Yoshiharu Global Co., the restaurant operator specializing in authentic Japanese ramen and rolls, reported its financial results for the first quarter ended March 31, 2025. The company achieved a 25% increase in sales, totaling $3.5 million, compared to $2.8 million in the same period in 2024. Despite the growth in sales, Yoshiharu reported a net loss of $1.4 million, a greater loss compared to the $876,205 net loss in the first quarter of 2024. The company's operating loss increased to $1.3 million from a $0.8 million loss in the previous year, primarily due to an increase in operating expenses associated with higher sales. However, the company saw a significant improvement in its cash balance, which rose by 59% to $3.0 million from $1.2 million at the end of the previous year. In terms of strategic financial movements, Yoshiharu secured financing commitments amounting to $3.56 million from multiple parties and converted $2.5 million in debt to equity. These actions enabled the company to regain compliance with the stockholders' equity requirement for continued listing on Nasdaq.
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