Filing Flows › Redwood Mortgage Investors IX (RWDMU) › Q1 2025
Redwood Mortgage Investors IX (RWDMU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 21, 2025
Redwood Mortgage Investors IX (RWDMU) reported revenue of $1.1M for the first quarter 2025 (Q1 2025), -27% from a year earlier and -31% from the quarter before. Operating margin was 20.4%, net earnings $217K (20.4% of revenue).
Redwood Mortgage Investors IX, Q1 2025: revenue $1.1M (-27% year over year), operating margin 20.4%, net earnings $217K, operating cash flow $123K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | -31% | -27% |
| Operating profit | $217K | -72% | -66% |
| Net earnings | $217K | -72% | -66% |
| Operating cash flow | $123K | -88% | -77% |
What changed
Revenue was $1.1M in Q1 2025, down 27% year over year and down 31% from the previous quarter.
Operating profit was $217K, a 20.4% margin (down 24.1 points year over year). Total costs grew 5% against a revenue fall of 27%. Net earnings were $217K, down 66% year over year. The effective tax rate was 0.0%.
Operating cash flow was $123K (down 77% year over year), 57% of net earnings. Working capital and other items used $94K.
Questions
What was Redwood Mortgage Investors IX's revenue in the first quarter 2025?
Redwood Mortgage Investors IX (RWDMU) reported revenue of $1.1M for the first quarter 2025 (Q1 2025), -27% from a year earlier and -31% from the quarter before.
Was Redwood Mortgage Investors IX profitable in the first quarter 2025?
Operating profit was $217K (20.4% of revenue) and net earnings $217K.