Filing Flows › Addentax Group (ATXG) › Q3 FY25
Addentax Group (ATXG) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 14, 2025
Addentax Group (ATXG) reported revenue of $1.1M for the third quarter fiscal 2025 (Q3 FY25), -28% from a year earlier and -21% from the quarter before. Operating margin was -36.0%, net loss $1.1M (102.5% of revenue).
Addentax Group, Q3 FY25: revenue $1.1M (-28% year over year), operating margin -36.0%, net loss $1.1M, operating cash flow $273K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | -21% | -28% |
| Operating profit | −$381K | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $273K | -62% | +374% |
| Free cash flow | $235K | -63% | — |
What changed
Revenue was $1.1M in Q3 FY25, down 28% year over year and down 21% from the previous quarter.
Gross margin was 7.8%, down 3.2 points from a year earlier. Operating costs exceeded revenue by $381K, an operating margin of -36.0%. Operating expenses fell 24% while revenue fell 28%. The fastest-growing cost line was Sales & marketing (+17%). The quarter ended with a net loss of $1.1M, wider than the previous quarter's $722K loss. Net interest and other expense of $702K was the main reason.
Operating cash flow was $273K (up 374% year over year). Non-cash charges added back $893K of depreciation and amortization. Working capital and other items added $466K. Capital expenditures of $38K left free cash flow of $235K.
Questions
What was Addentax Group's revenue in the third quarter fiscal 2025?
Addentax Group (ATXG) reported revenue of $1.1M for the third quarter fiscal 2025 (Q3 FY25), -28% from a year earlier and -21% from the quarter before.
Was Addentax Group profitable in the third quarter fiscal 2025?
Operating loss was $381K (-36.0% of revenue) and net loss $1.1M.
Source: Addentax Group 10-Q on SEC EDGAR.