22:03:10 EDT Thu 30 Apr 2026
Enter Symbol
or Name
USA
CA



Nowvertical Group Inc
Symbol NOW
Shares Issued 95,438,135
Close 2026-04-30 C$ 0.18
Market Cap C$ 17,178,864
Recent Sedar+ Documents

Nowvertical recurring revenue from client increases

2026-04-30 17:53 ET - News Release

Mr. Sandeep Mendiratta reports

NOWVERTICAL EXPANDS STRATEGIC DATA & ANALYTICS ENGAGEMENT WITH LEADING LATIN AMERICAN TECHNOLOGY, E-COMMERCE AND FINTECH COMPANY THROUGH INCREASED RECURRING REVENUE

Nowvertical Group Inc. has expanded its engagement with a leading Latin American technology company through an increase in monthly recurring revenue.

The client is a regional leader in e-commerce, digital payments and logistics, operating across 18 countries, and is focused on leveraging data, analytics and artificial intelligence to support its integrated digital platform.

The relationship began in July, 2021, as a $7,000 engagement and has since scaled significantly through an expanded scope of services. As of the end of first quarter 2026, monthly recurring revenue associated with this engagement was approximately $94,000 (U.S.), and, throughout the relationship, the contract has continued to deliver in line with the company's corporate-level gross margin targets.

"Many enterprise relationships begin with a focused engagement and expand as organizations look to operationalize data and analytics across their platforms, and our start small and scale strategy fits this," said Sandeep Mendiratta, chief executive officer of Nowvertical. "In this case, our continued work on data and AI initiatives has led to sustained expansion of the engagement, reflecting the role of Nowvertical as on ongoing partner for enterprises."

Nowvertical currently provides specialized data and analytic services focusing on customer and finance data supporting the client's data platform and decision intelligence initiatives. The engagement includes work across data engineering, data analysis and data visualization, enabling the client to process and analyze large volumes of operational and transactional data.

The company's work supports the client's broader strategy of integrating its marketplace, financial services and logistics operations into a unified digital ecosystem, with customer and finance data playing a central role in supporting decision making and operational efficiency.

The account operates with gross margin consistent with the company's corporate-level targets, reflecting Nowvertical's delivery model, which combines specialized data expertise with artificial-intelligence-enabled engineering processes.

About Nowvertical Group Inc.

Nowvertical is a global data and analytic company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision making, improve operational efficiency and unlock long-term value from their data using the company's AI-infused first party and third party technologies. Nowvertical is growing organically and through strategic acquisitions.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.