Filing Flows › Trio-Tech International (TRT) › Q3 FY25
Trio-Tech International (TRT) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 13, 2025
Trio-Tech International (TRT) reported revenue of $7.4M for the third quarter fiscal 2025 (Q3 FY25), -29% from a year earlier and -14% from the quarter before. Operating margin was -4.6%, net loss $476K (6.4% of revenue).
Trio-Tech International, Q3 FY25: revenue $7.4M (-29% year over year), operating margin -4.6%, net loss $476K, operating cash flow $781K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4M | -14% | -29% |
| Operating profit | −$343K | — | — |
| Net earnings | −$476K | -190% | — |
| Operating cash flow | $781K | -63% | -32% |
| Free cash flow | $625K | -68% | -43% |
What changed
Revenue was $7.4M in Q3 FY25, down 29% year over year and down 14% from the previous quarter. Semiconductor Back-end Solutions was the largest line at 73% of revenue. Semiconductor Back-end Solutions lost $2.3M year over year (down 30%), 75% of the total change.
Gross margin was 26.8%, up 0.8 points from a year earlier. Operating costs exceeded revenue by $343K, an operating margin of -4.6%. Operating expenses fell 12% while revenue fell 29%. The quarter ended with a net loss of $476K, after a profit of $529K the previous quarter.
Operating cash flow was $781K (down 32% year over year). Non-cash charges added back $671K of depreciation and amortization and $288K of share-based compensation. Working capital and other items added $298K. Capital expenditures of $156K left free cash flow of $625K.
Questions
What was Trio-Tech International's revenue in the third quarter fiscal 2025?
Trio-Tech International (TRT) reported revenue of $7.4M for the third quarter fiscal 2025 (Q3 FY25), -29% from a year earlier and -14% from the quarter before.
Was Trio-Tech International profitable in the third quarter fiscal 2025?
Operating loss was $343K (-4.6% of revenue) and net loss $476K.