Filing Flows › SRX Global (SRXH) › Q2 FY25
SRX Global (SRXH) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 15, 2025
SRX Global (SRXH) reported revenue of $7.2M for the second quarter fiscal 2025 (Q2 FY25), -9% from a year earlier and 0% from the quarter before. Operating margin was -15.2%, net loss $964K (13.5% of revenue).
SRX Global, Q2 FY25: revenue $7.2M (-9% year over year), operating margin -15.2%, net loss $964K, operating cash flow $384K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.2M | 0% | -9% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$964K | — | — |
| Operating cash flow | $384K | -74% | — |
| Free cash flow | $377K | -74% | — |
What changed
Revenue was $7.2M in Q2 FY25, down 9% year over year and roughly flat from the previous quarter.
Gross margin was 33.3%, up 0.2 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -15.2%. Operating expenses fell 32% while revenue fell 9%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.5M loss.
Operating cash flow was $384K. Non-cash charges added back $26K of depreciation and amortization and $280K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $7K left free cash flow of $377K.
Questions
What was SRX Global's revenue in the second quarter fiscal 2025?
SRX Global (SRXH) reported revenue of $7.2M for the second quarter fiscal 2025 (Q2 FY25), -9% from a year earlier and 0% from the quarter before.
Was SRX Global profitable in the second quarter fiscal 2025?
Operating loss was $1.1M (-15.2% of revenue) and net loss $964K.
Source: SRX Global 10-Q on SEC EDGAR.