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Koss Corp | 10-Q: Q1 2025 Earnings Report

Koss Corp | 10-Q: Q1 2025 Earnings Report

高斯电子 | 10-Q:2025财年一季报
美股SEC公告 ·  2024/11/01 13:01

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Koss Corporation reported Q1 FY2025 net sales of $3.2 million, down 5.1% from $3.4 million in Q1 FY2024, with a net loss of $420,000 compared to a $258,000 loss last year. Gross profit margin improved to 36.6% from 31.6%, driven by favorable sales mix and higher direct-to-consumer sales. However, selling, general and administrative expenses increased 17.8% to $1.8 million.Export market sales showed strength with significant orders from European distributors for newly released products, while domestic sales declined 16.7% to $2.2 million due to a non-recurring custom order and lower U.S. distributor sales. Direct-to-consumer sales grew 18% year-over-year, partially offsetting the domestic decline.The company maintained a strong financial position with $2.8 million in cash and cash equivalents, $9.1 million in short-term investments, and an available $5 million credit facility. Management continues to monitor supply chain disruptions, inflationary pressures, and geopolitical tensions that could impact operations and costs.
Koss Corporation reported Q1 FY2025 net sales of $3.2 million, down 5.1% from $3.4 million in Q1 FY2024, with a net loss of $420,000 compared to a $258,000 loss last year. Gross profit margin improved to 36.6% from 31.6%, driven by favorable sales mix and higher direct-to-consumer sales. However, selling, general and administrative expenses increased 17.8% to $1.8 million.Export market sales showed strength with significant orders from European distributors for newly released products, while domestic sales declined 16.7% to $2.2 million due to a non-recurring custom order and lower U.S. distributor sales. Direct-to-consumer sales grew 18% year-over-year, partially offsetting the domestic decline.The company maintained a strong financial position with $2.8 million in cash and cash equivalents, $9.1 million in short-term investments, and an available $5 million credit facility. Management continues to monitor supply chain disruptions, inflationary pressures, and geopolitical tensions that could impact operations and costs.
Koss Corporation报告了2025财年第1季度的净销售额为320万,较2024财年第1季度的340万下降了5.1%,净亏损为420,000美元,而去年为258,000美元。毛利润率从31.6%提高至36.6%,主要受到有利的销售组合和更高的直接面向消费者销售的驱动。然而,销售、一般和行政费用增加了17.8%,达到180万。出口市场销售表现强劲,来自欧洲分销商对新发布产品的大量订单,而由于一次性定制订单和美国分销商销售减少,国内销售下降了16.7%,降至220万。直接面向消费者的销售同比增长了18%,部分抵消了国内的下降。该公司保持了强劲的财务状况,现金及现金等价物为280万,短期投资为910万,并且有500万的可用信用额度。管理层继续关注可能影响运营和成本的供应链中断、通货膨胀压力和地缘政治紧张局势。
Koss Corporation报告了2025财年第1季度的净销售额为320万,较2024财年第1季度的340万下降了5.1%,净亏损为420,000美元,而去年为258,000美元。毛利润率从31.6%提高至36.6%,主要受到有利的销售组合和更高的直接面向消费者销售的驱动。然而,销售、一般和行政费用增加了17.8%,达到180万。出口市场销售表现强劲,来自欧洲分销商对新发布产品的大量订单,而由于一次性定制订单和美国分销商销售减少,国内销售下降了16.7%,降至220万。直接面向消费者的销售同比增长了18%,部分抵消了国内的下降。该公司保持了强劲的财务状况,现金及现金等价物为280万,短期投资为910万,并且有500万的可用信用额度。管理层继续关注可能影响运营和成本的供应链中断、通货膨胀压力和地缘政治紧张局势。
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