Filing Flows › Manhattan Bridge Capital (LOAN) › Q1 2025
Manhattan Bridge Capital (LOAN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
Manhattan Bridge Capital (LOAN) reported revenue of $2.3M for the first quarter 2025 (Q1 2025), -12% from a year earlier and -4% from the quarter before. Operating margin was 60.2%, net earnings $1.4M (60.4% of revenue).
Manhattan Bridge Capital, Q1 2025: revenue $2.3M (-12% year over year), operating margin 60.2%, net earnings $1.4M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -4% | -12% |
| Operating profit | $1.4M | +5% | -7% |
| Net earnings | $1.4M | +5% | -7% |
| Operating cash flow | $1.2M | +27% | +4% |
What changed
Revenue was $2.3M in Q1 2025, down 12% year over year and down 4% from the previous quarter.
Operating profit was $1.4M, a 60.2% margin (up 3.0 points year over year). Total costs fell 18% while revenue fell 12%. The fastest-growing cost line was General & admin (+11%). Net earnings were $1.4M, down 7% year over year. The effective tax rate was 0.0%.
Operating cash flow was $1.2M (up 4% year over year), 86% of net earnings. Non-cash charges added back $1K of depreciation and $3K of share-based compensation. Working capital and other items used $197K.
Questions
What was Manhattan Bridge Capital's revenue in the first quarter 2025?
Manhattan Bridge Capital (LOAN) reported revenue of $2.3M for the first quarter 2025 (Q1 2025), -12% from a year earlier and -4% from the quarter before.
Was Manhattan Bridge Capital profitable in the first quarter 2025?
Operating profit was $1.4M (60.2% of revenue) and net earnings $1.4M.