Tue, May 20, 8:41 PM (31 days ago)
**PHI Group, Inc. (PHI) - Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** PHI reported no revenue for Q1 2025, consistent with Q1 2024. - **Profit Margins:** The company incurred a net loss of $480,682 for Q1 2025, an improvement from the $1,690,405 loss in Q1 2024. - **Cash Flow:** Cash used in operating activities was $2,164,824 for the nine months ending March 31, 2025, a decrease from $3,210,627 in the same period of 2024. Cash provided by financing activities was $2,164,598 for Q1 2025, down from $3,252,606 in Q1 2024. - **Earnings Changes:** The net loss per share was $0.00 for both Q1 2025 and Q1 2024. **Operational Trends and Uncertainties:** - **Operating Expenses:** Total operating expenses decreased to $99,662 in Q1 2025 from $220,960 in Q1 2024, primarily due to reduced professional services costs. - **Future Operations:** PHI aims to close pending financing agreements, advance the Philux Global Select Growth Fund, develop the Asia Diamond Exchange, and commercialize geomagnetic energy technologies. - **Uncertainties:** The company faces going concern uncertainties due to accumulated deficits and stockholders' deficit, totaling $88,020,027 and $11,644,943, respectively, as of March 31, 2025. **Key Metrics:** - **Cash and Cash Equivalents:** $77 as of March 31, 2025, down from $41,745 in 2024. - **Total Assets:** $32,522 as of March 31, 2025, down from $90,856 in 2024. - **Total Liabilities:** $11,677,465 as of March 31, 2025, up from $9,744,823 in 2024. **Subsequent Events:** - **Consultancy Agreements:** PHI agreed to additional payments to a consultant for services related to the Asia Diamond Exchange and International Financial Center projects. - **Asset Management Agreement:** PHI signed an agreement to manage a $120 million investment portfolio. **Risk Factors:** - **Operational Risks:** Dependence on key personnel and the ability to attract and retain qualified staff. - **Market Risks:** Exposure to currency fluctuations, interest rate changes, and market volatility. - **Legal Risks:** Pending litigation and potential settlements that could impact financial results. **Conclusion:** PHI Group, Inc. continues to face financial challenges, with no revenue and significant losses. The company is focused on closing financing agreements and advancing key projects, but uncertainties and risks remain. Investors should monitor the company's progress in securing financing and executing its business plan.