earnings
confidence high
sentiment negative
materiality 0.75
Lakeside Q1 FY2025 revenue down 1.6%, net loss quadruples to $1.3M
Lakeside Holding Ltd
2025-Q1 EPS reported
-$0.18
revenue$4,081,554
- Total revenue $4.08M, down 1.6% YoY; net loss widened to $1.3M from $0.3M.
- Gross profit fell 19.3% to $0.5M; gross margin contracted to 12.8% from 15.6%.
- G&A expenses surged 114.7% to $1.8M, driven by higher salaries and professional fees.
- Airfreight revenue dropped 8.2% to $2.2M on lower volume; ocean freight rose 7.8% to $1.8M.
- Asia-based customer revenue jumped 65.8% to $2.8M, offsetting a 48.2% decline from US-based customers.