Thu, May 15, 7:45 PM (38 days ago)
**Summary of Banzai International, Inc. (BNZI) Q1 2025 Financial Performance** **Revenue and Profit Margins:** - **Revenue:** $3,379,083 (up 213.2% YoY) - **Cost of Revenue:** $605,999 (up 59.1% YoY) - **Gross Profit:** $2,773,084 (up 297.3% YoY) - **Operating Expenses:** $7,679,779 (up 87.3% YoY) - **Operating Loss:** $(4,906,695) (up 44.2% YoY) - **Net Loss:** $(3,643,479) (down 15.1% YoY) **Cash Flow:** - **Net Cash Used in Operating Activities:** $(4,975,702) (up 135.0% YoY) - **Net Cash Provided by Financing Activities:** $7,346,449 (up 599.6% YoY) **Earnings Changes:** - **Net Loss per Share:** $(0.15) (down 90.8% YoY) **Quarterly Performance Discussion:** - **Revenue Growth:** Significant increase in revenue driven by acquisitions of OpenReel and Vidello. - **Operating Expenses:** Increase due to additional costs from OpenReel and Vidello, salaries, marketing, and professional services. - **Cash Flow:** Positive cash flow from financing activities offset by significant cash used in operating activities. **Trends and Uncertainties:** - **Going Concern:** Substantial doubt about the company's ability to continue as a going concern within one year. - **Debt and Financing:** Reliance on debt and equity financing to support operations and expansion. - **Market Position:** Strategic acquisitions to enhance product offerings and market position. **Future Operations Impact:** - **Acquisitions:** Continued focus on acquisitions to drive growth and strengthen competitive position. - **Financing:** Need to secure additional financing to support operations and planned business activities. - **Operational Efficiency:** Focus on improving operational efficiency to reduce costs and improve profitability.