FIEE Inc. reports third-quarter net sales of $1.94 million and narrows net loss to $253,000

Reuters
11/13
FIEE Inc. reports third-quarter net sales of $1.94 million and narrows net loss to $253,000

FIEE Inc. reported net sales of $1.98 million for the nine months ended September 30, 2025, representing a 210% year-over-year increase from $639,900 in the same period of 2024. Net sales for the third quarter reached $1.94 million, up from $45,000 in the previous quarter. The company's net loss for the three months ended September 30, 2025, was $253,000, significantly reduced from $625,100 in the same period of 2024. For the nine-month period, net loss decreased by approximately 71% year-over-year to $1.27 million. Gross profit for the nine months was $1.65 million, compared to $207,300 a year earlier. The increase in sales was primarily driven by the company's transition to software-as-a-service solutions and the introduction of customized software R&D services, with product sales now focused on MCN digital services and software services. Legacy hardware sales, including cable modems and gateways, were discontinued. Net cash provided by operating activities reached $2.48 million for the nine months ended September 30, 2025.

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. FIEE Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: HK22780) on November 12, 2025, and is solely responsible for the information contained therein.

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