Filing Flows › TurnOnGreen (TOGI) › Q1 2025
TurnOnGreen (TOGI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 16, 2025
TurnOnGreen (TOGI) reported revenue of $1.6M for the first quarter 2025 (Q1 2025), +30% from a year earlier and +37% from the quarter before. Operating margin was -25.8%, net loss $541K (34.0% of revenue).
TurnOnGreen, Q1 2025: revenue $1.6M (+30% year over year), operating margin -25.8%, net loss $541K, operating cash flow −$620K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | +37% | +30% |
| Operating profit | −$410K | — | — |
| Net earnings | −$541K | — | — |
| Operating cash flow | −$620K | — | — |
What changed
Revenue was $1.6M in Q1 2025, up 30% year over year and up 37% from the previous quarter.
Gross margin was 45.9%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $410K, an operating margin of -25.8%. Operating expenses fell 7% while revenue rose 30%. The quarter ended with a net loss of $541K, narrower than the previous quarter's $1.8M loss.
Operating cash flow was −$620K. Non-cash charges added back $20K of depreciation. Working capital and other items used $99K.
Questions
What was TurnOnGreen's revenue in the first quarter 2025?
TurnOnGreen (TOGI) reported revenue of $1.6M for the first quarter 2025 (Q1 2025), +30% from a year earlier and +37% from the quarter before.
Was TurnOnGreen profitable in the first quarter 2025?
Operating loss was $410K (-25.8% of revenue) and net loss $541K.
Source: TurnOnGreen 10-Q on SEC EDGAR.