Filing Flows › Sports Entertainment Gaming Global (SEGG) › Q1 2025
Sports Entertainment Gaming Global (SEGG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 21, 2025
Sports Entertainment Gaming Global (SEGG) reported revenue of $224K for the first quarter 2025 (Q1 2025), -14% from a year earlier and -36% from the quarter before.
Sports Entertainment Gaming Global, Q1 2025: revenue $224K (-14% year over year), net loss $3.2M, operating cash flow $925K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $224K | -36% | -14% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$3.2M | — | — |
| Operating cash flow | $925K | — | — |
What changed
Revenue was $224K in Q1 2025, down 14% year over year and down 36% from the previous quarter.
Gross margin was 27.4%, down 40.3 points from a year earlier. Operating costs exceeded revenue by $3.3M, an operating margin of -1495.9%. Operating expenses fell 41% while revenue fell 14%. The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $8.9M loss.
Operating cash flow was $925K. Non-cash charges added back $1.0M of depreciation and amortization. Working capital and other items added $3.1M.
Questions
What was Sports Entertainment Gaming Global's revenue in the first quarter 2025?
Sports Entertainment Gaming Global (SEGG) reported revenue of $224K for the first quarter 2025 (Q1 2025), -14% from a year earlier and -36% from the quarter before.
Source: Sports Entertainment Gaming Global 10-Q on SEC EDGAR.