Thu, May 8, 5:13 PM (14 days ago)
**InfuSystem Holdings, Inc. (INFU) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $34.7 million, up 8.5% from Q1 2024. - **Gross Profit:** $19.2 million, a 16.3% increase from Q1 2024. - **Operating Income:** $618,000, a significant improvement from a loss of $845,000 in Q1 2024. - **Net Loss:** $267,000, improved from a net loss of $1.1 million in Q1 2024. - **Cash Flow:** $1.8 million provided by operating activities, up from $377,000 in Q1 2024. **Profit Margins:** - **Gross Margin:** 55.2%, up from 51.5% in Q1 2024. - **Operating Margin:** 1.8%, improved from -2.6% in Q1 2024. **Cash Flow:** - **Operating Cash Flow:** $1.8 million, a significant increase from $377,000 in Q1 2024. - **Investing Cash Flow:** $2.7 million used, up from $418,000 in Q1 2024. - **Financing Cash Flow:** $1.9 million provided, up from $632,000 in Q1 2024. **Earnings Changes:** - **EPS:** Basic and diluted loss per share improved to $0.01 from $0.05 in Q1 2024. **Quarterly Performance Discussion:** - **Revenue Growth:** Driven by increased treatment volume and third-party payer collections. - **Gross Profit Improvement:** Due to higher net revenues and improved gross margin. - **Operating Income:** Significant improvement due to higher gross profit and controlled expenses. - **Cash Flow:** Positive operating cash flow indicates improved liquidity. **Trends and Uncertainties:** - **Revenue Trends:** Positive growth in both Patient Services and Device Solutions segments. - **Margin Trends:** Improved gross and operating margins. - **Uncertainties:** Dependence on healthcare reimbursement policies, competitive landscape, and economic conditions. **Future Operations Impact:** - **Liquidity:** Adequate with $47.6 million available. - **Debt:** Compliance with covenants under the 2021 Credit Agreement. - **Share Repurchase:** $4.1 million spent on repurchasing 553,745 shares under the Share Repurchase Program. **Segment Performance:** - **Patient Services:** Revenue up 11.7%, gross profit up 7.4%. - **Device Solutions:** Revenue up 4.0%, gross profit up 42.4%. **Conclusion:** InfuSystem Holdings, Inc. (INFU) showed strong quarterly financial health with improved revenue, profit margins, and cash flow. The company's strategic initiatives and operational efficiencies contributed to the positive performance. However, uncertainties in the healthcare sector and economic conditions may impact future operations.