Filing Flows › Karbon-X (KARX) › Q3 FY25
Karbon-X (KARX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 18, 2025
Karbon-X (KARX) reported revenue of $239K for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and -80% from the quarter before. Operating margin was -704.8%, net loss $1.7M (707.1% of revenue).
Karbon-X, Q3 FY25: revenue $239K (-4% year over year), operating margin -704.8%, net loss $1.7M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $239K | -80% | -4% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $239K in Q3 FY25, down 4% year over year and down 80% from the previous quarter.
Gross margin was 59.0%, up 49.5 points from a year earlier. Operating costs exceeded revenue by $1.7M, an operating margin of -704.8%. Operating expenses grew 361% against a revenue fall of 4%. The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.2M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $1K of depreciation and amortization and $91K of share-based compensation. Working capital and other items added $463K.
Questions
What was Karbon-X's revenue in the third quarter fiscal 2025?
Karbon-X (KARX) reported revenue of $239K for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and -80% from the quarter before.
Was Karbon-X profitable in the third quarter fiscal 2025?
Operating loss was $1.7M (-704.8% of revenue) and net loss $1.7M.
Source: Karbon-X 10-Q on SEC EDGAR.