Filing Flows › Target Group (CBDY) › Q2 2025
Target Group (CBDY) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
Target Group (CBDY) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), -45% from a year earlier and -11% from the quarter before. Operating margin was -17.6%, net loss $220K (17.6% of revenue).
Target Group, Q2 2025: revenue $1.2M (-45% year over year), operating margin -17.6%, net loss $220K, operating cash flow $484K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -11% | -45% |
| Operating profit | −$220K | — | — |
| Net earnings | −$220K | — | — |
| Operating cash flow | $484K | — | -51% |
What changed
Revenue was $1.2M in Q2 2025, down 45% year over year and down 11% from the previous quarter.
Gross margin was 59.8%, down 4.7 points from a year earlier. Operating costs exceeded revenue by $220K, an operating margin of -17.6%. Operating expenses grew 20% against a revenue fall of 45%. The quarter ended with a net loss of $220K, wider than the previous quarter's $108K loss.
Operating cash flow was $484K (down 51% year over year). Non-cash charges added back $227K of depreciation. Working capital and other items added $477K.
Questions
What was Target Group's revenue in the second quarter 2025?
Target Group (CBDY) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), -45% from a year earlier and -11% from the quarter before.
Was Target Group profitable in the second quarter 2025?
Operating loss was $220K (-17.6% of revenue) and net loss $220K.
Source: Target Group 10-Q on SEC EDGAR.