategic Accounts: Revenue from top strategic accounts grew 23% year-over-year to $19 million, now comprising 69–70% of total revenue, up from 45%.
Margins: Q3 gross margin reached 51%, above the 50% target. EBITDA margin hit 20%, described as best-in-class.
Google Partnership: Revenue from Google Cloud partnerships grew 42% year-over-year, now representing 14% of total revenue and $3.9 million year-to-date.
Integration Success: Integration-driven revenue rose 82% year-over-year to 12% of total revenue, surpassing the 10% target.
Balance Sheet Improvement: Short-term liabilities were reduced by $4.7 million, and convertible debentures were fully paid off, clearing over $8.9 million in debt obligations in 2025 and lowering future obligations by 69%.
Positive Outlook: Management expressed confidence in a strong 2026 pipeline, with no plans for dilution and expectations for sustained free cash flow next year.
