Filing Flows › DSS (DSS) › Q1 2025
DSS (DSS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
DSS (DSS) reported revenue of $5.0M for the first quarter 2025 (Q1 2025), +28% from a year earlier and -9% from the quarter before. Operating margin was -75.2%, net loss $5.3M (106.9% of revenue).
DSS, Q1 2025: revenue $5.0M (+28% year over year), operating margin -75.2%, net loss $5.3M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0M | -9% | +28% |
| Operating profit | −$3.7M | — | — |
| Net earnings | −$5.3M | — | — |
| Operating cash flow | −$1.6M | -490% | — |
What changed
Revenue was $5.0M in Q1 2025, up 28% year over year and down 9% from the previous quarter. Printed Products was the largest line at 81% of revenue. Printed Products added $925K year over year (up 30%), 85% of the total change. Net Investment Income declined 78%.
Operating costs exceeded revenue by $3.7M, an operating margin of -75.2%. Total costs grew 2% against revenue growth of 28%. The quarter ended with a net loss of $5.3M, narrower than the previous quarter's $37.9M loss. Minority interests bore $519K of it: to shareholders the quarter was a loss of $4.8M.
Operating cash flow was −$1.6M. Non-cash charges added back $523K of depreciation and amortization and $872K of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $52K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was DSS' revenue in the first quarter 2025?
DSS (DSS) reported revenue of $5.0M for the first quarter 2025 (Q1 2025), +28% from a year earlier and -9% from the quarter before.
Was DSS profitable in the first quarter 2025?
Operating loss was $3.7M (-75.2% of revenue) and net loss $5.3M.
Source: DSS 10-Q on SEC EDGAR.