Tracxn Technologies Reports Wider Net Loss and Lower EBITDA Margin in Q2 Results

Tracxn Technologies , a provider of private market intelligence, has released its financial results for the first half of fiscal year 2026 and the second quarter, revealing a mixed performance as the company continues to implement strategic growth initiatives.

Revenue Growth and Profitability

For the six months ended September 30, 2025, Tracxn Technologies reported:

Metric	H1 FY26	H1 FY25	YoY Change
Revenue from Operations	₹42.45	₹41.93	+1.2%
EBITDA	₹(0.78)	₹1.20	-
PAT (excluding deferred tax adjustments)	₹1.58	₹2.97	-46.8%

The company's revenue from operations saw a modest increase of 1.2% year-over-year. However, EBITDA turned negative at ₹(0.78) crore compared to a positive ₹1.20 crore in the same period last year. Profit After Tax (PAT), excluding deferred tax adjustments, decreased by 46.8% to ₹1.58 crore.

In the second quarter, Tracxn Technologies reported:

Net loss of ₹55.6 million, compared to a loss of ₹46.5 million in the same period last year
Revenue declined slightly to ₹212.4 million from ₹214 million year-over-year
EBITDA dropped to ₹6.6 million from ₹23 million
EBITDA margin compressed to 3.10% from 10.71% in the previous year

Customer Growth and Market Expansion

Tracxn Technologies reported significant growth in its customer base:

Customer accounts increased by 41% year-over-year to 2,143
User base expanded by 44% compared to the previous year

The company has been particularly successful in the Indian market, with the number of Indian accounts growing by 50% year-over-year in Q2 FY26, accompanied by a 16% increase in revenue from India.

Strategic Initiatives

Tracxn Technologies highlighted several strategic initiatives aimed at driving growth:

Expansion of datasets, particularly in revenue and financial data of private companies
Partnership with TMX Datalinx to increase distribution in North America
Enhancement of the Tracxn Lite platform, resulting in a 1.5x increase in organic sign-ups
Specialization of sales teams for various customer segments
Increased coverage of regulatory data across multiple countries
Implementation of AI in data production, leading to expanded coverage and improved efficiency

Balance Sheet and Cash Position

As of September 30, 2025, Tracxn Technologies reported:

Cash and cash equivalents of ₹90.8 crore, an increase of 7% year-over-year
Completion of a share buyback program, with 1,066,666 equity shares repurchased at ₹75 per share

Outlook

While facing short-term profitability challenges, as evidenced by the wider net loss and lower EBITDA margin in Q2, Tracxn Technologies remains focused on expanding its market presence and enhancing its product offerings. The company's investments in data expansion, international partnerships, and AI-driven efficiencies are expected to drive future growth and improve its competitive position in the global private market intelligence sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.39%	-1.24%	-11.89%	-26.53%	-38.25%	-50.42%

Tracxn Technologies Limited (NSE: TRACXN) has announced a strategic partnership with TMX Datalinx, the information services division of TMX Group, to become their exclusive Canadian provider of private market intelligence to financial institutions. This collaboration marks a significant step in enhancing access to comprehensive global private market data for institutional investors.

Key Partnership Details

Agreement Type: Strategic partnership
Tracxn's Role: Exclusive Canadian provider of private market intelligence
Target Audience: Financial institutions in TMX Datalinx's network
Data Coverage: Startups, companies, emerging sectors, private company financial performance, and transactions

Tracxn's Capabilities

Tracxn leverages an AI-powered and human-in-the-loop approach to aggregate and structure data across private markets. Here's a breakdown of their offerings:

Feature	Description
Sector Coverage	Over 2,000 emerging sectors
Company Coverage	More than 5 million companies
Legal Entity Coverage	60 million legal entities
Geographical Reach	20+ countries
Client Base	2,000+ organizations across 50+ countries
Target Clients	Venture capital funds, private equity firms, corporate strategy teams, investment banks

Impact on Institutional Investors

This partnership aims to provide institutional investors with:

Access to comprehensive data on global private markets
Insights on startups, companies, and emerging sectors
Information on private company financial performance
Data on transactions in the private market space

Executive Insights

Neha Singh, CEO and Managing Director of Tracxn, emphasized the company's mission to organize and make accessible the world's private market data for decision-makers. She expressed pride in collaborating with TMX Datalinx to empower institutional investors with trusted, comprehensive private market data and insights.

Michelle Tran, President of TMX Datalinx, highlighted the strategic importance of this partnership, stating, "By combining their best-in-class private market data with our deep public market expertise, we are able to offer clients a seamless, comprehensive view of the investment landscape."

About Tracxn

Tracxn, a publicly listed entity on the National Stock Exchange of India (NSE: TRACXN), has established itself as a leading private market intelligence platform. Backed by investors like Accel and Elevation Capital, Tracxn serves a diverse clientele, including some of the world's leading venture capital and private equity funds, investment banks, and Fortune 500 corporations.

This strategic alliance between Tracxn Technologies and TMX Datalinx represents a significant development in the financial data services sector, potentially reshaping how institutional investors access and utilize private market intelligence in Canada and beyond.