Filing Flows › HG Holdings (STLY) › Q1 2025
HG Holdings (STLY) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
HG Holdings (STLY) reported revenue of $2.7M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and +4% from the quarter before. Operating margin was -10.3%, net loss $276K (10.1% of revenue).
HG Holdings, Q1 2025: revenue $2.7M (+0.9% year over year), operating margin -10.3%, net loss $276K, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | +4% | +0.9% |
| Operating profit | −$281K | — | — |
| Net earnings | −$276K | — | — |
| Operating cash flow | $3.6M | — | -25% |
What changed
Revenue was $2.7M in Q1 2025, up 1% year over year and up 4% from the previous quarter.
Gross margin was 96.3%, up 0.7 points from a year earlier. Operating costs exceeded revenue by $281K, an operating margin of -10.3%. Operating expenses grew 15% against revenue growth of 1%. The quarter ended with a net loss of $276K, wider than the previous quarter's $182K loss. Minority interests bore $19K of it: to shareholders the quarter was a loss of $257K.
Operating cash flow was $3.6M (down 25% year over year). Non-cash charges added back $25K of depreciation and amortization. Working capital and other items added $3.8M.
Questions
What was HG Holdings' revenue in the first quarter 2025?
HG Holdings (STLY) reported revenue of $2.7M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and +4% from the quarter before.
Was HG Holdings profitable in the first quarter 2025?
Operating loss was $281K (-10.3% of revenue) and net loss $276K.
Source: HG Holdings 10-Q on SEC EDGAR.