Mon, Jun 9, 1:11 PM (12 days ago)
**Phoenix Plus Corp. (PXPC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Q1 2025 revenue was $227,910, up from $140,901 in Q1 2024. For the nine months ending April 30, 2025, revenue was $320,540, down from $1,073,259 in the same period of 2024. - **Profit Margins:** Q1 2025 gross profit was $29,458, a significant improvement from a loss of $128,216 in Q1 2024. However, for the nine months ending April 30, 2025, gross profit was $31,405, down from a loss of $76,349 in the same period of 2024. - **Net Loss:** Q1 2025 net loss was $115,081, down from $212,310 in Q1 2024. For the nine months ending April 30, 2025, net loss was $346,760, slightly improved from $369,057 in the same period of 2024. - **Cash Flow:** Operating cash flow for the nine months ending April 30, 2025, was negative $256,857, an improvement from negative $509,914 in the same period of 2024. - **Liquidity:** Cash and cash equivalents as of April 30, 2025, were $156,131, down from $561,363 as of April 30, 2024. **Trends & Uncertainties:** - **Revenue Trends:** Revenue shows significant volatility, with a substantial drop in the nine-month period compared to the previous year. - **Operational Challenges:** The company faces high general and administrative expenses, which significantly impact net income. - **Going Concern:** The company's financial statements raise substantial doubt about its ability to continue as a going concern within one year. **Future Operations Impact:** - **Dependence on Shareholder Support:** The company's ability to continue operations is dependent on improving profitability and continuing financial support from shareholders. - **Legal Proceedings:** The company is involved in legal proceedings that could impact its financial condition. - **Material Weaknesses:** The company has identified material weaknesses in its internal control over financial reporting, which could affect the reliability of its financial statements. **Ticker:** PXPC **Note:** Amounts are in thousands of USD unless otherwise stated.