Sobr Safe | 10-Q: FY2025 Q2 Revenue: USD 104.23 K

Revenue: As of FY2025 Q2, the actual value is USD 104.23 K.

EPS: As of FY2025 Q2, the actual value is USD -1.32.

Segment Revenue

• Revenues: For the three months ended June 30, 2025, revenues were $104,228, an increase of 92.3% compared to $54,191 for the same period in 2024. For the six months ended June 30, 2025, revenues were $190,845, an increase of 86.8% compared to $102,181 for the same period in 2024.

Operational Metrics

• Gross Profit: For the three months ended June 30, 2025, gross profit was $59,884 with a gross margin of 57.5%. For the six months ended June 30, 2025, gross profit was $110,848 with a gross margin of 58.1%.
• Operating Expenses: Total operating expenses for the three months ended June 30, 2025, were $2,128,955, compared to $1,890,270 for the same period in 2024. For the six months ended June 30, 2025, total operating expenses were $4,133,026, compared to $3,622,264 for the same period in 2024.
• Net Loss: For the three months ended June 30, 2025, net loss was $1,995,485, compared to $2,077,374 for the same period in 2024. For the six months ended June 30, 2025, net loss was $3,874,540, compared to $4,583,295 for the same period in 2024.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities for the six months ended June 30, 2025, was $3,313,203, compared to $3,049,161 for the same period in 2024.
• Financing Activities: Net cash provided by financing activities for the six months ended June 30, 2025, was $3,395,483, primarily from the exercise of warrants.

Unique Metrics

• SOBRsure Device Sales: Sales of SOBRsure devices increased by 150.5% for the six months ended June 30, 2025, compared to the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: SOBR Safe, Inc. plans to enhance revenue generation with the release of its second-generation SOBRsure device and a comprehensive marketing plan. The company aims to leverage its cash balances and working capital to support ongoing operations for the next twelve months.
• Non-Core Business: The company is exploring possible integrations with existing systems and licensing by non-competitive third parties to expand its market reach.