Innodata Inc. has reported a significant increase in its financial performance for the second quarter ending June 30, 2025. The company achieved a revenue of $58.4 million, marking a 79% year-over-year organic revenue growth. Adjusted EBITDA rose sharply to $13.2 million from $2.8 million in the same period last year, reflecting a robust increase of $10.4 million. Net income reached $7.2 million, translating to $0.23 per basic share and $0.20 per diluted share, compared to a minimal net loss in the previous year. The company's cash, cash equivalents, and short-term investments amounted to $59.8 million as of June 30, 2025. Innodata has increased its full-year revenue guidance, projecting a 45% or more organic revenue growth for 2025, an upward revision from the previous 40% forecast. The company highlighted strong demand and significant new deal wins as factors contributing to this optimistic outlook. Furthermore, Innodata has been recognized in the industry, earning a place on Wedbush's "The AI Revolution Theme; 30 Names to Play in the 4th Industrial Revolution" list and receiving several prestigious awards, including the Asia Best Employer Brand Award and Golden Globe Tigers Awards for AI Transformation Leadership and Innovation Excellence.
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