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NHT Global(NHTC) - 2025 Q1 - Quarterly Results
NHT GlobalNHT Global(US:NHTC)2025-04-30 13:10

Financial Performance - Revenue for Q1 2025 was $10.7 million, a decrease of 2% compared to $11.0 million in Q1 2024[7] - Operating loss for Q1 2025 was $345,000, an improvement from a loss of $365,000 in Q1 2024[7] - Net income for Q1 2025 was $122,000, or $0.01 per diluted share, compared to $188,000, or $0.02 per diluted share in Q1 2024[7] - Cash flows from operations were $484,000 in Q1 2025, down from $549,000 in Q1 2024[11] - Total cash, cash equivalents, and marketable securities were $41.9 million at March 31, 2025, down from $43.9 million at December 31, 2024[11] - The total assets decreased to $53.2 million as of March 31, 2025, from $55.4 million at December 31, 2024[14] Membership and Orders - Active Members decreased by 2% to 30,180 as of March 31, 2025, down from 30,870 at December 31, 2024, and down 5% from 31,620 at March 31, 2024[7] - The company experienced a 9% sequential increase in orders taken compared to Q4 2024, indicating sustained interest in its products[5] Dividends and Manufacturing Strategy - The company declared a quarterly cash dividend of $0.20 per share, payable on May 23, 2025[11] - The company is working to align manufacturing closer to key markets to improve long-term efficiency amid trade uncertainties[6]