Filing Flows › Natural Alternatives International (NAII) › Q2 FY25
Natural Alternatives International (NAII) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 14, 2025
Natural Alternatives International (NAII) reported revenue of $34.1M for the second quarter fiscal 2025 (Q2 FY25), +35% from a year earlier and +3% from the quarter before. Operating margin was -8.2%, net loss $2.2M (6.4% of revenue).
Natural Alternatives International, Q2 FY25: revenue $34.1M (+35% year over year), operating margin -8.2%, net loss $2.2M, operating cash flow $37K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $34.1M | +3% | +35% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | $37K | — | -89% |
What changed
Revenue was $34.1M in Q2 FY25, up 35% year over year and up 3% from the previous quarter. Private Label Contract Manufacturing was the largest line at 95% of revenue. Private Label Contract Manufacturing added $9.3M year over year (up 40%), 104% of the total change. Patent and Trademark Licensing declined 18%.
Gross margin was 4.9%, up 3.4 points from a year earlier. Operating costs exceeded revenue by $2.8M, an operating margin of -8.2%. Operating expenses grew 14% against revenue growth of 35%. The quarter ended with a net loss of $2.2M, wider than the previous quarter's $2.0M loss.
Operating cash flow was $37K (down 89% year over year). Non-cash charges added back $1.1M of depreciation and amortization and $277K of share-based compensation. Working capital and other items added $817K. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Natural Alternatives International's revenue in the second quarter fiscal 2025?
Natural Alternatives International (NAII) reported revenue of $34.1M for the second quarter fiscal 2025 (Q2 FY25), +35% from a year earlier and +3% from the quarter before.
Was Natural Alternatives International profitable in the second quarter fiscal 2025?
Operating loss was $2.8M (-8.2% of revenue) and net loss $2.2M.
Source: Natural Alternatives International 10-Q on SEC EDGAR.