Usio Inc., a prominent FinTech company, announced its financial results for the first quarter ending March 31, 2025. The company achieved record revenues of $22.0 million, marking a significant increase from the prior year period. The net loss for the quarter was approximately $0.2 million, or ($0.01) per share, compared to a net loss of $0.3 million, or ($0.01) per share, in the same period last year. This improvement was largely attributed to lower expenses related to stock compensation and depreciation. The company reported an Adjusted EBITDA of $0.7 million, slightly down from $0.8 million recorded a year earlier. Operating cash flows showed a substantial increase, reaching $1.4 million for the first three months of 2025, compared to $0.1 million in the same period of the previous year, driven primarily by a reduction in accounts receivable. Usio's financial position remains robust with $8.7 million in cash and cash equivalents as of March 31, 2025, reflecting a $0.7 million increase in cash balances over the first quarter, despite $350,000 being used to repurchase shares. The company continues to enhance its financial position, expand its market presence, and anticipate incremental revenue from signed contracts, although the timing of revenue ramp-up remains uncertain.