Agenda
Key Highlights
Financial & Business Review
Operational & Business Updates
3
KEY HIGHLIGHTSKey Highlights for Q1 2025
Revenue increased by 58.76% YoY to $10.90 million, primarily due to
the increase of sales volume of corrugating medium paper ("CMP"), partially offset by the decrease in average selling prices ("ASP") of CMP.
Gross profit down 78.93% YoY to $0.08 million, primarily due to factors described above. Overall gross margin down 5.04 percentage points to 0.77%.
Loss from operations was $3.38 million, compared to loss from operations of $3.50 million for the same period of last year.
Net loss was $3.50 million, or loss per share of $0.35, compared to net loss of $3.75 million, or loss per share of $0.37, for the same period of last year.
Earnings before interest, taxes, depreciation and amortization ("EBITDA") was $0.18 million, compared to EBITDA of -$0.02 million for the same period of last year.
5
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |