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SusGlobal Energy (SNRG) Q1 2025 earnings results (first quarter 2025)

10-Q filed Jun 16, 2025

SusGlobal Energy (SNRG) reported revenue of $6K for the first quarter 2025 (Q1 2025), -84% from a year earlier and -85% from the quarter before.

Revenue$6K
Year over year-84%
Quarter over quarter-85%
Operating margin—
Net earnings−$1.9M

SusGlobal Energy, Q1 2025: revenue $6K (-84% year over year), net loss $1.9M, operating cash flow −$121K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$6K-85%-84%
Operating profit−$1.9M——
Net earnings−$1.9M——
Operating cash flow−$121K——

What changed

Revenue was $6K in Q1 2025, down 84% year over year and down 85% from the previous quarter.

Operating costs exceeded revenue by $1.9M, an operating margin of -29655.8%. Total costs grew 30% against a revenue fall of 84%. The fastest-growing cost line was Cost of revenue (+67%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $4.2M loss.

Operating cash flow was −$121K. Non-cash charges added back $63K of depreciation. Working capital and other items added $1.7M.

Questions

What was SusGlobal Energy's revenue in the first quarter 2025?

SusGlobal Energy (SNRG) reported revenue of $6K for the first quarter 2025 (Q1 2025), -84% from a year earlier and -85% from the quarter before.

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Source: SusGlobal Energy 10-Q on SEC EDGAR.