The financial report for Q1 2025 of SMT highlights key points regarding the company’s business performance. Total revenue reached $75 million, a 10% increase compared to the same period last year. Gross profit was $30 million, with a gross profit margin of 40%. However, operating costs also increased, particularly employee and marketing expenses. Net profit for this quarter was $10 million, down 5% from Q1 2024. The company also reported an increase in cash and cash equivalents, totaling $20 million, reflecting improved cash flow management. SMT predicts continued revenue growth in upcoming quarters due to new products and market expansion. The company is also investing in technology to enhance production efficiency. Nonetheless, they remain concerned about competitive pressures and global economic volatility that could impact business operations in the future.
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