Revenue: As of FY2025 Q1, the actual value is USD 4.411 M.EPS: As of FY2025 Q1, the actual value is USD -0.09.EBIT: As of FY2025 Q1, the actual value is USD -3.586 M.<h3>Segment Revenue</h3><ul><li>Sales of Transit Buses: $3,675 thousand for the three months ended March 31, 2025, compared to $8,531 thousand for the same period in 2024.</li><li>Sales of EVs: $237 thousand for the three months ended March 31, 2025, compared to $250 thousand for the same period in 2024.</li><li>Sales of Parts: $303 thousand for the three months ended March 31, 2025, with no sales recorded for the same period in 2024.</li><li>Service Revenue: $91 thousand for the three months ended March 31, 2025, with no service revenue recorded for the same period in 2024.</li><li>Lease of EVs: $47 thousand for the three months ended March 31, 2025, compared to $39 thousand for the same period in 2024.</li><li>Sales of Forklifts: No sales recorded for the three months ended March 31, 2025, compared to $39 thousand for the same period in 2024.</li><li>Others: $58 thousand for the three months ended March 31, 2025, compared to $561 thousand for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income (Loss): Net loss of - $3,586 thousand for the three months ended March 31, 2025, compared to net income of $16,774 thousand for the same period in 2024.</li><li>Gross Margin: 30.9% for the three months ended March 31, 2025, compared to 26.6% for the same period in 2024.</li><li>Operating Loss: - $1,936 thousand for the three months ended March 31, 2025, compared to - $10,415 thousand for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: - $2,597 thousand for the three months ended March 31, 2025, compared to - $3,902 thousand for the same period in 2024.</li><li>Net Cash Used in Investing Activities: No investing activity for the three months ended March 31, 2025, compared to - $10,113 thousand for the same period in 2024.</li><li>Net Cash Generated from Financing Activities: $2,661 thousand for the three months ended March 31, 2025, compared to $13,528 thousand for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to improve liquidity and raise additional funds while implementing cost-cutting measures, including operation integration under ONE Phoenix, re-alignment operating units under ONE Goal, and right-sizing workforce under ONE Team.</li><li>Non-Core Business: The company is expanding and strengthening strategic partnerships to outsource design and engineering work for the next generation product to third-party vendors and suppliers to control overall development and supply chain costs.</li><li>Priority: The company is proactively implementing a robust capital market strategy to provide financing through proceeds from public or private stock offerings, debt financings, and potentially federal and state incentive funding programs.</li></ul>

PEVM

Phoenix Motor Inc. | 10-Q: FY2025 Q1 Revenue: USD 4.411 M