<span item_type="fundamental" item_id="20a0b7a3fa20a795ce8843b31e774662" counter_id="ST/US/ZEOWW" env="prod"></span><span item_type="announcement" item_id="528061290612399874" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 8.784 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.48.</p><p>EBIT: As of FY2025 Q1, the actual value is USD -12.8 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenue for the three months ended March 31, 2025, was $8,783,695, a decrease from $20,142,156 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: The net loss for the three months ended March 31, 2025, was - $13,319,363, compared to - $4,107,102 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li><li><strong>Gross Margin</strong>: Gross margin improved to 43.0% for the three months ended March 31, 2025, from 29.9% for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li><li><strong>Operating Expenses</strong>: Total operating expenses decreased to $22,295,093 for the three months ended March 31, 2025, from $24,190,704 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: Net cash used in operating activities was - $2,263,438 for the three months ended March 31, 2025, compared to - $10,151,989 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: Net cash used in investing activities was - $372,578 for the three months ended March 31, 2025, compared to - $226,076 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Depreciation and Amortization</strong>: Depreciation and amortization expenses increased significantly to $4,900,729 for the three months ended March 31, 2025, from $459,529 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to expand its presence in the residential market into additional states and continue its growth by increasing its in-house sales force and external sales dealers in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li><li><strong>Non-Core Business</strong>: The company plans to expand its roofing business in all markets it enters in the future, facilitating faster processing times for solar installations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025054762/ea0245373-10q_zeo.htm"></span></li></ul>

ZEO ENERGY CORP C/WTS 13/03/2029 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 8.784 M