earnings
confidence high
sentiment neutral
materiality 0.75
Lakeside Holding FY2024 revenue up 42.3% to $18.3M; net loss of $0.2M vs prior net income
Lakeside Holding Ltd
2025-Q1 EPS reported
-$0.18
revenue$4,081,554
- Revenue $18.3M, +42.3% YoY; airfreight surged 117.6% to $10.4M.
- Net loss $0.2M vs net income $1.0M in FY2023; driven by 77.5% increase in G&A expenses.
- Gross profit $3.7M, +44.9%; gross margin expanded to 20.3% from 19.9%.
- July IPO raised $6.75M; new e-commerce partnerships; Dallas expansion to 46,657 sq ft.
- Cross-border airfreight volumes doubled to over 26,000 tons.