Revenue: As of FY2025 Q3, the actual value is USD 17.26 M.EPS: As of FY2025 Q3, the actual value is USD -0.17.EBIT: As of FY2025 Q3, the actual value is USD -776 K.<h3>Segment Revenue</h3><ul><li>United States: $15,280 thousand for Q3 2025, $15,468 thousand for Q3 2024; $48,056 thousand for nine months ended September 30, 2025, $47,854 thousand for nine months ended September 30, 2024.</li><li>Canada: $1,742 thousand for Q3 2025, $1,659 thousand for Q3 2024; $5,310 thousand for nine months ended September 30, 2025, $5,293 thousand for nine months ended September 30, 2024.</li><li>Spain: $242 thousand for Q3 2025, $224 thousand for Q3 2024; $706 thousand for nine months ended September 30, 2025, $766 thousand for nine months ended September 30, 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Sales: $17,264 thousand for Q3 2025, $17,351 thousand for Q3 2024; $54,072 thousand for nine months ended September 30, 2025, $53,913 thousand for nine months ended September 30, 2024.</li><li>Gross Profit: $10,170 thousand for Q3 2025, $10,022 thousand for Q3 2024; $31,460 thousand for nine months ended September 30, 2025, $30,960 thousand for nine months ended September 30, 2024.</li><li>Gross Margin Percentage: 58.9% for Q3 2025, 57.8% for Q3 2024; 58.2% for nine months ended September 30, 2025, 57.4% for nine months ended September 30, 2024.</li><li>Operating Expenses: $10,848 thousand for Q3 2025, $10,289 thousand for Q3 2024; $31,811 thousand for nine months ended September 30, 2025, $30,515 thousand for nine months ended September 30, 2024.</li><li>Loss from Operations: -$678 thousand for Q3 2025, -$267 thousand for Q3 2024; -$351 thousand for nine months ended September 30, 2025, $445 thousand for nine months ended September 30, 2024.</li><li>Net (Loss) Income: -$1,352 thousand for Q3 2025, -$132 thousand for Q3 2024; $10,032 thousand for nine months ended September 30, 2025, $495 thousand for nine months ended September 30, 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash (Used in) Provided by Operating Activities: -$5,536 thousand for nine months ended September 30, 2025, $37 thousand for nine months ended September 30, 2024.</li><li>Net Cash (Used in) from Investing Activities: $18,307 thousand for nine months ended September 30, 2025, -$2,315 thousand for nine months ended September 30, 2024.</li><li>Net Cash (Used in) from Financing Activities: -$14,215 thousand for nine months ended September 30, 2025, -$1 thousand for nine months ended September 30, 2024.</li><li>Effect of Exchange Rate Changes on Cash and Cash Equivalents: $191 thousand for nine months ended September 30, 2025, $175 thousand for nine months ended September 30, 2024.</li><li>Net Decrease in Cash and Cash Equivalents: -$1,253 thousand for nine months ended September 30, 2025, -$2,104 thousand for nine months ended September 30, 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Gain on Disposal of Headquarters: $16,225 thousand for nine months ended September 30, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company continues to focus on improving financial sustainability and profitability by managing operating expenses and gross margin to deliver free operating cash and operating income despite possible economic headwinds. Selective investment in profitable sales growth will continue where it makes sense, but rebuilding a durable, profitable business model remains the highest priority.</li><li>Non-Core Business: The company finalized the sale of its corporate headquarters and distribution facilities in Fort Worth, Texas, for net proceeds of $24.9 million and signed a 10-year lease for new corporate headquarters and distribution facilities in Benbrook, Texas, with the ability to renew the lease for an additional 10 years at market rate.</li></ul>

Tandy Leather Factory | 10-Q: FY2025 Q3 Revenue: USD 17.26 M