Revenue: As of FY2025 Q3, the actual value is USD 11.39 M.EPS: As of FY2025 Q3, the actual value is USD -0.58.EBIT: As of FY2025 Q3, the actual value is USD -4.085 M.<h3>Segment Revenue</h3><ul><li>Total Revenue: For the three months ended March 31, 2025, total revenue was $11,392,078, a significant increase from $513,836 for the same period in 2024.</li><li>Product Revenue: Revenue from mobile phone products was $8,868,686, accounting for 78% of total revenue, while tablet products contributed $219,545 and wearable products and others added $1,557,962.</li><li>App Service Commission Revenue: App service commission revenue was $745,885 for the three months ended March 31, 2025.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: Gross profit for the three months ended March 31, 2025 was $663,313, compared to a loss of $39,682 for the same period in 2024.</li><li>Operating Expenses: Total operating expenses increased to $4,223,980 for the three months ended March 31, 2025, from $752,927 for the same period in 2024.</li><li>Net Loss: Net loss for the three months ended March 31, 2025 was $4,084,511, compared to $886,570 for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the nine months ended March 31, 2025, net cash used in operating activities was $4,653,662.</li><li>Net Cash Used in Investing Activities: Net cash used in investing activities was $40,236 for the nine months ended March 31, 2025.</li><li>Net Cash Provided by Financing Activities: Net cash provided by financing activities was $7,894,208 for the nine months ended March 31, 2025.</li></ul><h3>Unique Metrics</h3><ul><li>Change in Fair Value of Earnout Liabilities: The change in fair value of earnout liabilities resulted in a gain of $1,032,267 for the three months ended March 31, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to expand its product offerings and launch an IoT platform to manage all end-products sold, aiming to diversify its customer base and reduce reliance on limited suppliers and customers.</li><li>Non-Core Business: The company is assessing the potential impact of recent U.S. tariff changes, which may affect its projected operating results and liquidity.</li></ul>

Foxx Development | 10-Q: FY2025 Q3 Revenue: USD 11.39 M