Koss(US:KOSS)2025-05-08 21:17Financial Performance - Net sales for Q3 2025 were $2,781,006, an increase of $143,400 or 5.4% compared to Q3 2024[2] - For the nine months ended March 31, 2025, net sales were $9,539,960, reflecting an increase of $168,292 or 1.8% over the same period in the prior year[3] - The net loss for Q3 2025 was $316,742, slightly higher than the net loss of $313,780 in Q3 2024[2] - The net loss for the nine months ended March 31, 2025, improved to $642,135 from $840,542 in the prior year[3] - Basic and diluted net loss per share for Q3 2025 was $0.03, consistent with Q3 2024[2] - Basic and diluted net loss per share for the nine months ended March 31, 2025, was $0.07, compared to $0.09 for the same period in 2024[3] - The company reported a gross profit of $1,084,672 for Q3 2025, up from $841,523 in Q3 2024[9] Sales and Market Impact - Direct-to-consumer sales contributed to growth, but a nearly 60% drop in sales to education markets offset some gains[4] Cost and Margin Analysis - Margin improvement of over 600 basis points was noted during the first nine months of fiscal year 2025 compared to the same period last year[4] - The company is closely monitoring the impact of recent tariff announcements on product costs, particularly due to sourcing from China[4]