Filing Flows › Resolute Holdings Management (RHLD) › Q1 2025
Resolute Holdings Management (RHLD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Resolute Holdings Management (RHLD) reported revenue of $104M for the first quarter 2025 (Q1 2025), -0.1% from a year earlier and +3% from the quarter before. Operating margin was 24.6%, net earnings $22.6M (21.8% of revenue).
Resolute Holdings Management, Q1 2025: revenue $104M (-0.1% year over year), operating margin 24.6%, net earnings $22.6M, operating cash flow $18.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $104M | +3% | -0.1% |
| Gross profit | $54.5M | +4% | -1% |
| Operating profit | $25.6M | — | -21% |
| Net earnings | $22.6M | -19% | -14% |
| Operating cash flow | $18.4M | -58% | -48% |
| Free cash flow | $17.8M | -57% | -48% |
What changed
Revenue was $103.9M in Q1 2025, roughly flat year over year and up 3% from the previous quarter.
Gross margin was 52.5%, down 0.6 points from a year earlier. Operating profit was $25.6M, a 24.6% margin (down 6.6 points year over year). Operating expenses grew 27% against flat revenue. Net earnings were −$3.4M. The effective tax rate was 2.5%.
Operating cash flow was $18.4M (down 48% year over year), 81% of net income including minority interests. Non-cash charges added back $2.1M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $12.3M. Capital expenditures of $600K left free cash flow of $17.8M.
Questions
What was Resolute Holdings Management's revenue in the first quarter 2025?
Resolute Holdings Management (RHLD) reported revenue of $104M for the first quarter 2025 (Q1 2025), -0.1% from a year earlier and +3% from the quarter before.
Was Resolute Holdings Management profitable in the first quarter 2025?
Operating profit was $25.6M (24.6% of revenue) and net earnings $22.6M.