Fri, May 16, 9:24 PM (27 days ago)
**Integrated Ventures, Inc. (INTV) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** Q1 2025 revenue was $281,318, down from $1,983,250 in Q1 2024, due to discontinued digital asset mining operations. New revenue streams from online sales and commissions contributed $5,222 and $276,096, respectively. - **Profit Margins:** The company reported a net loss of $588,630 for Q1 2025, compared to a net income of $225,006 in Q1 2024. The loss was primarily due to increased operating expenses and discontinued mining operations. - **Cash Flow:** The company generated negative cash flow from operations, using $739,728 in Q1 2025. This was offset by positive cash flow from investing activities, primarily from the sale of digital assets. **Key Metrics and Trends:** - **Digital Assets:** The company's digital assets at fair value totaled $836 as of March 31, 2025, down from $1,714,076 in Q1 2024. The company sold digital assets to fund operations. - **Operational Changes:** The company discontinued its digital asset mining operations in June 2024 and is exploring new opportunities in the health and wellness sector. - **Uncertainties:** The company faces significant uncertainties, including substantial doubt about its ability to continue as a going concern due to recurring net losses and negative cash flow. **Future Operations and Impact:** - **Health and Wellness Sector:** The company has entered the health and wellness sector, with new revenue streams from online sales and commissions. - **Capital Raising:** The company plans to raise capital through debt and/or equity markets to fund working capital requirements and support new operations. - **Going Concern:** The company's ability to continue as a going concern is dependent on successful execution of its business plan and obtaining necessary financing.