Filing Flows › Azio AI Holdings (AZIO) › Q1 2025
Azio AI Holdings (AZIO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 20, 2025
Azio AI Holdings (AZIO) reported revenue of $591K for the first quarter 2025 (Q1 2025), -27% from a year earlier and +139% from the quarter before.
Azio AI Holdings, Q1 2025: revenue $591K (-27% year over year), net loss $14.0M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $591K | +139% | -27% |
| Operating profit | −$13.7M | — | — |
| Net earnings | −$14.0M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $591K in Q1 2025, down 27% year over year and up 139% from the previous quarter. Vehicle Sales was the largest line at 63% of revenue.
Gross margin was 20.2%, down 17.8 points from a year earlier. Operating costs exceeded revenue by $13.7M, an operating margin of -2325.2%. Operating expenses grew 324% against a revenue fall of 27%. The fastest-growing cost line was Research & development (+40%). The quarter ended with a net loss of $14.0M, wider than the previous quarter's $2.3M loss.
Operating cash flow was −$4.2M. Non-cash charges added back $281K of depreciation and amortization and $547K of share-based compensation. Working capital and other items added $9.0M. Capital expenditures of $177K exceeded it, leaving free cash flow of −$4.4M.
Questions
What was Azio AI Holdings' revenue in the first quarter 2025?
Azio AI Holdings (AZIO) reported revenue of $591K for the first quarter 2025 (Q1 2025), -27% from a year earlier and +139% from the quarter before.
Source: Azio AI Holdings 10-Q on SEC EDGAR.