Aaidebook Holdings Q1 2025 Shareholders Update
The first quarter of 2025 reflects a meaningful shift in the financial health and strategic direction of Aaidebook Holdings. With the CDPA program transition now behind us, we focused on scaling core services and improving the performance of our software division. These efforts resulted in substantial year-over-year growth and a return to profitability.
Disclaimer: This update includes forward-looking statements. Actual results may differ materially due to risks and uncertainties. Please review our full offering documents on StartEngine for more information.
Year-over-Year Financial Highlights
Total revenue increased from $264,956 in Q1 2024 to $916,606 in Q1 2025, a 246% gain
Gross profit improved from a loss of $2,452 to a positive $141,199
Net income swung from a $68,575 loss to a $43,187 profit
Gross margin rose from -0.9% to 15.4%
Operating expenses grew 48%, aligned with revenue and operational scale
This growth was driven by the elimination of lower-margin CDPA activity and the expansion of traditional home care and service contracts. We also saw improvements in administrative controls and cost management as we scaled operations responsibly.
Post-CDPA Focus and Client Engagement
Having completed our exit from the CDPA program, we’ve turned our attention to client and caregiver education. These initiatives aim to deepen relationships and improve service quality in our core home care offerings, while boosting client lifetime value.
Software Growth and Engineering Investment
We are in the process of onboarding three new technical resources to accelerate the OnTime platform roadmap. Priorities this quarter include:
Migrating the front-end from AngularJS to ReactJS
Optimizing the platform to serve not only home care, but all service-based businesses
Refining our onboarding and targeting process to improve software client retention
While early-stage churn remains a challenge, the investments we’re making are designed to better align our product with clients who are ready to scale using the OnTime platform.
Acquisition Update
We terminated a planned acquisition of a Queens-based home care agency after legal due diligence revealed risks that could not be mitigated. This decision, while difficult, was made to protect the company from potential future litigation.
No material financial losses resulted
Our internal due diligence process has been strengthened
Two financial backers have committed to future opportunities
All future acquisitions will be subject to updated legal and compliance standards
Looking Ahead
Continue expanding profitable home care services
Launch marketing campaigns to attract higher-quality software clients
Complete the ReactJS migration and expand software utility
Pursue strategic acquisitions under stricter evaluation protocols
Reinvest cash flow into digital client education and lead generation
While the outlook is promising, we recognize risks remain. These include acquisition execution, market competition, and the onboarding success of new software clients. We will continue adapting to conditions while remaining focused on long-term shareholder value.
