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LQR House (YHC) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

LQR House (YHC) reported revenue of $499K for the second quarter 2025 (Q2 2025), -11% from a year earlier and +16% from the quarter before. Operating margin was -442.1%, net loss $2.2M (441.8% of revenue).

Revenue$499K
Year over year-11%
Quarter over quarter+16%
Operating margin-442.1%
Net earnings−$2.2M

LQR House, Q2 2025: revenue $499K (-11% year over year), operating margin -442.1%, net loss $2.2M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$499K+16%-11%
Operating profit−$2.2M——
Net earnings−$2.2M——
Operating cash flow−$1.6M——

What changed

Revenue was $499K in Q2 2025, down 11% year over year and up 16% from the previous quarter. CWSPlatform was the largest line at 61% of revenue. CWSPlatform lost $209K year over year (down 41%), 351% of the total change.

Gross margin was 17.0%. Operating costs exceeded revenue by $2.2M, an operating margin of -442.1%. The fastest-growing cost line was General & admin (+63%). The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $2.4M loss.

Operating cash flow was −$1.6M. Non-cash charges added back $48K of share-based compensation. Working capital and other items added $511K.

Questions

What was LQR House's revenue in the second quarter 2025?

LQR House (YHC) reported revenue of $499K for the second quarter 2025 (Q2 2025), -11% from a year earlier and +16% from the quarter before.

Was LQR House profitable in the second quarter 2025?

Operating loss was $2.2M (-442.1% of revenue) and net loss $2.2M.

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Source: LQR House 10-Q on SEC EDGAR.