Filing Flows › CIM Group (CMRF) › Q3 2025
CIM Group (CMRF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
CIM Group (CMRF) reported revenue of $104M for the third quarter 2025 (Q3 2025), -14% from a year earlier and -3% from the quarter before. Operating margin was 18.7%, net earnings $30.3M (29.0% of revenue).
CIM Group, Q3 2025: revenue $104M (-14% year over year), operating margin 18.7%, net earnings $30.3M, operating cash flow $34.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $104M | -3% | -14% |
| Operating profit | $19.6M | +5% | 184× |
| Net earnings | $30.3M | +20% | +314% |
| Operating cash flow | $34.7M | -4% | -22% |
| Free cash flow | $4.8M | — | — |
What changed
Revenue was $104.5M in Q3 2025, down 14% year over year and down 3% from the previous quarter.
Operating profit was $19.6M, a 18.7% margin (up 18.6 points year over year). Total costs fell 30% while revenue fell 14%. The fastest-growing cost line was General & admin (+16%). Net earnings were $30.3M, up 314% year over year. The effective tax rate was 0.0%. Non-operating items added $10.8M, 35% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $34.7M (down 22% year over year), 115% of net earnings. Non-cash charges added back $9.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $6.3M. Capital expenditures of $29.9M left free cash flow of $4.8M.
Questions
What was CIM Group's revenue in the third quarter 2025?
CIM Group (CMRF) reported revenue of $104M for the third quarter 2025 (Q3 2025), -14% from a year earlier and -3% from the quarter before.
Was CIM Group profitable in the third quarter 2025?
Operating profit was $19.6M (18.7% of revenue) and net earnings $30.3M.
Source: CIM Group 10-Q on SEC EDGAR.