Core AI Holdings reports 59% revenue increase to $55.2 million

Core AI Holdings Inc. (NASDAQ: CHAI) reported revenue from continuing operations of $55.2 million for fiscal year 2025, representing a 58.6% increase from $34.8 million in 2024, according to a company statement.

The company posted a gross loss from continuing operations of approximately $302,662, which it attributed to restructuring activities, transition-related costs, and operational realignment as it focuses on AI infrastructure and technology opportunities.

Core AI divested its Siyata PTT business during 2025, with discontinued operations generating $3.0 million in revenue from October through December and $878,000 in gross profit during the transition period. The company reported a net loss of approximately $24.4 million from discontinued operations, primarily due to transaction-related charges, restructuring expenses, financing costs, and inventory impairment.

"Our 2025 fiscal year represented a foundational transition for Core AI," said Chief Executive Officer Aitan Zacharin. "We significantly expanded revenue, streamlined our strategic focus, and positioned the Company to pursue opportunities at the intersection of AI infrastructure and next-generation digital platforms."

The company increased general and administrative investments as it scaled operations and expanded strategic growth initiatives. Management noted that 2025 results included substantial non-cash and non-recurring items related to the discontinued operations and strategic repositioning efforts.

Core AI filed its Annual Report on Form 20-F for fiscal year 2025 with the Securities and Exchange Commission on May 15, 2026. The company describes itself as focused on AI-driven businesses and operates an AI-driven mobile game development and publishing business through its subsidiary Core Gaming.

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