Cloudastructure Inc., a cloud-based video surveillance platform, reported a 212% year-over-year increase in revenue for the first quarter ending March 31, 2025. The company achieved a positive gross profit of $0.3 million, a notable improvement from a nominal gross loss of $17 thousand in the same quarter of the previous year. However, the net loss widened to $2.5 million from a net loss of $1.7 million in the first quarter of 2024. The increase in net loss is attributed to higher operating expenses due to expanded headcount, employee bonuses compensating for 2024 salary reductions, and marketing efforts. The company marked its largest contract win in history and expanded its presence across luxury and affordable multifamily markets. Key drivers for Cloudastructure's growth included rising suburban crime rates, increased demand for proactive on-site security, and heightened interest from institutional real estate owners in scalable, cloud-based solutions. The company also benefited from a 30% reduction in hosting and data center bandwidth costs after transitioning to a renewable-powered infrastructure. Cloudastructure aims to continue capitalizing on the demand for AI-powered security solutions and enhance its operational efficiency and shareholder value.
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