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Text Group's monthly recurring revenue drops slightly to $6.93M after customer acquisition changes.

Company Fundamentals
07 Apr 2026
Seeking Alpha
View Source
Bearish
pluang ai news

Text Group reported a slight decline in monthly recurring revenue (MRR) to $6.93 million by the end of March 2026, down by $50,000 during the quarter. The decrease was mainly due to changes in the customer acquisition process implemented in March, including redirecting leads from chatbot.com to the Text App. While this new approach is generating valuable data and daily improvements, some leads are still being lost. The company sees the smaller decline compared to previous quarters as a positive sign but remains focused on stabilizing and growing its revenue.

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