Mon, May 12, 12:00 PM (43 days ago)
**Luduson G Inc. (LDSN) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $0 (Q1 2024: $1,500,000) - **Net Loss:** $3,524 (Q1 2024: Net Income of $1,463,422) - **Total Assets:** $12,055 (Q1 2024: $12,055) - **Total Liabilities:** $104,382 (Q1 2024: $100,858) - **Cash and Cash Equivalents:** $12,055 (Q1 2024: $12,055) - **Accumulated Deficit:** $22,786,438 (Q1 2024: $22,782,914) **Profit Margins:** - **Gross Profit Margin:** 0% (Q1 2024: 100%) - **Operating Margin:** -100% (Q1 2024: 99.67%) **Cash Flow:** - **Net Cash Used in Operating Activities:** $0 (Q1 2024: $29,635 used) - **No Cash Flows from Investing or Financing Activities** **Earnings Changes:** - **Net Loss Increase:** $3,524 (Q1 2024: Net Income of $1,463,422) **Quarterly Performance Discussion:** - **Revenue:** No revenue generated in Q1 2025, down from $1,500,000 in Q1 2024. - **Expenses:** General and administrative expenses were $3,524, down from $4,943 in Q1 2024. - **Liquidity:** The company has $12,055 in cash and cash equivalents, unchanged from Q1 2024. **Trends and Uncertainties:** - **Revenue Trend:** Significant decline in revenue, indicating potential operational or market challenges. - **Expense Management:** Slight reduction in general and administrative expenses. - **Liquidity:** Stable cash position, but no new cash inflows from operations or financing activities. - **Future Operations Impact:** The company plans to implement a revised business plan, requiring approximately $1.5 million over the next 12 months. **Future Outlook:** - **Strategic Initiatives:** The company is refining its restructuring plan and evaluating new opportunities to drive sustainable growth. - **Risk Factors:** Volatility in interest rates, regulatory uncertainties in Hong Kong, and potential cybersecurity risks. - **Cybersecurity:** The company is developing a formal cybersecurity policy to mitigate risks. **Conclusion:** Luduson G Inc. faced significant challenges in Q1 2025, with no revenue generation and a net loss. The company is focusing on strategic initiatives and risk management to improve its financial health and operational efficiency.