Q1 2025 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue | -11.7% | The decline from $2.57 million in Q1 2024 to $2.27 million in Q1 2025 is mainly driven by reduced interest income and lower origination fees, which reflect a contraction in loan activity compared to the previous period. |
Interest Income from Loans | -14.4% | Interest income dropped from $2.14 million in Q1 2024 to $1.83 million in Q1 2025, mainly due to a reduction in loans receivable and softer lending terms; the stronger base in Q1 2024 contributed to higher income that was not sustained in Q1 2025. |
Net Income | -7.0% | Net income decreased from $1.48 million in Q1 2024 to $1.37 million in Q1 2025, largely as a result of the lower interest income, despite partial offsets from reduced expenses; the previous period’s higher revenue base helped drive better profitability. |
Operating Cash Flow | -5.8% | The decline from $1.25 million in Q1 2024 to $1.18 million in Q1 2025 is attributable to increased receivables from interest and other fees and a reduction in adjustments from deferred origination fees, in contrast to more favorable working capital conditions in the prior period. |
Stockholders’ Equity & Balance Sheet | Stable | With Q1 2025 total stockholders’ equity at $43.33 million and combined liabilities and equity at $65.79 million, the capital structure remains stable, largely supported by continued net income generation and modest reductions in liabilities from the previous period’s trends. |