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Professional Diversity Network (IPDN) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 14, 2025

Professional Diversity Network (IPDN) reported revenue of $1.5M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -7% from the quarter before. Operating margin was -46.9%, net loss $741K (49.3% of revenue).

Revenue$1.5M
Year over year-13%
Quarter over quarter-7%
Operating margin-46.9%
Net earnings−$741K

Professional Diversity Network, Q1 2025: revenue $1.5M (-13% year over year), operating margin -46.9%, net loss $741K, operating cash flow −$284K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$1.5M-7%-13%
Operating profit−$705K——
Net earnings−$741K——
Operating cash flow−$284K——

What changed

Revenue was $1.5M in Q1 2025, down 13% year over year and down 7% from the previous quarter. Recruitment Services was the largest line at 61% of revenue. Recruitment Services lost $187K year over year (down 17%), 84% of the total change.

Operating costs exceeded revenue by $705K, an operating margin of -46.9%. Total costs fell 13% while revenue fell 13%. The fastest-growing cost line was Cost of revenue (+10%). The quarter ended with a net loss of $741K, narrower than the previous quarter's $781K loss. Minority interests bore $19K of it: to shareholders the quarter was a loss of $722K.

Operating cash flow was −$284K. Non-cash charges added back $41K of depreciation and amortization and $37K of share-based compensation. Working capital and other items added $379K.

Questions

What was Professional Diversity Network's revenue in the first quarter 2025?

Professional Diversity Network (IPDN) reported revenue of $1.5M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -7% from the quarter before.

Was Professional Diversity Network profitable in the first quarter 2025?

Operating loss was $705K (-46.9% of revenue) and net loss $741K.

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Source: Professional Diversity Network 10-Q on SEC EDGAR.