Filing Flows › Ridgepost Capital (RPC) › Q1 2025
Ridgepost Capital (RPC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Ridgepost Capital (RPC) reported revenue of $67.7M for the first quarter 2025 (Q1 2025), +2% from a year earlier and -20% from the quarter before. Operating margin was 16.6%, net earnings $4.5M (6.7% of revenue).
Ridgepost Capital, Q1 2025: revenue $67.7M (+2% year over year), operating margin 16.6%, net earnings $4.5M, operating cash flow −$4.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.7M | -20% | +2% |
| Operating profit | $11.2M | -51% | -7% |
| Net earnings | $4.5M | -14% | -10% |
| Operating cash flow | −$4.7M | — | — |
What changed
Revenue was $67.7M in Q1 2025, up 2% year over year and down 20% from the previous quarter. Management Fees was the largest line at 96% of revenue. Management Fees added $1.4M year over year (up 2%), 90% of the total change. Other Revenue declined 6%.
Operating profit was $11.2M, a 16.6% margin (down 1.7 points year over year). Operating profit fell $873K even though revenue rose $1.6M versus a year earlier, so costs grew faster than sales. Total costs grew 4% against revenue growth of 2%. The fastest-growing cost line was General & admin (+13%). Net earnings were $4.5M, down 10% year over year. The effective tax rate was 5.3%.
Operating cash flow was −$4.7M. Non-cash charges added back $5.7M of depreciation and amortization and $6.6M of share-based compensation. Working capital and other items used $21.7M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$6.0M.
Questions
What was Ridgepost Capital's revenue in the first quarter 2025?
Ridgepost Capital (RPC) reported revenue of $67.7M for the first quarter 2025 (Q1 2025), +2% from a year earlier and -20% from the quarter before.
Was Ridgepost Capital profitable in the first quarter 2025?
Operating profit was $11.2M (16.6% of revenue) and net earnings $4.5M.
Source: Ridgepost Capital 10-Q on SEC EDGAR.