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N NowVertical NowVertical Group Reports Second Quarter 2026 Financial Results Company Hosting Investor Webinar on Tuesday , August 18 , 2026 , at 11:00 AM ET TORONTO , Aug. 18 , 2026 -- NowVertical Group Inc. ( TSX - V : NOW ) ( " NOW " or the " Company " ) , a leader in Al - driven data solutions , announces financial results for its second fiscal quarter ended June 30 , 2026. Unless otherwise specified , all dollar amounts are expressed in U.S. dollars . Management will host an investor webinar at 11:00 AM ET ( 8:00 AM PT ) on Tuesday , August 18 , 2026 , to discuss the Company's financial and business results . " Our global team stayed focused this quarter on delivering high - quality outcomes for our clients , and it shows in our results . Revenue grew 18 % year over year in Q2 , and gross margin improved to 50 % in the three months ended June 30 , 2026. That performance is a testament to our team and partners , " said Andre Garber , Interim Chief Executive Officer of the Company . " Beginning this quarter , we are also reporting a defined set of client KPIs so shareholders can track our progress every quarter . " Selected Financial Highlights for the Three Months ended June 30 , 2026 : • Revenue was $ 9.7 million in the three months ended June 30 , 2026 ( " Q2 2026 " ) , an 18 % increase from $ 8.2 million for the three months ended June 30 , 2025 ( " Q2 2025 " ) , due to the significant hyperinflation and currency devaluation experienced in Argentina in Q2 2025 , which negatively impacted prior - year revenue , as well as lower reseller revenue in Brazil in the prior - year period . • Gross Profit was $ 4.8 million in Q2 2026 , a 26 % increase from $ 3.8 million in Q2 2025 , primarily driven by the same factors contributing to the increase in revenue discussed above . Gross profit margin increased to 50 % in Q2 2026 from 47 % in Q2 2025 . • Administrative Expenses were $ 4.0 million in Q2 2026 , a 24 % increase from $ 3.2 million in Q2 2025 , primarily due to approximately $ 0.5 million of recurring increases in compensation and benefits , professional fees and share - based compensation , and approximately $ 0.3 million of non - recurring severance , legal , business development and recruitment costs . • Income from Operations was $ 0.8 million in Q2 2026 , a 34 % increase from $ 0.6 million in Q2 2025 , mainly due to higher revenue and gross profit , including the prior - year impact of the Argentine peso devaluation , partially offset by higher administrative expenses . • Adjusted EBITDA was $ 1.5 million and 15 % of revenue in Q2 2026 , a 41 % increase from $ 1.0 million and 13 % of revenue in Q2 2025. Adjusted EBITDA and Adjusted EBITDA as a percentage of Revenue ( " EBITDA % " ) are non - IFRS financial measures , see " Non - IFRS Measures " below . Q2 2026 and Subsequent Business Highlights : • June 11 , 2026 : The Company appointed Andre Garber as Interim CEO of the Company . ⚫ June 8 , 2026 : The Company secured USD $ 1.2m Al - Accelerated Data Modernization Mandate with a Global Media and Telecoms Group . Q2 2026 Financial Results Investor Webinar : The Company invites shareholders , analysts , investors , media representatives , and other stakeholders to attend our upcoming webinar . Management will discuss Q2 2026 results , followed by a question - and - answer session . Investor Webinar Registration : Time : Tuesday , August 18 , 2026 , 11:00 AM in Eastern Time ( US and Canada ) Registration Link : https://us02web.zoom.us/webinar/register/WN YeKqo JaRMenUtZypfF3TA A recording of the webinar and supporting materials will be made available in the investor's section of the Company's website at https://www.nowvertical.com/news-and-media . Additional Information : The Company's condensed consolidated interim financial statements and notes thereto , and management's discussion and analysis for the three months ended June 30 , 2026 , are available on the Company's SEDAR + profile at www.sedarplus.com . Unless otherwise indicated , all references to " $ " in this press release refer to US dollars . About NowVertical Group Inc. The Company is a data analytics and Al solutions company offering comprehensive solutions , software and services . As a global provider , we deliver cutting - edge data , technology , and artificial intelligence ( AI ) applications to private and public enterprises . Our solutions form the bedrock of modern enterprises , converting data investments into business solutions . NOW