Filing Flows › Quanome Technologies (QNME) › Q3 FY25
Quanome Technologies (QNME) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
Quanome Technologies (QNME) reported revenue of $3.8M for the third quarter fiscal 2025 (Q3 FY25), -15% from a year earlier and +6% from the quarter before. Operating margin was -28.2%, net loss $1.1M (28.2% of revenue).
Quanome Technologies, Q3 FY25: revenue $3.8M (-15% year over year), operating margin -28.2%, net loss $1.1M, operating cash flow −$238K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8M | +6% | -15% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$238K | — | — |
What changed
Revenue was $3.8M in Q3 FY25, down 15% year over year and up 6% from the previous quarter. Crossborder Airfreights Solutions was the largest line at 53% of revenue. Cross Border Ocean Freights Solutions lost $837K year over year (down 40%), 127% of the total change.
Gross margin was 18.8%, down 3.0 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -28.2%. Operating expenses grew 91% against a revenue fall of 15%. The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $1.9M loss.
Operating cash flow was −$238K. Non-cash charges added back $94K of depreciation and amortization. Working capital and other items added $739K.
Questions
What was Quanome Technologies' revenue in the third quarter fiscal 2025?
Quanome Technologies (QNME) reported revenue of $3.8M for the third quarter fiscal 2025 (Q3 FY25), -15% from a year earlier and +6% from the quarter before.
Was Quanome Technologies profitable in the third quarter fiscal 2025?
Operating loss was $1.1M (-28.2% of revenue) and net loss $1.1M.