The Q1/2025 financial report of SPD shows strong revenue growth compared to the previous quarter. Revenue reached $1.5 million, up 20% from the previous quarter and 35% year-on-year. Net profit reached $300,000, marking a 15% increase from last month and 25% year-on-year. The company improved its gross profit margin due to better cost management. Operating expenses decreased by 10% thanks to savings from optimized production processes and reduced marketing costs. Additionally, SPD continues to invest in new technology to enhance productivity and product quality. The outlook for the upcoming quarters is also very positive, with plans to launch new products to expand the market and drive revenue growth.
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