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CXAIW

CXAIW
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LongbridgeAI

CXAPP INC C/WTS (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 1.224 M

Earnings Watch
May 21, 2025 at 08:21 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Revenue: As of FY2025 Q1, the actual value is USD 1.224 M.

EPS: As of FY2025 Q1, the actual value is USD -0.08.

EBIT: As of FY2025 Q1, the actual value is USD -1.616 M.

Segment Revenue

  • Licenses: Revenue from licenses was $1,211 thousand for the three months ended March 31, 2025, compared to $1,588 thousand for the same period in 2024.
  • Professional Services: Revenue from professional services was $13 thousand for the three months ended March 31, 2025, compared to $230 thousand for the same period in 2024.

Operational Metrics

  • Gross Profit: The gross profit was $1,074 thousand for the three months ended March 31, 2025, compared to $1,491 thousand for the same period in 2024. The gross profit margin increased to 88% from 82%.
  • Operating Expenses: Total operating expenses were $4,819 thousand for the three months ended March 31, 2025, compared to $5,078 thousand for the same period in 2024.
  • Net Loss: The net loss was $1,616 thousand for the three months ended March 31, 2025, compared to $5,170 thousand for the same period in 2024.

Cash Flow

  • Net Cash Used in Operating Activities: Net cash used in operating activities was $979 thousand for the three months ended March 31, 2025.

Future Outlook and Strategy

  • Core Business Focus: The company is focusing on AI-driven innovation, market expansion, and financial discipline. It aims to enhance its AI-based analytics platform, expand its customer base in key sectors, and optimize operating expenses to improve margins.
  • Non-Core Business: The company is not explicitly focusing on non-core business divestitures or emerging segments in the provided outlook.

Priority

  • The company emphasizes strategic growth initiatives such as product innovation, market expansion, and operational excellence to drive long-term profitability and growth.

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CXAPP INC C/WTS (TO PUR COM)

CXAPP INC C/WTS (TO PUR COM)

CXAIW.US

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