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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 9.7M | 0.1% |
| Gross Profit | 7.7M | 0.9% |
| Cost of Revenue | 2M | 4.3% |
| Operating expense | 8.7M | 4.4% |
| Net Income | -1.5M | 1.3% |
| EBITDA | -940,000 | 103.9% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 33M | 11.3% |
| Total Liabilities | 25M | 23.8% |
| Total Equity | 7.9M | 15.8% |
| Shares Outstanding | 12M | 1.8% |
Cash Flow (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -44,000 | 107.8% |
| Cash from financing | 3.4M | 55.4% |
EPS
Financial Highlights for AudioEye in Q1 '25
AudioEye reported a revenue of 9.7M, which is a 0.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 7.7M, marking a -0.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2M, a 4.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 8.7M, showing a -4.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -1.5M, showing a 1.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -940,000, showing a -103.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
AudioEye faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
