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Mitesco (MITI) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 15, 2025

Mitesco (MITI) reported revenue of $17K for the first quarter 2025 (Q1 2025) and +20% from the quarter before.

Revenue$17K
Year over year—
Quarter over quarter+20%
Operating margin—
Net earnings$3.5M

Mitesco, Q1 2025: revenue $17K, net earnings $3.5M, operating cash flow −$97K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$17K+20%—
Operating profit−$267K——
Net earnings$3.5M——
Operating cash flow−$97K——

What changed

Revenue was $17K in Q1 2025, up 20% from the previous quarter.

Operating costs exceeded revenue by $267K, an operating margin of -1570.5%. Net earnings were $3.5M. The effective tax rate was 0.0%. Non-operating items added $3.7M, 108% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$97K. Non-cash charges added back $6K of share-based compensation. Working capital and other items used $3.6M.

Questions

What was Mitesco's revenue in the first quarter 2025?

Mitesco (MITI) reported revenue of $17K for the first quarter 2025 (Q1 2025) and +20% from the quarter before.

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Source: Mitesco 10-Q on SEC EDGAR.