Filing Flows › Arts Way Manufacturing (ARTW) › Q1 FY25
Arts Way Manufacturing (ARTW) Q1 FY25 earnings results (first quarter fiscal 2025)
10-Q filed Apr 10, 2025
Arts Way Manufacturing (ARTW) reported revenue of $5.1M for the first quarter fiscal 2025 (Q1 FY25), -10% from a year earlier and -17% from the quarter before. Operating margin was 0.0%, net loss $56K (1.1% of revenue).
Arts Way Manufacturing, Q1 FY25: revenue $5.1M (-10% year over year), operating margin 0.0%, net loss $56K, operating cash flow −$102K. The chart follows the revenue to costs, profit and cash.
| Q1 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | -17% | -10% |
| Operating profit | $2K | — | — |
| Net earnings | −$56K | — | — |
| Operating cash flow | −$102K | — | — |
What changed
Revenue was $5.1M in Q1 FY25, down 10% year over year and down 17% from the previous quarter. Modular Buildings was the largest line at 41% of revenue. Farm Equipment lost $1.5M year over year (down 43%), 263% of the total change.
Gross margin was 29.1%, up 3.4 points from a year earlier. Operating profit was $2K, a 0.0% margin (up 6.7 points year over year). Operating expenses fell 19% while revenue fell 10%. The quarter ended with a net loss of $56K, after a profit of $832K the previous quarter. Net interest and other expense of $73K was the main reason.
Operating cash flow was −$102K. Non-cash charges added back $208K of depreciation and amortization and $44K of share-based compensation. Working capital and other items used $298K. Capital expenditures of $83K exceeded it, leaving free cash flow of −$185K.
Questions
What was Arts Way Manufacturing's revenue in the first quarter fiscal 2025?
Arts Way Manufacturing (ARTW) reported revenue of $5.1M for the first quarter fiscal 2025 (Q1 FY25), -10% from a year earlier and -17% from the quarter before.
Was Arts Way Manufacturing profitable in the first quarter fiscal 2025?
Operating profit was $2K (0.0% of revenue) and net loss $56K.