Filing Flows › Flash Sports & Media Holdings (FLZH) › Q3 2025
Flash Sports & Media Holdings (FLZH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Feb 17, 2026
Flash Sports & Media Holdings (FLZH) reported revenue of $2.4M for the third quarter 2025 (Q3 2025), -70% from a year earlier and -69% from the quarter before. Operating margin was -93.8%, net loss $4.8M (203.1% of revenue).
Flash Sports & Media Holdings, Q3 2025: revenue $2.4M (-70% year over year), operating margin -93.8%, net loss $4.8M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | -69% | -70% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | −$2.2M | -628% | — |
What changed
Revenue was $2.4M in Q3 2025, down 70% year over year and down 69% from the previous quarter. Construction was the largest line at 59% of revenue. Equipments lost $2.9M year over year (down 77%), 51% of the total change.
Operating costs exceeded revenue by $2.2M, an operating margin of -93.8%. The quarter ended with a net loss of $4.8M, narrower than the previous quarter's $6.2M loss. Net interest and other expense of $2.6M was the main reason.
Operating cash flow was −$2.2M. Non-cash charges added back $90K of depreciation and $170K of share-based compensation. Working capital and other items added $2.4M.
Questions
What was Flash Sports & Media Holdings' revenue in the third quarter 2025?
Flash Sports & Media Holdings (FLZH) reported revenue of $2.4M for the third quarter 2025 (Q3 2025), -70% from a year earlier and -69% from the quarter before.
Was Flash Sports & Media Holdings profitable in the third quarter 2025?
Operating loss was $2.2M (-93.8% of revenue) and net loss $4.8M.