Total Revenue

+17% (from 80,255k USD to 93,920k USD)

Net sales increased by 17% in Q1 FY 2025 compared to Q1 FY 2024, driven by a higher number of sales employees, increased inventory availability, and improved customer demand that built on prior period efforts – highlighting the cumulative benefit of earlier investments in sales growth. " "

Operating Income

+260%+ (from 2,449k USD to 8,843k USD)

The dramatic operating income improvement was due to a 17% rise in net sales and the removal of one-off costs seen in Q1 FY 2024, such as the $3.9 million impairment charge. This absence, combined with better cost control and operating expense management compared to the previous period, greatly enhanced margins. " "

Net Income

+287% (from 1,779k USD to 6,888k USD)

The nearly 287% surge in net income in Q1 FY 2025 can be attributed to higher sales figures and a leaner expense profile, particularly the elimination of significant impairment and legal-related charges that had weighed on Q1 FY 2024 results. " "

Basic Earnings per Share

+293% (from 0.36 USD to 1.41 USD)

EPS surged by roughly 293% as the sizeable increase in net income directly benefited per-share results, given that the weighted average share count remained constant. This underscores the amplified profitability impact on shareholders when one-off expenses are removed, as compared to the prior period. " "

Cash Flow from Operations

+6x increase (from 301k USD to 2,013k USD)

The more than six‐fold improvement in cash flow from operations is linked to enhanced net income and operational efficiencies in Q1 FY 2025, overcoming the lower operational cash generation in the prior period which was affected by significant expense items and working capital strains. " "

Cash and Cash Equivalents

-91% drop (from 6,499k USD to 591k USD)

Despite operational improvements, liquidity fell sharply due to large cash outlays in investing activities such as the increase in marketable securities and other strategic cash reallocations undertaken in Q1 FY 2025, marking a major shift from the higher cash balances at the end of Q1 FY 2024. " "