AirIQ Reports Consistent Revenue Growth for Ninth Consecutive Year

AirIQ Inc., a prominent player in IoT-based asset management, has revealed its financial results for the fiscal year ending March 31, 2025. Notably, the company has recorded its ninth consecutive year of growth in recurring revenue, boasting a 10% increase compared to the previous year. This marks an overall increase of more than 100% over the nine-year period.

President and CEO Mike Robb highlighted the company's strategic investments in sales and marketing, which have begun to yield positive returns. Post year-end, AirIQ's annualized recurring revenue has surpassed the $5.5 million mark.

In addition to revenue growth, the company is actively engaged in a Normal Course Issuer Bid, repurchasing 422,000 common shares for cancellation. AirIQ continues this strategy, with further plans to renew the share repurchase initiative.