5th Sep 2025 10:48
(Alliance News) - Fadel Partners Inc on Friday said it remained focused on expanding annual recurring revenue via "strong" client retention and a growing pipeline, as loss narrowed.
The New York-based media rights and royalty management software developer said pretax loss narrowed to USD2.8 million in the first half of 2025, from USD4.0 million a year ago.
Revenue fell 11% to USD4.7 million from USD5.3 million.
Total operating expenses came down 25% to USD5.1 million from USD6.8 million.
Adjusted loss before interest, tax, depreciation and amortisation came down 33% to USD2.4 million from USD3.6 million.
Looking ahead, Fadel Partners expects revenue between USD12.0 million and USD12.9 million for 2025, between 0.9% and 8.5% lower than USD13.0 million in 2024.
Further, it is on track to deliver its adjusted Ebitda loss target of between USD1.0 million and USD800,000, down from a loss of USD3.9 million in 2024.
Chief Executive Officer Tarek Fadel said: "Fadel remains focused on expanding annual recurring revenue through strong client retention and a growing pipeline. Pipeline expansion continued during H1‑25, though decision‑making was temporarily delayed by macroeconomic uncertainty and US tariff discussions. Sales velocity is now improving, providing confidence for stronger conversion in the second half of the year."
CEO Tarek Fadel added: "Fadel's disciplined cost base, expanding annual recurring revenue foundation, and growing pipeline position the company to deliver sustainable long‑term growth and continued rapid progress toward profitability."
Fadel Partners shares were flat at 82.50 pence each on Friday morning in London.
By Tom Budszus, Alliance News slot editor
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