Filing Flows › Paid (PAYD) › Q1 2025
Paid (PAYD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Paid (PAYD) reported revenue of $4.4M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -19% from the quarter before. Operating margin was -3.6%, net loss $149K (3.4% of revenue).
Paid, Q1 2025: revenue $4.4M (+5% year over year), operating margin -3.6%, net loss $149K, operating cash flow −$478K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4M | -19% | +5% |
| Operating profit | −$159K | — | — |
| Net earnings | −$149K | — | — |
| Operating cash flow | −$478K | -181% | — |
What changed
Revenue was $4.4M in Q1 2025, up 5% year over year and down 19% from the previous quarter. Shipping Coordination and Label Generation Services was the largest line at 99% of revenue. Shipping Coordination and Label Generation Services added $206K year over year (up 5%), 95% of the total change. Service declined 72%.
Gross margin was 23.3%, down 1.2 points from a year earlier. Operating costs exceeded revenue by $159K, an operating margin of -3.6%. Operating expenses grew 12% against revenue growth of 5%. The fastest-growing cost line was General & admin (+41%). The quarter ended with a net loss of $149K, narrower than the previous quarter's $173K loss.
Operating cash flow was −$478K. Non-cash charges added back $70K of depreciation and amortization and $1K of share-based compensation. Working capital and other items used $400K.
Questions
What was Paid's revenue in the first quarter 2025?
Paid (PAYD) reported revenue of $4.4M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -19% from the quarter before.
Was Paid profitable in the first quarter 2025?
Operating loss was $159K (-3.6% of revenue) and net loss $149K.
Source: Paid 10-Q on SEC EDGAR.