Filing Flows › First Community (FCCO) › Q1 2025
First Community (FCCO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
First Community (FCCO) reported revenue of $18.4M for the first quarter 2025 (Q1 2025), +20% from a year earlier and +5% from the quarter before. Operating margin was 28.2%, net earnings $4.0M (21.8% of revenue).
First Community, Q1 2025: revenue $18.4M (+20% year over year), operating margin 28.2%, net earnings $4.0M, operating cash flow $6.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.4M | +5% | +20% |
| Operating profit | $5.2M | -4% | +56% |
| Net earnings | $4.0M | -6% | +54% |
| Operating cash flow | $6.5M | — | +38% |
| Free cash flow | $6.3M | — | +42% |
What changed
Revenue was $18.4M in Q1 2025, up 20% year over year and up 5% from the previous quarter.
Operating profit was $5.2M, a 28.2% margin (up 6.4 points year over year). Of the extra revenue versus a year earlier, 60% reached operating profit, above the 22% margin then. Total costs grew 11% against revenue growth of 20%. The fastest-growing cost line was Credit loss provision (+239%). Net earnings were $4.0M, up 54% year over year. The effective tax rate was 22.9%.
Operating cash flow was $6.5M (up 38% year over year), 162% of net earnings. Non-cash charges added back $34K of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $200K left free cash flow of $6.3M.
Questions
What was First Community's revenue in the first quarter 2025?
First Community (FCCO) reported revenue of $18.4M for the first quarter 2025 (Q1 2025), +20% from a year earlier and +5% from the quarter before.
Was First Community profitable in the first quarter 2025?
Operating profit was $5.2M (28.2% of revenue) and net earnings $4.0M.
Source: First Community 10-Q on SEC EDGAR.