Energy Focus Inc. Reports Q1 2025 Sales Drop of 26.1%, Net Loss of $0.3M, EPS at $(0.05)

Reuters
2025/05/13
<a href="https://laohu8.com/S/EFOI">Energy Focus Inc.</a> Reports Q1 2025 Sales Drop of 26.1%, Net Loss of $0.<a href="https://laohu8.com/S/MMM">3M</a>, EPS at $(0.05)

Energy Focus, Inc. reported its financial results for the first quarter of 2025, revealing a net sales decrease to $0.6 million, down by 26.1% compared to $0.8 million in the first quarter of 2024. The decline was primarily attributed to a 22.7% reduction in military sales and a 32.1% drop in commercial sales, largely influenced by the U.S. election cycle and high inflation impacting military demand. The company reported a net loss of $0.3 million for the first quarter of 2025, an improvement from the $0.4 million net loss in the same quarter of the previous year. Adjusted EBITDA showed a loss of $0.3 million, improving from a $0.6 million loss in the first quarter of 2024, driven by higher variable margins. Energy Focus, Inc. also noted that net cash used in operating activities amounted to $0.3 million for the quarter, with $0.2 million generated through timely accounts receivable collections. The company highlighted ongoing liquidity constraints and the challenges posed by global economic conditions in securing funding on acceptable terms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Focus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-024873), on May 13, 2025, and is solely responsible for the information contained therein.

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