Vertical Data Inc

verticaldata.io

What Do They Do?

Distributes computer systems and related technology equipment, and provides data-center and hosting services to enterprise and data-center customers.

How Do They Make Money?

Enterprise and data-center customers pay for IT equipment by wire in full when it is delivered.

FY2025 revenue

Who Are Their Customers?

Serves direct end users, including enterprises, and customers such as data centers and system integrators. Sales run through direct representatives and online channels, as well as integration partners.

Customers above 10% of revenue, FY2025

of revenue from two customers (94%, 6%)

FY2024: 100% from two customers

Do Revenues Turn Into Profits?

No. It lost $3.8M in FY2025.

Operating income, FY2025

−104% of revenue

▼ Now a loss vs FY2024 ($10.2K, 5%)

Net income, FY2025

−104% of revenue

▼ Now a loss vs FY2024 ($10.2K, 5%)

Free cash flow, FY2025

−40% of revenue

▲ +180% (Loss) vs FY2024 (−$519.9K, −240%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q3 FY2026, the three months to Jun 30, 2026

Revenue
Net income: ▲ +55% (Loss); vs −$798.1K in Q3 FY2025

Aug 21, 2026 Appointed an interim chief financial officer Christopher S. Downs took the interim role while the company seeks a permanent CFO.
Jun 26, 2026 Changed its independent auditor The audit committee dismissed BCRG and appointed Simon & Edward LLP after it acquired BCRG’s attest business.
Jun 1, 2026 Launched a data-center ownership platform Vertical Edge will hold direct equity in data-center assets the company sources, develops, leases and manages.

Who Do They Compete With?

Competes with Supermicro, Hewlett Packard Enterprise, and Dell

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