NEWS
S&W Files First Quarter 2025 10-Q
Positive
Completed voluntary administration process for S&W Australia subsidiary, reducing future liabilities
Released from AUD $15.0 million guarantee with National Australia Bank
Expects improved adjusted EBITDA performance for remaining FY2025 quarters (-$1.9M to $0.1M)
Operating expenses decreased to $5.6M from $5.7M year-over-year
Completed voluntary administration process for S&W Australia subsidiary, reducing future liabilities
Released from AUD $15.0 million guarantee with National Australia Bank
Expects improved adjusted EBITDA performance for remaining FY2025 quarters (-$1.9M to $0.1M)
Operating expenses decreased to $5.6M from $5.7M year-over-year
Negative
Revenue declined 23.1% to $8.3M from $10.8M year-over-year
Gross profit margin decreased to 16.1% from 25.3%
Net loss widened to $16.2M from $6.0M year-over-year
Adjusted EBITDA deteriorated to ($3.1M) from ($1.7M)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
2951Followers
109Following
31KVisitors
Follow