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Altex Industries (ALTX) Q2 FY25 earnings results (second quarter fiscal 2025)

10-Q filed May 2, 2025

Altex Industries (ALTX) reported revenue of $4K for the second quarter fiscal 2025 (Q2 FY25), -33% from a year earlier and -20% from the quarter before. Operating margin was -800.0%, net loss $32K (800.0% of revenue).

Revenue$4K
Year over year-33%
Quarter over quarter-20%
Operating margin-800.0%
Net earnings−$32K

Altex Industries, Q2 FY25: revenue $4K (-33% year over year), operating margin -800.0%, net loss $32K, operating cash flow −$21K. The chart follows the revenue to costs, profit and cash.

Q2 FY25AmountQ/QY/Y
Revenue$4K-20%-33%
Operating profit−$32K——
Net earnings−$32K——
Operating cash flow−$21K——

What changed

Revenue was $4K in Q2 FY25, down 33% year over year and down 20% from the previous quarter.

Operating costs exceeded revenue by $32K, an operating margin of -800.0%. Total costs grew 0% against a revenue fall of 33%. The quarter ended with a net loss of $32K, narrower than the previous quarter's $116K loss.

Operating cash flow was −$21K. Non-cash charges added back $1K of depreciation and amortization. Working capital and other items added $10K.

Questions

What was Altex Industries' revenue in the second quarter fiscal 2025?

Altex Industries (ALTX) reported revenue of $4K for the second quarter fiscal 2025 (Q2 FY25), -33% from a year earlier and -20% from the quarter before.

Was Altex Industries profitable in the second quarter fiscal 2025?

Operating loss was $32K (-800.0% of revenue) and net loss $32K.

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Source: Altex Industries 10-Q on SEC EDGAR.