Filing Flows › Inve Technologies (INVE) › Q1 2025
Inve Technologies (INVE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Inve Technologies (INVE) reported revenue of $5.3M for the first quarter 2025 (Q1 2025), -21% from a year earlier and -21% from the quarter before. Operating margin was -103.8%, net loss $4.8M (90.9% of revenue).
Inve Technologies, Q1 2025: revenue $5.3M (-21% year over year), operating margin -103.8%, net loss $4.8M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3M | -21% | -21% |
| Operating profit | −$5.5M | — | — |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $5.3M in Q1 2025, down 21% year over year and down 21% from the previous quarter.
Gross margin was 2.5%, down 4.7 points from a year earlier. Operating costs exceeded revenue by $5.5M, an operating margin of -103.8%. Operating expenses grew 1% against a revenue fall of 21%. The fastest-growing cost line was Sales & marketing (+20%). The quarter ended with a net loss of $4.8M, wider than the previous quarter's $355K loss.
Operating cash flow was −$3.3M. Non-cash charges added back $491K of depreciation and $796K of share-based compensation. Working capital and other items added $222K. Capital expenditures of $301K exceeded it, leaving free cash flow of −$3.6M.
Questions
What was Inve Technologies' revenue in the first quarter 2025?
Inve Technologies (INVE) reported revenue of $5.3M for the first quarter 2025 (Q1 2025), -21% from a year earlier and -21% from the quarter before.
Was Inve Technologies profitable in the first quarter 2025?
Operating loss was $5.5M (-103.8% of revenue) and net loss $4.8M.
Source: Inve Technologies 10-Q on SEC EDGAR.