Revenue: As of FY2025 Q3, the actual value is USD 2.491 M.EPS: As of FY2025 Q3, the actual value is USD -0.3.EBIT: As of FY2025 Q3, the actual value is USD -960 K.<h3>Segment Revenue</h3><ul><li>Sales of Transit Buses: $1.71 million for the three months ended September 30, 2025, compared to $3.69 million for the same period in 2024. For the nine months ended September 30, 2025, sales were $6.91 million, compared to $22.81 million in 2024.</li><li>Sales of EVs: $0.35 million for the three months ended September 30, 2025, compared to $0.32 million in 2024. For the nine months ended September 30, 2025, sales were $0.58 million, compared to $0.81 million in 2024.</li><li>Sales of Parts: $0.18 million for the three months ended September 30, 2025, compared to $0.18 million in 2024. For the nine months ended September 30, 2025, sales were $0.79 million, compared to $0.23 million in 2024.</li><li>Service Revenue: $0.13 million for the three months ended September 30, 2025, with no comparable revenue in 2024. For the nine months ended September 30, 2025, service revenue was $0.59 million.</li><li>Lease of EVs: $0.07 million for the three months ended September 30, 2025, with no comparable revenue in 2024. For the nine months ended September 30, 2025, lease revenue was $0.16 million.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: For the three months ended September 30, 2025, the net loss was $3.68 million, compared to a net loss of $5.59 million in 2024. For the nine months ended September 30, 2025, the net loss was $8.42 million, compared to a net income of $14.14 million in 2024.</li><li>Gross Margin: For the three months ended September 30, 2025, the gross margin was 26.9%, compared to 23.4% in 2024. For the nine months ended September 30, 2025, the gross margin was 30.6%, compared to 20.8% in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: - $5.79 million for the nine months ended September 30, 2025, compared to - $2.81 million in 2024.</li><li>Net Cash Generated from Financing Activities: $5.31 million for the nine months ended September 30, 2025, compared to $9.92 million 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. Strategies include operational integration, re-establishing cost structures, outsourcing design and engineering work, and implementing cash-saving initiatives.</li><li>Non-Core Business: The company is exploring strategic partnerships to outsource a significant portion of design and engineering work to control development and supply chain costs.</li></ul>

Phoenix Motor Inc. | 10-Q: FY2025 Q3 Revenue: USD 2.491 M