Filing Flows › Avax One Technology (AVX) › Q1 2025
Avax One Technology (AVX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Avax One Technology (AVX) reported revenue of $344K for the first quarter 2025 (Q1 2025) and up 13-fold from the quarter before. Operating margin was -600.0%, net loss $145K (42.1% of revenue).
Avax One Technology, Q1 2025: revenue $344K, operating margin -600.0%, net loss $145K, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $344K | 13× | — |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$145K | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $344K in Q1 2025, up 1196% from the previous quarter.
Gross margin was 22.9%. Operating costs exceeded revenue by $2.1M, an operating margin of -600.0%. The quarter ended with a net loss of $145K, narrower than the previous quarter's $2.9M loss. Non-operating items added $1.9M, -1325% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.2M. Non-cash charges added back $275K of depreciation and amortization and $127K of share-based compensation. Working capital and other items used $2.4M.
Questions
What was Avax One Technology's revenue in the first quarter 2025?
Avax One Technology (AVX) reported revenue of $344K for the first quarter 2025 (Q1 2025) and up 13-fold from the quarter before.
Was Avax One Technology profitable in the first quarter 2025?
Operating loss was $2.1M (-600.0% of revenue) and net loss $145K.