The financial report for Q1 2025 of SCY shows strong growth compared to the same period last year. Revenue reached $15 million, up 25% due to increased sales and market expansion. Gross profit also increased to $8 million, with an improved gross profit margin of 53%. Operating costs rose but remained controlled, increasing only 10% compared to Q1 2024. Net profit reached $4 million, a 30% increase year-on-year. SCY announced plans for further market expansion and increased production capacity to meet rising demand. The company’s liquidity improved with a debt-to-equity ratio of 0.5, indicating financial sustainability. Overall, this quarter’s financial results show SCY is on the right track with a positive outlook for future quarters.
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