Femto Technologies Reports 34% Revenue Decrease and 65% Reduction in Net Loss for Q1 2025, EPS Down 99%

Reuters

2025/05/16

Femto Technologies Reports 34% Revenue Decrease and 65% Reduction in Net Loss for Q1 2025, EPS Down 99%

Femto Technologies Inc. has announced its financial results for the first quarter of 2025. The company reported a revenue of $202,962 for the three-month period ending March 31, 2025, marking a decrease of 34% from $308,968 during the same period in 2024. Gross profit also saw a decline, dropping to 7% compared to 21% in the previous year. Despite the decrease in revenue and gross profit, Femto Technologies experienced a significant reduction in net loss, which decreased by 65% to $10.677 million, compared to a net loss of $30.617 million in Q1 2024. The company's working capital showed an increase, reaching $22.332 million as of March 31, 2025, up from $4.122 million on December 31, 2024. Additionally, total assets increased to $48.519 million from $30.241 million over the same period. The total number of shares outstanding as of March 31, 2025, was reported to be 5,853.

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. Femto Technologies Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 1AD4FQRed) on May 15, 2025, and is solely responsible for the information contained therein.

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ID: 1AD4FQRed) on May 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FMTO","symbol_name":"Femto Technologies Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL5p3l9C:1","article_id":"2535805786","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535805786","pubTimestamp":1747344060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Femto Technologies Inc. has announced its financial results for the first quarter of 2025. 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