In the Q1 2025 financial report of FOX, the company experienced a 15% revenue growth compared to the same period last year, reaching $500 million. The gross profit margin improved to 35%, due to reduced production costs and optimized operations. However, a 10% increase in marketing expenses affected net profit, which reached $50 million, down 5% from Q1 2024. Additionally, FOX announced plans to expand production into new Asian markets in the coming months to boost revenue. The board of directors intends to maintain a stable dividend policy, distributing $0.25 per share. The company also emphasized that new product launches were well received by the market, expected to drive revenue growth in upcoming quarters.
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