Dafinchi AI

STEM

Technology

Cash operating expenses were reduced by nearly 40% year-over-year to $18 million, excluding $6 million in one-time reduction in force expenses.
GAAP gross margin was 33%, and non-GAAP gross margin reached a record 49%.
Operating cash flow was negative $21 million due to working capital outflows and one-time payments.
Positive adjusted EBITDA of $4 million was achieved, a $15 million year-over-year improvement.
Solar software revenue grew 20% year-over-year; storage software and managed services revenue grew 53% year-over-year.
Total ARR grew 3% sequentially and 22% year-over-year to $59 million.
Total revenue for Q2 2025 was $38.4 million, up 13% year-over-year.

GOGO

Technology

Adjusted EBITDA was $61.7 million with a margin of 27.3%, exceeding initial long-term expectations.
Equipment revenue rose 59% year-over-year to $32.1 million, driven by record AVANCE equipment shipments.
Free cash flow was $34 million for the quarter, totaling $64 million for the first half of 2025.
Gogo's Q2 2025 total revenue was $226 million, up 1% year-over-year and down 2% sequentially.
Net income for the quarter was $12.8 million with diluted EPS of $0.09.
Total ATG aircraft online declined 4% year-over-year and 2.5% sequentially, but AVANCE AOL grew nearly 14% year-over-year.
Total service revenue increased 137% year-over-year to $194 million but declined 2% sequentially.

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