American Vanguard Corporation reported its financial results for the first quarter of 2025, revealing a decrease in net sales to $115.8 million from $135.1 million in the same period the previous year. The company's adjusted EBITDA saw a significant decline, registering $3.0 million compared to $15.5 million in the first quarter of 2024. Additionally, American Vanguard reported a net loss, with earnings per share $(EPS)$ of $(0.30) compared to $0.06 in the prior year. The company has made substantial efforts to reduce operating expenses and improve its balance sheet. Operating expenses decreased by 14% when excluding transformation expenses and a non-recurring item. American Vanguard also reduced its net working capital by $85 million year-over-year and decreased total debt from $187 million to $167 million. CEO Douglas A. Kaye III noted the challenging environment for suppliers to the global agricultural sector, influenced by global economic uncertainty and high interest rates. Despite these challenges, the company has focused on cost containment and strengthening its balance sheet. Looking forward, American Vanguard aims to continue transforming and simplifying its business to improve future margins, targeting further margin enhancement in 2026 and beyond.