Core Insights - Atlantic International Corp. reported significant operational improvements and a strengthened financial position in Q2 2025, with a focus on profitability and cash flow generation [1][3] Financial Performance - Net loss narrowed by 81% to $10.7 million (or $0.20 per share) compared to a net loss of $54.9 million (or $1.96 per share) in Q2 2024 [6] - Service revenue was $102.9 million, with permanent placement services up 17% year-over-year [6] - Gross profit margin improved to 11.1%, reflecting pricing discipline and operational efficiency [6] - Operating cash flow was $5.0 million for the six months, improving from $(4.2) million a year ago [6] - Service revenue increased to $205.7 million from $205.3 million in the prior year period [6] - Gross profit improved 3.0% to $22.6 million, with gross margin expanding to 11.0% from 10.7% [6] - Net loss per share improved 82% to $(0.40) compared to $(2.23) in the prior year period [6] Business Segments - The permanent placement and other services segment grew by 16.9% in Q2 and 9.3% for the six-month period, contributing significantly to overall service revenue and gross profit improvements [3] Strategic Initiatives - The company secured a new $70 million asset-based lending facility, replacing the prior credit arrangement to support growth initiatives and working capital needs [6] - Positive momentum is expected to continue into Q3, driven by strong demand in both temporary and permanent placement services [3]

Group plc Half Year Results 2025 KEVIN LYONS-TARR, CEO Highlights Results Summary Revenue $659.4m 1% Operating profit $70.7m 1% Basic EPS 197.4c 2% Cash and bank deposits $102.3m 2024 FY: $147.6m 2024 HY: $121.5m Interim Dividend 80.0c 2024 HY: 80.0c Half Year Results 2025 2 MICHELLE BRUKWICKI, CFO Financial Review 3 Income Statement | | H1 2025 | H1 2024 | | FY 2024 | | --- | --- | --- | --- | --- | | | $m | $m | | $m | | Revenue | 659.4 | 667.5 | -1% | 1,367.9 | | Cost of sales | (442.9) | (453.5) | -2% | ...