Filing Flows › Nakamoto (NAKA) › Q1 2025
Nakamoto (NAKA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Nakamoto (NAKA) reported revenue of $580K for the first quarter 2025 (Q1 2025), -30% from a year earlier and -4% from the quarter before. Operating margin was -179.7%, net loss $1.0M (179.0% of revenue).
Nakamoto, Q1 2025: revenue $580K (-30% year over year), operating margin -179.7%, net loss $1.0M, operating cash flow −$865K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $580K | -4% | -30% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$1.0M | — | — |
| Operating cash flow | −$865K | — | — |
What changed
Revenue was $580K in Q1 2025, down 30% year over year and down 4% from the previous quarter. Patient Care Services was the largest line at 98% of revenue. Patient Care Services lost $215K year over year (down 27%), 86% of the total change.
Operating costs exceeded revenue by $1.0M, an operating margin of -179.7%. Total costs grew 52% against a revenue fall of 30%. The fastest-growing cost line was Other operating costs (+46%). The quarter ended with a net loss of $1.0M, wider than the previous quarter's $1.0M loss.
Operating cash flow was −$865K. Non-cash charges added back $18K of depreciation and amortization and $8K of share-based compensation. Working capital and other items added $147K.
Questions
What was Nakamoto's revenue in the first quarter 2025?
Nakamoto (NAKA) reported revenue of $580K for the first quarter 2025 (Q1 2025), -30% from a year earlier and -4% from the quarter before.
Was Nakamoto profitable in the first quarter 2025?
Operating loss was $1.0M (-179.7% of revenue) and net loss $1.0M.
Source: Nakamoto 10-Q on SEC EDGAR.