Filing Flows › Olenox Industries (OLOX) › Q1 2025
Olenox Industries (OLOX) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 13, 2025
Olenox Industries (OLOX) reported revenue of $566K for the first quarter 2025 (Q1 2025), -41% from a year earlier and -46% from the quarter before. Operating margin was -323.5%, net loss $2.7M (485.0% of revenue).
Olenox Industries, Q1 2025: revenue $566K (-42% year over year), operating margin -323.5%, net loss $2.7M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $566K | -46% | -41% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $566K in Q1 2025, down 41% year over year and down 46% from the previous quarter. Construction Services was the largest line at 88% of revenue. Construction Services lost $472K year over year (down 49%), 117% of the total change.
Operating costs exceeded revenue by $1.8M, an operating margin of -323.5%. The fastest-growing cost line was General & admin (+98%). The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $6.6M loss.
Operating cash flow was −$1.3M. Non-cash charges added back $107K of depreciation and amortization and $106K of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $74K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Olenox Industries' revenue in the first quarter 2025?
Olenox Industries (OLOX) reported revenue of $566K for the first quarter 2025 (Q1 2025), -41% from a year earlier and -46% from the quarter before.
Was Olenox Industries profitable in the first quarter 2025?
Operating loss was $1.8M (-323.5% of revenue) and net loss $2.7M.
Source: Olenox Industries 10-Q on SEC EDGAR.