• 10% revenue growth, with international revenue up 31%
• Achieved operating profit of $5k, a significant improvement from prior year
• Appointed new CEO Marek Stepniak to drive further international expansion

Beamtree Holdings Ltd has reported its financial results for the first half of fiscal year 2025, showcasing the company's continued growth and strategic progress. The key highlights include a 10% increase in total revenue, driven by a 31% surge in international revenue, which now accounts for 44% of the company's total revenue. The company also achieved an operating profit of $5k, a marked improvement from the $546k loss reported in the same period last year. This turnaround in profitability is attributed to the company's disciplined cost management and the success of its growth strategy. Beamtree also reported a significant improvement in cash management, achieving break-even operating cash flow compared to a $2.3 million cash outflow in the first half of the prior year. On the management front, the company has appointed Marek Stepniak as the new Chief Executive Officer, effective March 2025. Marek's extensive experience in healthcare enterprise sales, particularly in Beamtree's growth markets, is expected to be invaluable as the company enters the next phase of its expansion. The outgoing CEO, Tim Kelsey, will remain with the company as a part-time advisor, supporting business development in international markets. Overall, Beamtree's performance in the first half of fiscal year 2025 underscores the success of its growth strategy and positions the company well for the future.

Beamtree remains confident in achieving its target of $60 million in annual recurring revenue by the end of 2026, supported by a strong pipeline of opportunities across all markets and products.

Beamtree is focused on driving further international expansion, particularly in the UK, Canada, and the Middle East, while also continuing to grow its presence in its original markets of Australia and New Zealand. The company is also investing in product innovation to enhance its AI-based decision support and data analytics solutions.