Filing Flows › SCWorx (WORX) › Q1 2025
SCWorx (WORX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
SCWorx (WORX) reported revenue of $720K for the first quarter 2025 (Q1 2025), -11% from a year earlier and +7% from the quarter before. Operating margin was -46.4%, net loss $476K (66.1% of revenue).
SCWorx, Q1 2025: revenue $720K (-11% year over year), operating margin -46.4%, net loss $476K, operating cash flow −$405K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $720K | +7% | -11% |
| Operating profit | −$334K | — | — |
| Net earnings | −$476K | — | — |
| Operating cash flow | −$405K | — | — |
What changed
Revenue was $720K in Q1 2025, down 11% year over year and up 7% from the previous quarter.
Gross margin was 19.0%, down 6.7 points from a year earlier. Operating costs exceeded revenue by $334K, an operating margin of -46.4%. Operating expenses grew 22% against a revenue fall of 11%. The fastest-growing cost line was Other operating costs (+27%). The quarter ended with a net loss of $476K, wider than the previous quarter's $195K loss.
Operating cash flow was −$405K. Working capital and other items added $72K.
Questions
What was SCWorx's revenue in the first quarter 2025?
SCWorx (WORX) reported revenue of $720K for the first quarter 2025 (Q1 2025), -11% from a year earlier and +7% from the quarter before.
Was SCWorx profitable in the first quarter 2025?
Operating loss was $334K (-46.4% of revenue) and net loss $476K.
Source: SCWorx 10-Q on SEC EDGAR.