Tue, May 20, 1:49 PM (55 days ago)
**General Enterprise Ventures, Inc. (GEVI) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $969,382 (up 124% YoY from $433,018) - Product sales: $604,482 - Product installation services: $364,900 - **Net Loss:** $(10,903,404) (up 210% YoY from $(3,519,710)) - **Operating Expenses:** $4,427,838 (up 44% YoY from $3,069,564) - Significant increases in cost of revenue, payroll, and management compensation - **Other Expenses:** $7,444,948 (up 743% YoY from $883,164) - Primarily due to financing expenses and changes in derivative liability - **Cash Flow:** Net increase of $2,965,203 (from $(178,660) in Q1 2024) - Primarily from financing activities ($3,706,109) **Profit Margins:** - **Gross Margin:** Negative due to high operating expenses - **Operating Margin:** Negative due to high operating expenses **Cash Flow:** - **Operating Cash Flow:** $(713,918) (from $(343,660) in Q1 2024) - **Investing Cash Flow:** $(26,988) (from $0 in Q1 2024) - **Financing Cash Flow:** $3,706,109 (from $165,000 in Q1 2024) **Earnings Changes:** - **EPS:** $(0.23) (from $(0.04) in Q1 2024) **Trends and Uncertainties:** - **Revenue Growth:** Positive trend with increased product sales and new services - **Expense Management:** Challenges with high operating and other expenses - **Liquidity:** Improved cash position but still reliant on financing - **Going Concern:** Substantial doubt about the ability to continue as a going concern within one year **Future Operations Impact:** - **Fundraising:** Plans to raise additional capital and complete a public offering - **Market Expansion:** Continued focus on wildfire defense and insurance markets - **Operational Efficiency:** Need to manage expenses and improve profitability **Key Metrics:** - **Current Assets:** $5,008,943 (up 210% YoY) - **Current Liabilities:** $4,960,105 (up 129% YoY) - **Working Capital:** $48,838 (from $(544,405) in Q1 2024) **Conclusion:** GEVI showed significant revenue growth in Q1 2025 but continues to face substantial financial challenges. The company needs to address high operating expenses and improve profitability to ensure long-term sustainability. Future operations will depend on successful fundraising and market expansion efforts.