The Q1/2025 financial report of VCX shows that the company recorded a 15% increase in revenue compared to the same period last year, reaching 1 million USD. Operating costs rose due to investment in new technology, leading to a slight decrease in gross profit. Pre-tax profit reached 200,000 USD, down 5% from Q1 2024.
The company also announced plans to expand markets and focus on new product development in the upcoming quarters. VCX’s total assets at the end of Q1 stood at 5 million USD, while liabilities amounted to 2 million USD, indicating stable financial conditions. Management believes that wise capital use will help boost growth in the coming quarters. In conclusion, VCX is on the road to recovery with a clear expansion plan, despite a slight decrease in profits.
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