Profitability:
Full‑year 2025 profitability at the group level and 2024 profitability on the core platform indicate improving operating leverage and financial stability. These milestones are explicitly cited alongside continued scale in the business.
Strong Revenue Growth:
ARR increased from $177M in 2024 to about $218M in 2025 (~23% YoY), alongside Mirakl‑powered GMV rising ~31% to ~$14.6–15B. This combination points to reacceleration in 2025 after a more modest 2024.
Product Line Growth:
The Adspert acquisition (Dec 2024) and momentum in Mirakl Ads and Mirakl Connect, plus the launch of Mirakl Nexus, broaden monetization beyond the core marketplace engine. These additions create adjacent revenue levers in retail media and AI.
