Mon, May 19, 9:05 PM (32 days ago)
**Elite Performance Holding Corp. (EPH, Ticker: EPHC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $0 (Q1 2024: $70) - **Net Loss:** $281,547 (Q1 2024: $496,619) - **Operating Expenses:** $218,682 (Q1 2024: $455,064) - **Cash Flow from Operations:** -$64,590 (Q1 2024: -$102,348) - **Cash Flow from Financing:** $64,590 (Q1 2024: $102,408) **Profit Margins:** - **Gross Margin:** N/A (No revenue) - **Operating Margin:** N/A (No revenue) **Liquidity & Capital Resources:** - **Current Assets:** $20,804 (Q1 2024: $14,069) - **Current Liabilities:** $2,994,126 (Q1 2024: $2,718,734) - **Working Capital Deficit:** $2,988,326 (Q1 2024: $2,704,665) - **Accumulated Deficit:** $11,465,321 (Q1 2024: $11,183,774) **Trends & Uncertainties:** - **Revenue Growth:** None, as the company has not generated revenue in Q1 2025. - **Expense Management:** Operating expenses decreased by $236,382, primarily due to reduced consulting expenses. - **Funding:** The company relies on convertible notes and related-party advances for financing. - **Going Concern:** The company's ability to continue as a going concern is dependent on raising additional capital and implementing its business plan. **Future Operations & Impact:** - **Product Launch:** EPH plans to launch its sports beverage, B.Y.L.T., in regional expansions. - **Market Opportunity:** The sports drink market is expected to grow, with a projected $15 billion market by 2027. - **Risks:** The company faces risks related to competition, technological advances, and the need to secure additional funding. **Stock Information:** - **Shares Outstanding:** 12,624,876 (Q1 2024: 12,063,884) - **Stock Price:** Not provided. **Conclusion:** EPH continues to face significant financial challenges, with no revenue generated in Q1 2025 and a substantial accumulated deficit. The company's ability to continue as a going concern is dependent on its ability to raise additional capital and successfully launch its product. Investors should monitor the company's progress in securing funding and executing its business plan.