Thu, Apr 10, 3:16 PM (16 days ago)
**Oyocar Group Inc. (OYOCAR) Q1 2025 Financial Summary** Oyocar Group Inc. (OYOCAR) reported its Q1 2025 financial results, highlighting both positive and concerning trends. Revenue surged to $44,085, up from $17,500 in the same period last year, driven by increased sales of used automobiles. However, the company reported a net loss of $2,294, an improvement from the $5,554 loss in Q1 2024, but still indicative of ongoing financial challenges. **Key Financial Metrics:** - **Revenue:** $44,085 (Q1 2025) vs. $17,500 (Q1 2024) - **Gross Profit:** $2,123 (Q1 2025) vs. $1,500 (Q1 2024) - **Operating Expenses:** $4,417 (Q1 2025) vs. $7,054 (Q1 2024) - **Net Loss:** $2,294 (Q1 2025) vs. $5,554 (Q1 2024) - **Cash Flow from Operations:** -$33,166 (Q1 2025) vs. -$13,412 (Q1 2024) **Financial Health and Performance:** - **Total Assets:** $55,378 (Q1 2025) vs. $90,850 (Q4 2024) - **Total Liabilities:** $34,203 (Q1 2025) vs. $36,408 (Q4 2024) - **Stockholders' Equity:** $21,175 (Q1 2025) vs. $54,442 (Q4 2024) **Cash Flow and Liquidity:** - **Cash and Cash Equivalents:** $9,454 (Q1 2025) vs. $42,620 (Q4 2024) - **Net Cash Used in Operating Activities:** -$33,166 (Q1 2025) vs. -$13,412 (Q1 2024) **Future Operations and Uncertainties:** Oyocar Group Inc. faces significant uncertainties, including substantial doubt about its ability to continue as a going concern. The company plans to secure additional capital through equity or debt financing to meet its operating requirements. Management acknowledges the need for further capital to support growth and operational expenses. **Conclusion:** While Oyocar Group Inc. showed improved revenue and reduced losses in Q1 2025, the company continues to face financial challenges. The significant reduction in cash and cash equivalents, along with ongoing losses, highlights the need for strategic financial planning and additional capital infusion to ensure long-term sustainability.