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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 1.6M | 24.2% |
| Operating expense | 8.5M | 1.3% |
| Net Income | -8.6M | 36.7% |
| EBITDA | -8.4M | 35.6% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 36M | 9.2% |
| Total Liabilities | 2.9M | 38% |
| Total Equity | 33M | 11.9% |
| Shares Outstanding | 76M | 1.1% |
Cash Flow (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -3.5M | 14.1% |
| Cash from financing | 1.3M | 84.8% |
EPS
Financial Highlights for Vuzix Corporation in Q1 '25
Vuzix Corporation reported a revenue of 1.6M, which is a 24.2% 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.
Operating Expenses for this period were 8.5M, showing a 1.3% 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 -8.6M, showing a 36.7% 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 -8.4M, showing a 35.6% 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.
It was a positive quarter for Vuzix Corporation with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
