Filing Flows › Helio (HLEO) › Q2 FY25
Helio (HLEO) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jun 23, 2025
Helio (HLEO) reported revenue of $1.2M for the second quarter fiscal 2025 (Q2 FY25), -29% from a year earlier and -18% from the quarter before. Operating margin was -78.5%, net loss $1.0M (86.6% of revenue).
Helio, Q2 FY25: revenue $1.2M (-29% year over year), operating margin -78.5%, net loss $1.0M, operating cash flow −$725K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -18% | -29% |
| Operating profit | −$921K | — | — |
| Net earnings | −$1.0M | — | — |
| Operating cash flow | −$725K | — | — |
What changed
Revenue was $1.2M in Q2 FY25, down 29% year over year and down 18% from the previous quarter. Service was the largest line at 71% of revenue. Materials lost $494K year over year (down 67%), 102% of the total change.
Gross margin was 16.6%, down 19.6 points from a year earlier. Operating costs exceeded revenue by $921K, an operating margin of -78.5%. Operating expenses fell 16% while revenue fell 29%. The quarter ended with a net loss of $1.0M, wider than the previous quarter's $919K loss.
Operating cash flow was −$725K. Non-cash charges added back $6K of depreciation and $41K of share-based compensation. Working capital and other items added $244K.
Questions
What was Helio's revenue in the second quarter fiscal 2025?
Helio (HLEO) reported revenue of $1.2M for the second quarter fiscal 2025 (Q2 FY25), -29% from a year earlier and -18% from the quarter before.
Was Helio profitable in the second quarter fiscal 2025?
Operating loss was $921K (-78.5% of revenue) and net loss $1.0M.
Source: Helio 10-Q on SEC EDGAR.