Initiatives to maximize future growth of the Mitel business line are focused on Mitel Performance Analytics (MPA) product development, which includes integrating Mitel artificial intelligence (AI) capabilities and expanding Mitel platform support. This business line continues to provide a stable source of recurring revenue.
Amendment to the loan agreement with Wesley Clover International extended the maturity date by two years and replaced the interest rate of US Prime plus 8.75% with a fixed rate of 12%.
Management believes there is a growth opportunity in advancing innovation initiatives that leverage Martello's technology and expertise in service assurance to participate in the rapidly developing market for AI management and assurance solutions.
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OTTAWA, ON, Nov. 13, 2025 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV:MTLO), a provider of experience monitoring solutions for communication and collaboration systems such as Microsoft Teams and Mitel, today released financial results for the three and six months ended September 30, 2025. Martello's software proactively detects performance issues before they impact users of these services.
"Martello's operational restructuring is focused on creating the foundation for sustainable growth in the future", said Jim Clark, Chief Executive Officer of Martello. "We remain committed to strengthening the MPA value proposition and extending the use of our legacy products. At the same time, we are advancing innovation initiatives that apply Martello's expertise in service performance management to the emerging AI management and assurance market."
Terence Matthews, Chairman of Martello highlights the opportunity for Martello in the Mitel business line with MPA (Mitel Performance Analytics): "The longstanding partnership between Mitel and Martello continues with advanced MPA features that empower partners to be more efficient, proactive, and productive in their support of Mitel customers worldwide. I'm pleased that this has included the integration of MPA with Mitel's AI capabilities, and I look forward to more AI-driven innovation within the Martello product programs, all good for our future."
Q2 FY26 Financial Highlights
Financial Highlights
September 30,
September 30,
September 30,
September 30,
(in 000's)
2025
2024
2025
2024
(Three months ended)
(Six months ended)
Sales
$
2,999
3,640
6,087
7,437
Cost of Goods Sold
466
509
927
1,005
Gross Margin
