Filing Flows › Marvion (MVNC) › Q1 2025
Marvion (MVNC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 19, 2025
Marvion (MVNC) reported revenue of $641K for the first quarter 2025 (Q1 2025), +138% from a year earlier and +22% from the quarter before. Operating margin was 9.7%, net earnings $7K (1.1% of revenue).
Marvion, Q1 2025: revenue $641K (+138% year over year), operating margin 9.7%, net earnings $7K, operating cash flow $176K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $641K | +22% | +138% |
| Gross profit | $322K | +23% | +159% |
| Operating profit | $62K | — | +16% |
| Net earnings | $7K | — | -83% |
| Operating cash flow | $176K | — | +59% |
What changed
Revenue was $641K in Q1 2025, up 138% year over year and up 22% from the previous quarter.
Gross margin was 50.2%, up 4.0 points from a year earlier. Operating profit was $62K, a 9.7% margin (down 10.2 points year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 20% margin then. Operating expenses grew 267% against revenue growth of 138%. Net earnings were $7K, down 83% year over year. The effective tax rate was 54.7%.
Operating cash flow was $176K (up 59% year over year), 2527% of net earnings. Non-cash charges added back $41K of depreciation. Working capital and other items added $128K. Capital expenditures of $229K exceeded it, leaving free cash flow of −$52K.
Questions
What was Marvion's revenue in the first quarter 2025?
Marvion (MVNC) reported revenue of $641K for the first quarter 2025 (Q1 2025), +138% from a year earlier and +22% from the quarter before.
Was Marvion profitable in the first quarter 2025?
Operating profit was $62K (9.7% of revenue) and net earnings $7K.
Source: Marvion 10-Q on SEC EDGAR.