Filing Flows › CIM Group (CMRF) › Q1 2025
CIM Group (CMRF) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
CIM Group (CMRF) reported revenue of $106M for the first quarter 2025 (Q1 2025), -21% from a year earlier and +0.2% from the quarter before. Operating margin was -37.9%, net loss $32.9M (30.9% of revenue).
CIM Group, Q1 2025: revenue $106M (-21% year over year), operating margin -37.9%, net loss $32.9M, operating cash flow $31.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $106M | +0.2% | -21% |
| Operating profit | −$40.3M | — | — |
| Net earnings | −$32.9M | — | — |
| Operating cash flow | $31.8M | +4% | -37% |
| Free cash flow | $26.1M | — | -44% |
What changed
Revenue was $106.4M in Q1 2025, down 21% year over year and roughly flat from the previous quarter.
Operating costs exceeded revenue by $40.3M, an operating margin of -37.9%. Total costs fell 13% while revenue fell 21%. The quarter ended with a net loss of $32.9M, wider than the previous quarter's $15.3M loss. Non-operating items added $7.5M, -23% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $31.8M (down 37% year over year). Non-cash charges added back $9.2M of depreciation and amortization and $740K of share-based compensation. Working capital and other items added $54.7M. Capital expenditures of $5.6M left free cash flow of $26.1M.
Questions
What was CIM Group's revenue in the first quarter 2025?
CIM Group (CMRF) reported revenue of $106M for the first quarter 2025 (Q1 2025), -21% from a year earlier and +0.2% from the quarter before.
Was CIM Group profitable in the first quarter 2025?
Operating loss was $40.3M (-37.9% of revenue) and net loss $32.9M.
Source: CIM Group 10-Q on SEC EDGAR.