Tue, May 13, 8:52 PM (61 days ago)
**Hudson Global, Inc. (HSON) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $31.9 million, down 6.0% YoY, primarily due to a decline in Australia. - **Profit Margins:** Operating loss of $1.7 million, improved from $3.0 million in Q1 2024. - **Cash Flow:** Net cash used in operating activities was $0.8 million, an improvement from $1.8 million in Q1 2024. - **Earnings:** Net loss of $1.8 million, improved from $2.9 million in Q1 2024. **Segment Performance:** - **Americas:** Revenue up 14%, driven by contracting revenue. EBITDA loss improved by $0.7 million. - **Asia Pacific:** Revenue down 7%, but EBITDA turned positive at $0.3 million. - **EMEA:** Revenue down 7%, EBITDA loss widened to $0.6 million. **Trends & Uncertainties:** - Persistent inflation, higher interest rates, and market uncertainty continue to challenge the business. - The company expects these conditions to persist into Q2 2025. - The company has sufficient liquidity to meet its needs for at least the next 12 months. **Future Operations:** - The company will continue to explore strategic alternatives to maximize shareholder value. - It will monitor capital markets for share repurchase opportunities and review potential acquisitions or dispositions. - The company expects to make capital expenditures of less than $0.5 million for the full year 2025. **Risk Factors:** - The company faces risks related to global economic fluctuations, competition, client relationships, and operational challenges. - It also faces risks related to international operations, including foreign currency fluctuations and geopolitical events. **Financial Position:** - As of March 31, 2025, the company had $17.2 million in cash, cash equivalents, and restricted cash. - The company has the capability to borrow an additional $4 million Australian dollars under the NAB Facility Agreement.