Filing Flows › Flash Sports & Media Holdings (FLZH) › Q1 2025
Flash Sports & Media Holdings (FLZH) Q1 2025 earnings results (first quarter 2025)
10-Q filed Feb 3, 2026
Flash Sports & Media Holdings (FLZH) reported revenue of $9.5M for the first quarter 2025 (Q1 2025), -38% from a year earlier. Operating margin was -42.8%, net loss $4.0M (42.4% of revenue).
Flash Sports & Media Holdings, Q1 2025: revenue $9.5M (-38% year over year), operating margin -42.8%, net loss $4.0M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.5M | — | -38% |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | $2.2M | — | +252% |
| Free cash flow | $2.2M | — | — |
What changed
Revenue was $9.5M in Q1 2025, down 38% year over year. Equipment Systems was the largest line at 49% of revenue. Construction Design and Building lost $6.6M year over year (down 68%), 111% of the total change.
Gross margin was 6.4%, down 13.0 points from a year earlier. Operating costs exceeded revenue by $4.1M, an operating margin of -42.8%. Operating expenses fell 14% while revenue fell 38%. The quarter ended with a net loss of $4.0M.
Operating cash flow was $2.2M (up 252% year over year). Non-cash charges added back $168K of depreciation and amortization and $324K of share-based compensation. Working capital and other items added $5.8M. Capital expenditures of $64K left free cash flow of $2.2M.
Questions
What was Flash Sports & Media Holdings' revenue in the first quarter 2025?
Flash Sports & Media Holdings (FLZH) reported revenue of $9.5M for the first quarter 2025 (Q1 2025), -38% from a year earlier.
Was Flash Sports & Media Holdings profitable in the first quarter 2025?
Operating loss was $4.1M (-42.8% of revenue) and net loss $4.0M.