Filing Flows › First Capital (FCAP) › Q1 2025
First Capital (FCAP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
First Capital (FCAP) reported revenue of $11.4M for the first quarter 2025 (Q1 2025), +9% from a year earlier and +0.8% from the quarter before. Operating margin was 34.2%, net earnings $3.2M (28.3% of revenue).
First Capital, Q1 2025: revenue $11.4M (+9% year over year), operating margin 34.2%, net earnings $3.2M, operating cash flow $4.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.4M | +0.8% | +9% |
| Operating profit | $3.9M | -1% | +13% |
| Net earnings | $3.2M | -0.8% | +10% |
| Operating cash flow | $4.4M | +8% | -39% |
| Free cash flow | $4.2M | +11% | -41% |
What changed
Revenue was $11.4M in Q1 2025, up 9% year over year and up 1% from the previous quarter.
Operating profit was $3.9M, a 34.2% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 48% reached operating profit, above the 33% margin then. Total costs grew 7% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $3.2M, up 10% year over year. The effective tax rate was 17.2%.
Operating cash flow was $4.4M (down 39% year over year), 135% of net earnings. Non-cash charges added back $281K of depreciation and amortization and $38K of share-based compensation. Working capital and other items added $830K. Capital expenditures of $220K left free cash flow of $4.2M.
Questions
What was First Capital's revenue in the first quarter 2025?
First Capital (FCAP) reported revenue of $11.4M for the first quarter 2025 (Q1 2025), +9% from a year earlier and +0.8% from the quarter before.
Was First Capital profitable in the first quarter 2025?
Operating profit was $3.9M (34.2% of revenue) and net earnings $3.2M.
Source: First Capital 10-Q on SEC EDGAR.