Filing Flows › Planet Green Holdings (PLAG) › Q1 2025
Planet Green Holdings (PLAG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Planet Green Holdings (PLAG) reported revenue of $840K for the first quarter 2025 (Q1 2025), -44% from a year earlier and -42% from the quarter before. Operating margin was -85.3%, net loss $797K (94.8% of revenue).
Planet Green Holdings, Q1 2025: revenue $840K (-44% year over year), operating margin -85.3%, net loss $797K, operating cash flow −$345K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $840K | -42% | -44% |
| Operating profit | −$717K | — | — |
| Net earnings | −$797K | — | — |
| Operating cash flow | −$345K | -139% | — |
What changed
Revenue was $840K in Q1 2025, down 44% year over year and down 42% from the previous quarter.
Gross margin was 6.5%, down 16.9 points from a year earlier. Operating costs exceeded revenue by $717K, an operating margin of -85.3%. Operating expenses fell 17% while revenue fell 44%. The fastest-growing cost line was Sales & marketing (+191%). The quarter ended with a net loss of $797K, narrower than the previous quarter's $3.3M loss.
Operating cash flow was −$345K. Non-cash charges added back $250K of depreciation and amortization. Working capital and other items added $201K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$348K.
Questions
What was Planet Green Holdings' revenue in the first quarter 2025?
Planet Green Holdings (PLAG) reported revenue of $840K for the first quarter 2025 (Q1 2025), -44% from a year earlier and -42% from the quarter before.
Was Planet Green Holdings profitable in the first quarter 2025?
Operating loss was $717K (-85.3% of revenue) and net loss $797K.