Bazaarvoice reports 58% YoY revenue growth in FY22.

• $1 billion software and services company. • 77 years serving automotive retailers. • 5,000 associates/65,000 years retailing experience. • #1 market share and customer satisfaction. • Broadest portfolio of integrated solutions. • Recurring revenue model with attractive margins. • Strong cash flow and solid balance sheet.

Singapore's SIA Engineering Company (SIA Engineering) has signed a significant $1.3 billion services agreement with Singapore Airlines (SIA) and its unit Scoot. The two-year deal, effective immediately, will replace the previous agreement signed in April 2023. SIA Engineering will provide comprehensive maintenance and repair services, as well as management support, for the fleets of both airlines.

The agreement, valued at S$1.8 million (approximately $1.3 billion USD), underscores SIA Engineering's commitment to maintaining high standards of service and reliability for its clients. The company will support the fleets of SIA and Scoot, covering a wide range of services that are crucial for ensuring safe and efficient operations.

This deal is a testament to the strong relationship between SIA Engineering and Singapore Airlines, both of which have been instrumental in shaping the aviation industry in the region. The agreement highlights SIA Engineering's expertise and capabilities in providing comprehensive aircraft maintenance and support services.

CXApp Inc. Reports Strong Q1 2025 Performance

In a separate development, CXApp Inc. (CXAI) reported strong performance in Q1 2025. The company, which specializes in workplace technology solutions, saw a significant increase in its annual recurring revenue (ARR) and subscription revenue. The company's CEO, Khurram Sheikh, highlighted the accelerated adoption of the CXAI platform, noting its position as a leading technology solution transforming workplaces.

CXApp reported that gross margin improved to 88% from 82% in the previous year, reflecting the company's cost discipline and operational efficiency. The company also announced three large Fortune 500 expansion renewals, the global rollout of its VU analytics platform, and the initial deployment of the Sky Kiosk with a major technology client. These developments underscore CXApp's commitment to innovation and growth in the workplace technology sector.

Despite a short-term decline in revenue due to timing shifts in client renewals, CXApp's management expressed confidence in the long-term opportunity and resilience of the business model. The company ended the quarter with a cash balance of $3.98 million and subsequently drew $4 million from a new $20 million convertible note, providing at least 18 months of liquidity at current operating rates.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3RS0TV:0-singapore-s-sia-engineering-signs-1-billion-services-deal-with-singapore-airlines/
[2] https://seekingalpha.com/news/4450756-cxapp-targets-platform-expansion-and-99-percent-recurring-revenue-as-agentic-ai-adoption