Creatd, Inc. Publishes Q1 2025 Financial Report Highlighting a $7.9M Improvement in Net Equity

Core Insights - Creatd, Inc. reported a significant improvement in net equity, increasing by $7.9 million in Q1 2025, marking an 80% quarter-over-quarter increase from Q4 2024 [8] - The company achieved revenues of $721,815 in Q1 2025, which is a 70% year-over-year growth from $428,000 in Q1 2024 [8] - The acquisition of Flyte, a platform in the private aviation and travel technology sector, is a key contributor to the company's performance and aligns with its long-term strategic goals [4][5] Financial Performance - Net equity improved by $7.9 million in Q1 2025, reflecting a strong financial turnaround for the company [8] - Revenues reached $721,815, indicating robust growth compared to the previous year [8] Strategic Acquisitions - The acquisition of Flyte supports Creatd's strategy of acquiring established businesses that deliver immediate financial results [4] - The company announced its intent to acquire a stake in PCG Advisory and its affiliated companies for $2.3 million, further enhancing its net equity [5][6] - The PCG transaction is part of a broader strategy to reduce liabilities and pursue additional strategic transactions [6] Future Outlook - Creatd is focused on applying for an uplisting to a national exchange in Q3 2025, leveraging its improved financials and strategic acquisitions [5][6] - The company emphasizes a commitment to growing revenue and maintaining a strong balance sheet as it prepares for future growth [6]