Q1 2025 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Revenue | Increased from $48.68M in Q1 2024 to $60.81M in Q1 2025 (+25%) | Revenue improved significantly due to strong market demand and potential pricing or volume enhancements relative to Q1 2024, reflecting a robust top-line growth compared to the previous period. |
Net Income | Declined from a profit of $16.49M in Q1 2024 to a loss of ($22.65M) in Q1 2025 | Net Income reversed sharply due to escalating costs or operational challenges that outweighed the revenue gains, marking a stark contrast with the prior period’s profitability. |
Operating Income | Deteriorated slightly from ($32.43M) in Q1 2024 to ($34.78M) in Q1 2025 | Operating margins further compressed despite revenue growth, suggesting that increased operating expenses or margin pressures in Q1 2025 negatively impacted operational performance compared to Q1 2024. |
Basic and Diluted EPS | Fell from $0.09 in Q1 2024 to ($0.14) in Q1 2025 | EPS declined drastically as the profit swing to a net loss and increased dilution pressures directly hit earnings per share, underscoring the adverse shift from the previous period’s performance. |
Net Cash Provided by Operating Activities | Turned from positive in Q1 2024 to negative at ($63.20M) in Q1 2025 | Operating cash flow deteriorated sharply, likely due to increased cash outflows such as higher interest payments and working capital needs, marking a significant operational liquidity challenge relative to Q1 2024. |
Cash and Cash Equivalents | Dropped from $282.44M in Q4 2024 to $198.34M in Q1 2025 | Liquidity weakened notably, reflecting the impact of cash used in addressing operational deficiencies and other outflows, even though total assets remained stable at $2.368B, indicating a shift in the cash composition since the previous period. |