Filing Flows › Verde Resources (VRDR) › Q3 FY25
Verde Resources (VRDR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 16, 2025
Verde Resources (VRDR) reported revenue of $1K for the third quarter fiscal 2025 (Q3 FY25), +782% from a year earlier and -71% from the quarter before.
Verde Resources, Q3 FY25: revenue $1K (+782% year over year), net loss $1.1M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1K | -71% | +782% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $1K in Q3 FY25, up 782% year over year and down 71% from the previous quarter.
Gross margin was 77.8%. Operating costs exceeded revenue by $1.2M, an operating margin of -174500.7%. The fastest-growing cost line was SG&A (+55%). The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $2.7M loss. Minority interests bore $0K of it: to shareholders the quarter was a loss of $1.1M.
Operating cash flow was −$1.6M. Non-cash charges added back $26K of depreciation and amortization. Working capital and other items used $528K. Capital expenditures of $0K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Verde Resources' revenue in the third quarter fiscal 2025?
Verde Resources (VRDR) reported revenue of $1K for the third quarter fiscal 2025 (Q3 FY25), +782% from a year earlier and -71% from the quarter before.
Source: Verde Resources 10-Q on SEC EDGAR.