Filing Flows › Cenntro (CENN) › Q1 2025
Cenntro (CENN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Cenntro (CENN) reported revenue of $2.1M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -25% from the quarter before. Operating margin was -288.1%, net loss $5.7M (264.4% of revenue).
Cenntro, Q1 2025: revenue $2.1M (-8% year over year), operating margin -288.1%, net loss $5.7M, operating cash flow −$5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | -25% | -9% |
| Operating profit | −$6.2M | — | — |
| Net earnings | −$5.7M | — | — |
| Operating cash flow | −$5.0M | — | — |
What changed
Revenue was $2.1M in Q1 2025, down 9% year over year and down 25% from the previous quarter.
Gross margin was 15.0%, up 7.8 points from a year earlier. Operating costs exceeded revenue by $6.2M, an operating margin of -288.1%. Operating expenses fell 19% while revenue fell 9%. The fastest-growing cost line was Sales & marketing (+30%). The quarter ended with a net loss of $5.7M, narrower than the previous quarter's $17.5M loss. Minority interests bore $11K of it: to shareholders the quarter was a loss of $5.7M.
Operating cash flow was −$5.0M. Non-cash charges added back $550K of depreciation and amortization and $740K of share-based compensation. Working capital and other items used $579K. Capital expenditures of $520K exceeded it, leaving free cash flow of −$5.5M.
Questions
What was Cenntro's revenue in the first quarter 2025?
Cenntro (CENN) reported revenue of $2.1M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -25% from the quarter before.
Was Cenntro profitable in the first quarter 2025?
Operating loss was $6.2M (-288.1% of revenue) and net loss $5.7M.
Source: Cenntro 10-Q on SEC EDGAR.