Text estimates that at the end of the third quarter of the 2025/26 financial year, the Group's monthly recurring subscription revenue (MRR) amounted to USD 6.98 million.
This result translates to a decrease of 1.7% year-on-year and a decrease of 1.1% compared to the end of the previous quarter.
The reported MRR includes fixed subscription fees and excludes fees based on a pay-per-use model, such as for additional ChatBot interactions, API as a Service, or other services. In the future, MRR will include such payments if they are prepaid.
The estimated value of payments received was USD 21.89 million, representing a 2.1% increase year-on-year. Quarterly payments for API usage (based on the per-usage model and not included in the MRR result) exceeded USD 100,000 for the first time. USD after recording an increase of nearly 60% quarter-on-quarter.