PCS Edventures! Reports Unaudited Results for the Second Quarter of Fiscal Year 2025
PCS Edventures! reported unaudited Q2 FY2025 results with revenue of $2.27 million, down from $3.77 million in the same period last year. Net income before tax decreased to $0.55 million from $1.81 million year-over-year. The company ended with $4.01 million in cash.
The revenue decline was primarily due to reduced orders from two major customers for Discover Drones product, dropping to $0.45 million from $2.08 million last year. Excluding these customers, core revenue grew from $1.69 million to $1.82 million year-over-year.
PCS Edventures! ha riportato risultati non verificati per il secondo trimestre dell'anno fiscale 2025, con entrate pari a 2,27 milioni di dollari, in calo rispetto ai 3,77 milioni di dollari nello stesso periodo dell'anno scorso. Il reddito netto prima delle tasse è diminuito a 0,55 milioni di dollari, rispetto a 1,81 milioni di dollari dell'anno precedente. L'azienda ha concluso con 4,01 milioni di dollari in contante.
La diminuzione delle entrate è stata principalmente dovuta alla riduzione degli ordini da parte di due clienti principali per il prodotto Discover Drones, che è sceso a 0,45 milioni di dollari, rispetto ai 2,08 milioni di dollari dell'anno scorso. Escludendo questi clienti, le entrate principali sono cresciute da 1,69 milioni a 1,82 milioni di dollari rispetto all'anno precedente.
PCS Edventures! ha reportado resultados no auditados para el segundo trimestre del año fiscal 2025, con ingresos de 2,27 millones de dólares, por debajo de los 3,77 millones de dólares en el mismo período del año pasado. El ingreso neto antes de impuestos disminuyó a 0,55 millones de dólares desde 1,81 millones de dólares en comparación interanual. La empresa terminó con 4,01 millones de dólares en efectivo.
La caída de ingresos fue principalmente debido a la reducción de pedidos de dos clientes importantes para el producto Discover Drones, cayendo a 0,45 millones de dólares desde 2,08 millones de dólares el año pasado. Excluyendo a estos clientes, los ingresos centrales crecieron de 1,69 millones a 1,82 millones de dólares interanualmente.
PCS Edventures!는 비감사 2025 회계연도 2분기 결과를 보고하며 매출 227만 달러를 기록했으며, 이는 지난해 동일 기간의 377만 달러에서 감소한 수치입니다. 세전 순이익은 지난해 181만 달러에서 55만 달러로 감소했습니다. 이 회사는 현금 401만 달러로 마감했습니다.
매출 감소는 Discover Drones 제품에 대한 두 개의 주요 고객의 주문 감소 때문으로, 지난해 208만 달러에서 45만 달러로 떨어졌습니다. 이러한 고객을 제외하면, 핵심 매출은 지난해 169만 달러에서 182만 달러로 증가했습니다.
PCS Edventures! a rapporté des résultats non audités pour le deuxième trimestre de l'exercice 2025, avec des revenus de 2,27 millions de dollars, en baisse par rapport à 3,77 millions de dollars au cours de la même période l'année dernière. Le revenu net avant impôts a diminué à 0,55 million de dollars contre 1,81 million de dollars d'une année sur l'autre. L'entreprise a terminé avec 4,01 millions de dollars en liquidités.
La baisse des revenus est principalement due à la réduction des commandes de deux clients majeurs pour le produit Discover Drones, tombant à 0,45 million de dollars contre 2,08 millions de dollars l'année dernière. En excluant ces clients, les revenus principaux ont augmenté de 1,69 million à 1,82 million de dollars d'une année sur l'autre.
PCS Edventures! hat ungeprüfte Ergebnisse für das zweite Quartal des Geschäftsjahres 2025 veröffentlicht, mit Einnahmen von 2,27 Millionen Dollar, was einen Rückgang gegenüber 3,77 Millionen Dollar im gleichen Zeitraum des Vorjahres darstellt. Der Nettogewinn vor Steuern sank auf 0,55 Millionen Dollar von 1,81 Millionen Dollar im Jahresvergleich. Das Unternehmen schloss mit 4,01 Millionen Dollar in bar.
Der Rückgang der Einnahmen war hauptsächlich auf reduzierte Bestellungen von zwei großen Kunden für das Produkt Discover Drones zurückzuführen, die von 2,08 Millionen Dollar im letzten Jahr auf 0,45 Millionen Dollar fielen. Ohne diese Kunden wuchsen die Kerneinnahmen im Vergleich zum Vorjahr von 1,69 Millionen Dollar auf 1,82 Millionen Dollar.
- Cash position remains strong at $4.01 million
- Core revenue (excluding major drone customers) grew from $1.69M to $1.82M
- Company investing in capacity expansion for anticipated future growth
- Revenue declined 39.8% YoY to $2.27M from $3.77M
- Net income before tax decreased 69.6% to $0.55M from $1.81M
- Major customer orders for Discover Drones dropped by $1.63M
BOISE, Idaho, Nov. 15, 2024 (GLOBE NEWSWIRE) -- PCS Edventures!, Inc. (“PCSV”), a leading provider of K-12 Science, Technology, Engineering and Mathematics (“STEM”) education programs, today announced unaudited results of operations for its second quarter of Fiscal Year 2025, which ended on September 30, 2024.
Revenue was
Mike Bledsoe, President, commented, “Last year, we had a record quarter in the second quarter of the fiscal year, due in large part to
Todd Hackett, CEO, stated, “We have been investing significantly to expand our capacity with the expectation of higher sales volumes in the future. We believe that we have many years of growth ahead of us and are positioning the Company to take advantage of our opportunities.”
For more information about PCS Edventures!, Inc., visit our website.
Company financial information and reports can be found at https://www.sec.gov
About PCS Edventures!, Inc.
PCS Edventures!, Inc. (“OTCPK: PCSV”) is a Boise, Idaho, company that designs and delivers technology-rich products and services for the K-12 market that develop 21st-century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, and Math (“STEM”). https://edventures.com/.
Forward-Looking Statements.
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this Press Release. This Press Release should be considered in light of the disclosures contained in the filings of PCS and its “forward-looking statements” in such filings that are contained in the United States Securities and Exchange Commission (the “SEC”) Edgar Archives at https://www.sec.gov.
Contact.
Investor Contact: Michael Bledsoe 1.800.429.3110, mikeb@edventures.com
Investor Relations Web Site: https://investors.edventures.com/
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