Nixxy (NASDAQ:NIXX) has reported its financial results for fiscal year 2025, marking the successful conclusion of a multi-year strategic transformation.
The company achieved $98 million in revenue for the year, reflecting its new operational focus as a specialized telecommunications and transaction infrastructure platform.
This pivot follows a sustained effort to move away from its historical service lines toward high-growth technology and infrastructure-as-a-service (IaaS) markets.
The company’s bottom line showed significant improvement as it optimized its new business model.
Nixxy reported a net loss of $15 million for fiscal 2025, a marked reduction compared to the $22.6 million loss recorded in 2024.
On an adjusted EBITDA basis, the loss narrowed to approximately $5.6 million.
These improvements were driven by the streamlining of corporate overhead and the integration of higher-margin transaction processing and telecom services.
A critical milestone in this transformation occurred on December 30, 2025, with the final divestiture of Nixxy’s legacy recruiting business.