Wed, May 14, 4:55 PM (40 days ago)
**Professional Diversity Network, Inc. (IPDN: PDN) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $1,504,586 (down 12.9% YoY from $1,726,842). - **Net Loss:** $722,062 (improved by 8.2% from $791,832). - **Cash Flow:** Negative $284,131 from operations, $1,300,000 used in investing, $349,413 provided by financing. **Profit Margins:** - **Gross Margin:** Approximately 53.6% (Cost of Revenue: $719,206). - **Operating Margin:** Negative 46.9% (Operating Loss: $705,341). **Segment Performance:** - **TalentAlly Network:** Revenue down 17.4% to $921,000. - **NAPW Network:** Revenue down 24.4% to $96,000. - **RemoteMore:** Revenue up 0.6% to $488,000. **Cash Flow and Liquidity:** - **Cash and Cash Equivalents:** $496,437 (down from $1,731,155). - **Working Capital Deficit:** $1,493,034 (from a surplus of $270,695). - **Capital Raising:** Issued 110,000 shares for $11,000 and 100,000 shares for $338,500. **Uncertainties and Future Operations:** - **Going Concern:** Substantial doubt about continued operations due to negative cash flow and working capital deficit. - **Strategic Actions:** Focus on profitability, cost reduction, and potential mergers/acquisitions. - **Legal and Regulatory:** Ongoing litigation and regulatory compliance challenges. **Trends and Outlook:** - **Revenue Trends:** Decline in recruitment services and membership fees due to market conditions. - **Cost Management:** Reduced sales and marketing, general and administrative expenses. - **Future Operations:** Dependence on raising capital and implementing business strategies to improve liquidity. **Ticker:** PDN **Note:** Amounts are in thousands ($000s).