DevvStream | 10-Q: FY2025 Q3 Revenue: USD 10.16 K
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 10.16 K.
EPS: As of FY2025 Q3, the actual value is USD 0.12.
Segment Revenue
- Revenue for the nine months ended April 30, 2025, was $10,164, compared to $0 for the same period in 2024.
Operational Metrics
- Net loss for the nine months ended April 30, 2025, was - $5,091,435, compared to - $6,828,193 for the same period in 2024.
- Gross profit for the nine months ended April 30, 2025, was $7,476.
- Operating expenses for the nine months ended April 30, 2025, were - $9,320,604, compared to - $6,690,061 for the same period in 2024.
Cash Flow
- Net cash used in operating activities for the nine months ended April 30, 2025, was - $4,763,601, compared to - $1,421,362 for the same period in 2024.
- Net cash provided by financing activities for the nine months ended April 30, 2025, was $3,083,417, compared to $1,039,629 for the same period in 2024.
Unique Metrics
- Change in fair value of warrant liabilities resulted in a gain of $5,651,008 for the nine months ended April 30, 2025.
- Impairment of carbon credits was - $1,207,782 for the nine months ended April 30, 2025.
Future Outlook and Strategy
- Core Business Focus: DevvStream Corp. aims to expand its offset portfolio and project development in the carbon market, focusing on I-REC’s, nature-based, tech-based, and carbon sequestration credits.
- Non-Core Business: The company is involved in strategic consulting agreements and equity line of credit arrangements to support its financial and operational strategies.