Filing Flows › Fly-E Group (FLYE) › Q3 FY25
Fly-E Group (FLYE) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 19, 2025
Fly-E Group (FLYE) reported revenue of $5.7M for the third quarter fiscal 2025 (Q3 FY25), -24% from a year earlier and -17% from the quarter before. Operating margin was -16.6%, net loss $684K (12.1% of revenue).
Fly-E Group, Q3 FY25: revenue $5.7M (-24% year over year), operating margin -16.6%, net loss $684K, operating cash flow −$2K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7M | -17% | -24% |
| Operating profit | −$940K | — | — |
| Net earnings | −$684K | — | — |
| Operating cash flow | −$2K | — | — |
What changed
Revenue was $5.7M in Q3 FY25, down 24% year over year and down 17% from the previous quarter. Retail was the largest line at 87% of revenue. Retail lost $1.4M year over year (down 22%), 79% of the total change.
Gross margin was 45.1%, up 5.1 points from a year earlier. Operating costs exceeded revenue by $940K, an operating margin of -16.6%. Operating expenses grew 26% against a revenue fall of 24%. The quarter ended with a net loss of $684K, narrower than the previous quarter's $1.1M loss.
Operating cash flow was −$2K. Non-cash charges added back $147K of depreciation and amortization. Working capital and other items added $536K. Capital expenditures of $42K exceeded it, leaving free cash flow of −$44K.
Questions
What was Fly-E Group's revenue in the third quarter fiscal 2025?
Fly-E Group (FLYE) reported revenue of $5.7M for the third quarter fiscal 2025 (Q3 FY25), -24% from a year earlier and -17% from the quarter before.
Was Fly-E Group profitable in the third quarter fiscal 2025?
Operating loss was $940K (-16.6% of revenue) and net loss $684K.
Source: Fly-E Group 10-Q on SEC EDGAR.