The Q1 2025 financial report of EVS shows positive signs in the company’s business operations. Revenue reached 10 million USD, up 15% compared to the same period last year. Gross profit stood at 4 million USD, maintaining a gross profit margin of 40%. Operating expenses saw a slight increase, mainly due to expansion and investment in new technology. EVS also reported positive cash flow, enabling the company to invest in future development projects. The management expects to maintain growth momentum in the coming quarters through new contracts and effective market strategies.
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