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VIP Play (VIPZ) Q2 FY25 earnings results (second quarter fiscal 2025)

10-Q filed Feb 10, 2025

VIP Play (VIPZ) reported revenue of $22K for the second quarter fiscal 2025 (Q2 FY25).

Revenue$22K
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$5.9M

VIP Play, Q2 FY25: revenue $22K, net loss $5.9M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.

Q2 FY25AmountQ/QY/Y
Revenue$22K——
Operating profit−$8.6M——
Net earnings−$5.9M——
Operating cash flow−$2.5M——

What changed

Revenue was $22K in Q2 FY25.

Operating costs exceeded revenue by $8.6M, an operating margin of -39077.3%. The quarter ended with a net loss of $5.9M. Non-operating items added $2.7M, -45% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$2.5M. Non-cash charges added back $482K of depreciation and amortization. Working capital and other items added $2.9M.

Questions

What was VIP Play's revenue in the second quarter fiscal 2025?

VIP Play (VIPZ) reported revenue of $22K for the second quarter fiscal 2025 (Q2 FY25).

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Source: VIP Play 10-Q on SEC EDGAR.