Filing Flows › NeoVolta (NEOV) › Q2 FY25
NeoVolta (NEOV) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 7, 2025
NeoVolta (NEOV) reported revenue of $1.1M for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and +82% from the quarter before. Operating margin was -88.4%, net loss $971K (90.6% of revenue).
NeoVolta, Q2 FY25: revenue $1.1M (+5% year over year), operating margin -88.4%, net loss $971K, operating cash flow −$858K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | +82% | +5% |
| Operating profit | −$947K | — | — |
| Net earnings | −$971K | — | — |
| Operating cash flow | −$858K | — | — |
What changed
Revenue was $1.1M in Q2 FY25, up 5% year over year and up 82% from the previous quarter.
Gross margin was 30.2%, up 10.0 points from a year earlier. Operating costs exceeded revenue by $947K, an operating margin of -88.4%. Operating expenses grew 64% against revenue growth of 5%. The quarter ended with a net loss of $1.0M, wider than the previous quarter's $1.0M loss.
Operating cash flow was −$858K. Non-cash charges added back $215K of share-based compensation. Working capital and other items used $102K.
Questions
What was NeoVolta's revenue in the second quarter fiscal 2025?
NeoVolta (NEOV) reported revenue of $1.1M for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and +82% from the quarter before.
Was NeoVolta profitable in the second quarter fiscal 2025?
Operating loss was $947K (-88.4% of revenue) and net loss $971K.
Source: NeoVolta 10-Q on SEC EDGAR.