Amaze Holdings Reports 1,134% Revenue Growth Following Acquisition of Amaze Software

Amaze Holdings, Inc. reported significant financial changes in its latest quarterly filing, reflecting a strategic pivot following its acquisition of Amaze Software, Inc. on March 7, 2025. For the three months ending June 30, 2025, the company generated revenues of $869,884, a substantial increase of 1,134% compared to $70,484 in the same period last year. The six-month revenue figures also showed a notable rise, reaching $930,098, up 431% from $175,052 in the prior year. The gross income for the quarter was $787,512, a stark contrast to a gross loss of $43,676 in the previous year, indicating improved operational efficiency.

The acquisition has led to a significant transformation in Amaze's business model, now focusing on a creator-driven e-commerce platform. This shift is evident in the revenue breakdown, where e-commerce sales accounted for 82.26% of total revenue in the latest quarter, compared to virtually no contribution in the previous year. The company has also reported a working capital deficit of approximately $27 million as of June 30, 2025, with total current liabilities amounting to $28.3 million against current assets of $1.3 million.

Operationally, Amaze has expanded its customer base and product offerings, with the e-commerce segment designed to support creators in monetizing their content. The company reported a Gross Merchandise Value (GMV) of $3.8 million for the quarter, reflecting the volume of orders facilitated through its platform. The total employee headcount has also increased as the company integrates the operations of Amaze Software, although specific figures were not disclosed.

Despite the positive revenue growth, Amaze Holdings continues to face challenges, including a net loss of $5,048,167 for the quarter, compared to a loss of $879,569 in the same period last year. The company attributed the increased losses to higher selling, general, and administrative expenses, which rose to $4.9 million from $834,267 year-over-year, primarily due to costs associated with the acquisition and scaling operations. The company has indicated that it will require additional financing to sustain operations and meet its liquidity needs, raising concerns about its ability to continue as a going concern.

Looking ahead, Amaze Holdings aims to leverage its expanded platform to enhance brand recognition and drive further growth. The company plans to continue refining its product offerings and expanding its geographic reach, with a focus on integrating local suppliers to reduce costs and improve delivery times. However, the need for additional capital raises significant uncertainty regarding its operational sustainability and future profitability.