Legend Power Systems Reports Q3 F2025 Financial Results

Core Viewpoint - Legend Power Systems reported lower revenue in Q3 F2025 due to deal timing rather than demand, with a strong backlog expected to fulfill a significant portion of systems this year [3][6][10] Financial Highlights - Revenue for Q3 F2025 was $385,354, a decrease of 63% from $1,042,412 in Q3 F2024 [9][10] - Net loss for Q3 F2025 was $837,615, compared to a loss of $482,386 in Q3 F2024, marking a 74% increase in losses [6][11] - Gross margin decreased to $93,064 in Q3 F2025 from $520,138 in Q3 F2024, reflecting an 82% decline [9][10] Operational Highlights - The company is in the process of obtaining a GSA Multiple Award Schedule (MAS) to facilitate procurement with the U.S. government [7] - An existing customer placed a repeat order for eight additional SmartGATE systems, and the City of New York Public School System made its first SmartGATE order [7] - Engagements with several large international airports to address ongoing power challenges were noted [7] Future Outlook - The CEO indicated that groundwork has been laid for multiple late-stage opportunities across various sectors, which could significantly impact the company once closed [3] - The company expects to announce significant wins before year-end, reinforcing its growth story [3]