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Mitesco (MITI) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Mitesco (MITI) reported revenue of $3K for the third quarter 2025 (Q3 2025), -87% from a year earlier and -84% from the quarter before.

Revenue$3K
Year over year-87%
Quarter over quarter-84%
Operating margin—
Net earnings−$3.2M

Mitesco, Q3 2025: revenue $3K (-87% year over year), net loss $3.2M, operating cash flow −$121K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$3K-84%-87%
Operating profit−$1.0M——
Net earnings−$3.2M——
Operating cash flow−$121K——

What changed

Revenue was $3K in Q3 2025, down 87% year over year and down 84% from the previous quarter.

Operating costs exceeded revenue by $1.0M, an operating margin of -33714.1%. Total costs grew 323% against a revenue fall of 87%. The fastest-growing cost line was SG&A (+330%). The quarter ended with a net loss of $3.2M, wider than the previous quarter's $87K loss. Net interest and other expense of $2.2M was the main reason.

Operating cash flow was −$121K. Non-cash charges added back $812K of share-based compensation. Working capital and other items added $2.3M.

Questions

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

Mitesco (MITI) reported revenue of $3K for the third quarter 2025 (Q3 2025), -87% from a year earlier and -84% from the quarter before.

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Source: Mitesco 10-Q on SEC EDGAR.