Filing Flows › Brownie's Marine Group (BWMG) › Q1 2025
Brownie's Marine Group (BWMG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jul 2, 2025
Brownie's Marine Group (BWMG) reported revenue of $1.5M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -10% from the quarter before. Operating margin was -3.0%, net loss $54K (3.6% of revenue).
Brownie's Marine Group, Q1 2025: revenue $1.5M (-5% year over year), operating margin -3.0%, net loss $54K, operating cash flow −$116K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5M | -10% | -5% |
| Operating profit | −$45K | — | — |
| Net earnings | −$54K | — | — |
| Operating cash flow | −$116K | — | — |
What changed
Revenue was $1.5M in Q1 2025, down 5% year over year and down 10% from the previous quarter.
Gross margin was 33.0%, down 3.6 points from a year earlier. Operating costs exceeded revenue by $45K, an operating margin of -3.0%. Operating expenses fell 39% while revenue fell 5%. The quarter ended with a net loss of $54K, narrower than the previous quarter's $159K loss.
Operating cash flow was −$116K. Non-cash charges added back $7K of depreciation and amortization. Working capital and other items used $69K.
Questions
What was Brownie's Marine Group's revenue in the first quarter 2025?
Brownie's Marine Group (BWMG) reported revenue of $1.5M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -10% from the quarter before.
Was Brownie's Marine Group profitable in the first quarter 2025?
Operating loss was $45K (-3.0% of revenue) and net loss $54K.