Filing Flows › Chicago Rivet & Machine (CVR) › Q1 2025
Chicago Rivet & Machine (CVR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Chicago Rivet & Machine (CVR) reported revenue of $7.2M for the first quarter 2025 (Q1 2025), -8% from a year earlier and +77% from the quarter before. Operating margin was 1.0%, net earnings $401K (5.5% of revenue).
Chicago Rivet & Machine, Q1 2025: revenue $7.2M (-8% year over year), operating margin 1.0%, net earnings $401K, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.2M | +77% | -8% |
| Gross profit | $1.7M | — | +123% |
| Operating profit | $70K | — | — |
| Net earnings | $401K | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $7.2M in Q1 2025, down 8% year over year and up 77% from the previous quarter. Automotive was the largest line at 53% of revenue. Automotive lost $837K year over year (down 18%), 138% of the total change.
Gross margin was 22.9%, up 13.4 points from a year earlier. Operating profit was $70K, a 1.0% margin (up 12.5 points year over year). Operating expenses fell 4% while revenue fell 8%. Net earnings were $401K. The effective tax rate was 4.8%. Non-operating items added $351K, 83% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.0M. Non-cash charges added back $317K of depreciation. Working capital and other items used $2.7M. Capital expenditures of $43K exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Chicago Rivet & Machine's revenue in the first quarter 2025?
Chicago Rivet & Machine (CVR) reported revenue of $7.2M for the first quarter 2025 (Q1 2025), -8% from a year earlier and +77% from the quarter before.
Was Chicago Rivet & Machine profitable in the first quarter 2025?
Operating profit was $70K (1.0% of revenue) and net earnings $401K.