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Amesite (AMST) Q2 FY25 earnings results (second quarter fiscal 2025)

10-Q filed Feb 7, 2025

Amesite (AMST) reported revenue of $13K for the second quarter fiscal 2025 (Q2 FY25), -69% from a year earlier and +13% from the quarter before.

Revenue$13K
Year over year-69%
Quarter over quarter+13%
Operating margin—
Net earnings−$1.1M

Amesite, Q2 FY25: revenue $13K (-69% year over year), net loss $1.1M, operating cash flow −$850K. The chart follows the revenue to costs, profit and cash.

Q2 FY25AmountQ/QY/Y
Revenue$13K+13%-69%
Operating profit−$1.1M——
Net earnings−$1.1M——
Operating cash flow−$850K——

What changed

Revenue was $13K in Q2 FY25, down 69% year over year and up 13% from the previous quarter.

Operating costs exceeded revenue by $1.1M, an operating margin of -8862.6%. Total costs grew 15% against a revenue fall of 69%. The fastest-growing cost line was General & admin (+81%). The quarter ended with a net loss of $1.1M, wider than the previous quarter's $908K loss.

Operating cash flow was −$850K. Non-cash charges added back $113K of depreciation and amortization and $41K of share-based compensation. Working capital and other items added $117K.

Questions

What was Amesite's revenue in the second quarter fiscal 2025?

Amesite (AMST) reported revenue of $13K for the second quarter fiscal 2025 (Q2 FY25), -69% from a year earlier and +13% from the quarter before.

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Source: Amesite 10-Q on SEC EDGAR.