Filing Flows › Chiron Real Estate (XRN) › Q1 2025
Chiron Real Estate (XRN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Chiron Real Estate (XRN) reported revenue of $34.6M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -2% from the quarter before. Operating margin was 10.8%, net earnings $2.1M (6.1% of revenue).
Chiron Real Estate, Q1 2025: revenue $34.6M (-1% year over year), operating margin 10.8%, net earnings $2.1M, operating cash flow $12.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $34.6M | -2% | -1% |
| Operating profit | $3.7M | +27% | +61% |
| Net earnings | $2.1M | +53% | +165% |
| Operating cash flow | $12.3M | -40% | -14% |
| Free cash flow | $9.7M | — | — |
What changed
Revenue was $34.6M in Q1 2025, down 1% year over year and down 2% from the previous quarter.
Operating profit was $3.7M, a 10.8% margin (up 4.2 points year over year). Total costs fell 6% while revenue fell 1%. Net earnings were $2.1M, up 165% year over year. The effective tax rate was 0.0%.
Operating cash flow was $12.3M (down 14% year over year), 328% of net income including minority interests. Non-cash charges added back $10.3M of depreciation and $151K of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $2.6M left free cash flow of $9.7M.
Questions
What was Chiron Real Estate's revenue in the first quarter 2025?
Chiron Real Estate (XRN) reported revenue of $34.6M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -2% from the quarter before.
Was Chiron Real Estate profitable in the first quarter 2025?
Operating profit was $3.7M (10.8% of revenue) and net earnings $2.1M.
Source: Chiron Real Estate 10-Q on SEC EDGAR.