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Koss Corp | 10-Q: Q1 2025 Earnings Report

Koss Corp | 10-Q: Q1 2025 Earnings Report

高斯電子 | 10-Q:2025財年一季報
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報告了2025財年第1季度的淨銷售額爲320萬,較2024財年第1季度的340萬下降了5.1%,淨虧損爲420,000美元,而去年爲258,000美元。毛利潤率從31.6%提高至36.6%,主要受到有利的銷售組合和更高的直接面向消費者銷售的驅動。然而,銷售、一般和行政費用增加了17.8%,達到180萬。出口市場銷售表現強勁,來自歐洲分銷商對新發佈產品的大量訂單,而由於一次性定製訂單和美國分銷商銷售減少,國內銷售下降了16.7%,降至220萬。直接面向消費者的銷售同比增長了18%,部分抵消了國內的下降。該公司保持了強勁的財務狀況,現金及現金等價物爲280萬,短期投資爲910萬,並且有500萬的可用信用額度。管理層繼續關注可能影響運營和成本的供應鏈中斷、通貨膨脹壓力和地緣政治緊張局勢。
Koss Corporation報告了2025財年第1季度的淨銷售額爲320萬,較2024財年第1季度的340萬下降了5.1%,淨虧損爲420,000美元,而去年爲258,000美元。毛利潤率從31.6%提高至36.6%,主要受到有利的銷售組合和更高的直接面向消費者銷售的驅動。然而,銷售、一般和行政費用增加了17.8%,達到180萬。出口市場銷售表現強勁,來自歐洲分銷商對新發佈產品的大量訂單,而由於一次性定製訂單和美國分銷商銷售減少,國內銷售下降了16.7%,降至220萬。直接面向消費者的銷售同比增長了18%,部分抵消了國內的下降。該公司保持了強勁的財務狀況,現金及現金等價物爲280萬,短期投資爲910萬,並且有500萬的可用信用額度。管理層繼續關注可能影響運營和成本的供應鏈中斷、通貨膨脹壓力和地緣政治緊張局勢。
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