Q3 2025 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Net Sales | Up approximately 30%: from $6.17650M in Q3 2024 to $8.00962M in Q3 2025 | Increased North America demand drove net sales higher, building on previous period trends where growth in the region had begun to dominate revenue. The sustained improvement reflects both volume growth and product demand that boosted overall sales figures. |
Gross Profit | Up roughly 160%: from $517,449 in Q3 2024 to $1,353,880 in Q3 2025 | Gross profit surged as higher-margin products and improved cost control combined with increased sales volumes in North America enhanced profitability per unit sold. This substantial improvement continues the trend of margin expansion seen in prior periods and reflects better product mix and pricing strategies. |
Operating Income | Widened loss by 26%: from a loss of $1,555,170 in Q3 2024 to a loss of $1,966,550 in Q3 2025 | Despite higher sales and gross profit, operating losses increased due to rising operating expenses such as SG&A and R&D costs that outweighed the margin benefits. This indicates that while the top-line growth was strong, cost controls at the operating level did not keep pace, a challenge that had also begun emerging in previous periods. |
Net Income | Loss improved by nearly 51%: from a loss of $1,310,320 in Q3 2024 to a loss of $637,706 in Q3 2025 | Net income improved significantly as the benefit from higher gross profit and a favorable swing in foreign currency transactions helped offset the higher operating expenses. The reduction in losses reflects a turnaround in underlying operational performance compared to the previous period. |
Foreign Currency Transactions | Reversed from a loss of $366,078 in Q3 2024 to a gain of $40,067 in Q3 2025 | A favorable shift in exchange rates resulted in a swing of approximately $406K, turning a previous period loss into a gain. This change mitigated adverse currency effects that had impacted earlier results, showing improved currency management outcomes. |
Geographic Revenue | North America: $8.007M vs. Asia: $0.003M in Q3 2025 vs. a more balanced mix earlier | Revenue became almost entirely concentrated in North America, with Asia contributing negligibly. This represents a shift from earlier periods where Asia had a more material contribution, likely due to the discontinuation or decline of previously significant revenue streams (e.g., Wi-Fi router sales) in Asia. |