-
EU chief backs Made-in-Europe push for 'strategic' sectors
-
Brain training reduces dementia risk, study says
-
Machado ally 'kidnapped' after calling for Venezuela elections
-
Epstein affair triggers crisis of trust in Norway
-
AI chatbots give bad health advice, research finds
-
Iran steps up arrests while remaining positive on US talks
-
Frank issues rallying cry for 'desperate' Tottenham
-
South Africa pile up 213-4 against Canada in T20 World Cup
-
Brazil seeks to restore block of Rumble video app
-
Gu's hopes of Olympic triple gold dashed, Vonn still in hospital
-
Pressure mounts on UK's Starmer as Scottish Labour leader urges him to quit
-
Macron backs ripping up vines as French wine sales dive
-
Olympic freeski star Eileen Gu 'carrying weight of two countries'
-
Bank of France governor Francois Villeroy de Galhau to step down in June
-
Tokyo stocks strike record high after Japanese premier wins vote
-
'I need to improve', says Haaland after barren spell
-
Italian suspect questioned over Sarajevo 'weekend snipers' killings: reports
-
Von Allmen at the double as Nef seals Olympic team combined gold
-
Newlyweds, but rivals, as Olympic duo pursue skeleton dreams
-
Carrick sees 'a lot more to do' to earn Man Utd job
-
Olympic star Chloe Kim calls for 'compassion' after Trump attack on US teammate
-
US vice president visits Armenia, Azerbaijan to 'advance' peace
-
'All the pressure' on Pakistan as USA out to inflict another T20 shock
-
Starmer vows to remain as UK PM amid Epstein fallout
-
Gremaud ends Gu's Olympic treble bid with freeski slopestyle gold
-
Howe would 'step aside' if right for Newcastle
-
Sakamoto wants 'no regrets' as gold beckons in Olympic finale
-
What next for Vonn after painful end of Olympic dream?
-
Brain training reduces dementia risk by 25%, study finds
-
Gremaud ends Gu's hopes of Olympic treble in freeski slopestyle
-
Shiffrin and Johnson paired in Winter Olympics team combined
-
UK's Starmer scrambles to limit Epstein fallout as aides quit
-
US skater Malinin 'full of confidence' after first Olympic gold
-
Sydney police pepper spray protesters during rallies against Israeli president's visit
-
Tokyo stocks hit record high after Japanese premier wins vote
-
Israel says killed four militants exiting Gaza tunnel
-
Franzoni sets pace in Olympic team combined
-
Captain's injury agony mars 'emotional' Italy debut at T20 World Cup
-
Family matters: Thaksin's party down, maybe not out
-
African players in Europe: Ouattara fires another winner for Bees
-
Pressure grows on UK's Starmer over Epstein fallout
-
Music world mourns Ghana's Ebo Taylor, founding father of highlife
-
HK mogul's ex-workers 'broke down in tears' as they watched sentencing
-
JD Vance set for Armenia, Azerbaijan trip
-
Sydney police deploy pepper spray as Israeli president's visit sparks protests
-
EU warns Meta it must open up WhatsApp to rival AI chatbots
-
Scotland spoil Italy's T20 World Cup debut with big win
-
Stocks track Wall St rally as Tokyo hits record on Takaichi win
-
Israeli president says 'we will overcome evil' at Bondi Beach
-
Munsey leads Scotland to 207-4 against Italy at T20 World Cup
| SCS | 0.12% | 16.14 | $ | |
| RBGPF | 0.12% | 82.5 | $ | |
| CMSC | -0.05% | 23.56 | $ | |
| JRI | -1.19% | 12.817 | $ | |
| RYCEF | 2.65% | 17.34 | $ | |
| BCE | 1.72% | 25.52 | $ | |
| RIO | 2.75% | 96.05 | $ | |
| NGG | -0.25% | 87.84 | $ | |
| RELX | -0.48% | 29.24 | $ | |
| BCC | -0.33% | 90.73 | $ | |
| CMSD | -0.08% | 23.93 | $ | |
| VOD | 2.11% | 15.435 | $ | |
| GSK | -2.6% | 58.705 | $ | |
| AZN | -2.19% | 188.9 | $ | |
| BP | 0.5% | 39.207 | $ | |
| BTI | -2.87% | 61.05 | $ |
Nixxy Inc. Reports Q2 2025 Revenue of $13.47 Million from Telecommunications Growth; Advances AI Platform with Strategic IP Acquisitions
Company posts first full quarter at scale in telecom; strengthens technology stack with recent M&A; focuses on disciplined execution and margin expansion.
NEW YORK, NY / ACCESS Newswire / August 14, 2025 / Nixxy Inc. (NASDAQ:NIXX) ("Nixxy" or the "Company"), an AI data infrastructure and intelligent communications company, today announced results for its quarter ended June 30, 2025 ("Q2 2025"). Nixxy delivered $13.47 million in Q2 revenue, a step-change from the prior-year period, reflecting rapid scaling of its AI-enabled telecommunications operations.
Q2 2025 Highlights
Revenue: $13.47 million, primarily from telecommunications services.
Year-to-date revenue: $14.86 million through June 30, 2025.
Technology/IP acceleration: Closed or advanced three IP acquisitions integral to Nixxy's platform, Savitr (Aura CPaaS), Aqua Software (AI systems), and NexGenAI (gen-AI/ML stack).
Integration momentum: Company surpassed a $6.6 million monthly revenue milestone in June 2025 as telecom operations scaled.
The quarter reflects Nixxy's pivot to an AI-driven communications model. On the balance sheet, intangible assets tied to acquired software and licenses increased underscoring the platform buildout. Total assets were $13.25 million and stockholders' equity $6.73 million at quarter-end; cash and cash equivalents were $940,000.
Subsequent Event - On August 12, 2025, Nixxy completed the acquisition of the Edge data center assets of Everythink Innovations Limited (EIL), a telecom and edge infrastructure provider with operations in Fremont, California and Vancouver, Canada. In exchange, Nixxy issued 2,000,000 restricted shares of common stock and agreed to pay an additional $150,000 upon certain conditions, for an aggregate transaction value of $3,650,000. Once integrated into the Company's foundational AI data infrastructure layer, these assets are expected to enhance in-house capacity for AI-enabled communications workloads, improve network resiliency, and support mix optimization and unit economics over time.
"Q2 marks a turning point for Nixxy. We scaled telecom revenue quickly, validating our strategy while upgrading our technology stack with targeted IP acquisitions," said Mike Schmidt, CEO of Nixxy. "Following quarter-end, we expanded our infrastructure footprint with the acquisition of EIL's Edge data center assets in Fremont and Vancouver. Integrating these facilities into our AI Data Infrastructure is expected to enhance capacity, resiliency, and automation across our stack, supporting our goal to convert scale into durable margin expansion in the periods ahead."
Full details are available in Nixxy's Quarterly Report on Form 10-Q for the period ended June 30, 2025.
About Nixxy, Inc. (NASDAQ:NIXX) a technology company at the forefront of AI-powered business services, powering the next generation of intelligent services across telecom, healthcare, and enterprise markets. Anchored by its proprietary AI Infrastructure platform, Nixxy provides scalable, secure, and LLM-agnostic infrastructure for deploying private AI at scale. From global voice and messaging to AI-enhanced diagnostics, Nixxy delivers solutions where infrastructure, intelligence, and monetizable data converge. With a strategy focused on platform extensibility, data monetization, and data access models, Nixxy is building the foundation for the future of enterprise AI deployment and private data economy.
Filings and press releases can be found at http://www.nixxy.com/investor-relations.
Contact Information
Investor Contact: Nixxy, Inc.
Investor Relations Email: [email protected]
Phone: (877) 708-8868
Forward-Looking Statements Disclaimer
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including those regarding the Company's business strategy, future operations, acquisition strategy, financial position, potential growth, spin-out transactions, and market opportunities. Words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'plans,' and 'will,' or similar expressions, are intended to identify forward-looking statements. These statements are based on the Company's current expectations and beliefs and involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
No Offer or Solicitation Disclaimer
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Risk Factors
Investors should carefully consider the risks associated with the Company's business and the spin-out transaction described herein, including but not limited to: the uncertainty surrounding the timing of the spin-out; the ability to successfully execute acquisitions and integrate acquired companies; the impact of technological changes on the Company's operations; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including those risk factors contained in the Company's Form 10-K for the year ended December 31, 2024.
SOURCE: Nixxy, Inc.
View the original press release on ACCESS Newswire
M.White--AT