Business
Nixxy, Inc. Announces Acquisition of Leadnova.ai Platform Assets from NexGenAI and Reports $5.2 Million in May Revenue
NEW YORK, NY / ACCESS Newswire / June 4, 2025 /Nixxy, Inc. (NASDAQ:NIXX) ("Nixxy" or the "Company"), an AI-powered data and communications infrastructure company, today announced the successful acquisition of the Leadnova.ai platform assets from the ...
About this update from Nixxy, Inc.
[{"type":"text","content":"NEW YORK, NY / ACCESS Newswire / June 4, 2025 / Nixxy, Inc. (NASDAQ:NIXX) ("Nixxy" or the "Company"), an AI-powered data and communications infrastructure company, today announced the successful acquisition of the Leadnova.ai platform assets from the NexGenAI suite of companies. Nixxy also reported that it generated approximately $5.2 million in unaudited gross revenue for the month of May 2025 up from approximately $1.4 million in April 2025.","length":467,"tagName":"p"},{"type":"text","content":"Leadnova.ai Platform Asset AcquisitionLeadnova.ai is a SaaS-based solution designed to support business development through data delivery, sales enablement, outreach automation, and engagement analytics. As part of the asset acquisition, Nixxy will take ownership of the Leadnova.ai domain, front-end and back-end software, automation engines, structured data repositories, and API infrastructure.","length":398,"tagName":"p"},{"type":"text","content":"The integration of Leadnova.ai into Nixxy's AuralinkAI platform is expected to accelerate Nixxy's AI-enhanced telecom strategy and enable more intelligent, performance-driven enterprise communication services.","length":217,"tagName":"p"},{"type":"text","content":""Our strategy is focused on combining infrastructure with automation and AI," said Mike Schmidt, CEO of Nixxy. "Leadnova.ai adds powerful capabilities that align perfectly with our vision to deliver smarter, higher-margin communications services at scale."","length":276,"tagName":"p"},{"type":"text","content":"May Revenue Performance and Telecom Growth TrajectoryNixxy generated gross revenues (unaudited) of approximately $5.2 million in May 2025, representing continued traction in its growth and expansion strategy. With additional customer agreements and infrastructure now coming online, Nixxy continues to target a $10 million monthly revenue run rate by August 2025, contingent on continued execution and successful onboarding of new partners.","length":441,"tagName":"p"},{"type":"text","content":""We're pleased with the early momentum and the diversity of revenue sources starting to emerge," added Schmidt. "We expect ongoing growth across voice, messaging, and enterprise automation as we scale our network and integrate our AI capabilities."","length":272,"tagNa...