Trade Window Holdings Limited Analysis

Overview

TradeWindow is a software company serving organisations working on the front line of global trade. TradeWindow provides digital solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase connectivity, and enhance visibility.

Performance

The following information was extracted from Trade Window Holdings Limited's full year results, released 29 May 2025

TradeWindow eyes continued growth as FY25 revenue rises 30%

TradeWindow (NZX: TWL), a global trade software company, today announces that successful execution of its strategy lifted revenue for the year to the end of March 2025 by 30% to a record $8.0 million and cleared its path to financial sustainability.

TradeWindow also announces that it has resources on hand to achieve EBITDA breakeven for FY26 supported by the operational efficiencies achieved during the year and the previously- flagged expectation that revenue for FY26 will range between $10.0 million and $11.0 million, representing growth of 25.0% to 37.5%.

FY 25 Highlights1

-Trading revenue rises 30% to $8.0 million from $6.2 million

• Annual Recurring Revenue (ARR) $8.7 million, up 38% from $6.3 million
• Average Revenue Per Customer (ARPC) - shippers up 21% vs FY24 to $2,066 per month; freight forwarders up 43% vs FY24 to $914 per month
• Gross margin of 61%, up 7 percentage points driven by a focus on continuous improvement in the sales and onboarding processes
• Total operating expenses down 28% to $9.6 million from $13.4 million; no research and development capitalised
• EBITDA2 loss down 77% to $1.5 million from $6.6 million
• Net loss after tax falls 56% to $3.5 million from $8.0 million
• Cash and cash equivalents of $0.4 million providing sufficient capital to maintain current business operations