Core Insights - Vaso Corporation's shares have increased by 27.3% since the earnings report for Q3 2025, significantly outperforming the S&P 500 Index, which declined by 2.2% during the same period [1] Financial Performance - In Q3 2025, Vaso reported total revenue of $22.7 million, a 9.1% increase from $20.8 million in the same quarter last year [2] - The company achieved a net income of $1.7 million, a turnaround from a net loss of $1.2 million a year earlier, attributed to higher revenue, improved gross margins, and reduced operating expenses [2][4] - Gross profit rose by 18.2% to $13.9 million from $11.8 million in Q3 2024, reflecting enhanced margins across business segments [4] Segment Performance - Professional sales service revenue increased by 18.7%, IT segment revenue grew by 1.2%, and equipment segment revenue rose by 8%, primarily driven by higher ARCS software subscription revenue in the U.S. [3] - Subscription revenues continue to be a significant portion of total revenues, supporting recurring cash generation [5] Cash Flow and Financial Health - Vaso reported operating cash flow of $2.8 million for the quarter and $9 million for the first nine months of 2025, a substantial increase from $3.6 million in the same period of 2024 [6] - Cash and cash equivalents stood at $34.9 million as of September 30, 2025 [6] Management Insights - Management noted that all three business segments contributed to revenue growth, with the professional sales services division benefiting from increased equipment deliveries from GE HealthCare [7] - CEO Dr. Jun Ma emphasized the strong balance sheet, rising deferred revenue, and sustained momentum in subscription-based income streams [8] Profitability Drivers - The return to profitability was driven by revenue growth, better product mix, and improved margin performance, particularly in the equipment segment [9] - Operating expenses grew at a slower pace than gross profit, improving operating income to $1.5 million from a loss of $1.4 million last year [10] Future Outlook - Vaso did not provide formal financial guidance but indicated expectations for stable topline performance supported by recurring subscription revenues and increasing deferred revenue [11] - No significant acquisitions, divestitures, or restructuring initiatives were disclosed during the quarter [12]

Core Insights - Vaso Corporation reported a total revenue of $22.7 million for Q3 2025, marking a 9.1% increase from $20.8 million in Q3 2024, with contributions from all business segments [2][3] - The company achieved a net income of $1.7 million in Q3 2025, a significant turnaround from a net loss of $1.2 million in the same quarter last year, reflecting improved revenue and lower operating expenses [2][6] - Cash generated from operating activities was $2.8 million for Q3 2025, with cash and cash equivalents totaling $34.9 million at the end of the quarter, indicating a strong balance sheet [2][8] Financial Performance - Total revenue for Q3 2025 increased by $1.9 million, with professional sales services segment revenue rising by 18.7% to $10.8 million, driven by higher equipment delivery volumes [3] - IT segment revenue grew by 1.2% to $11.5 million, while equipment segment revenue increased by 8.0% to $0.6 million, primarily due to higher ARCS software subscription revenue [3] - Gross profit for Q3 2025 rose by 18.2% to $13.9 million, up from $11.8 million in Q3 2024, attributed to higher revenues and margins [4] Operating Expenses and Income - Selling, general and administrative (SG&A) expenses increased by 7.0% to $12.2 million, mainly due to higher personnel costs in IT and professional sales services [5] - Operating income for Q3 2025 was $1.5 million, compared to an operating loss of $1.4 million in Q3 2024, reflecting improved gross profit across all segments [6] - Adjusted EBITDA for Q3 2025 was $1.6 million, a significant improvement from a negative $1.2 million in Q3 2024, driven by increased net income [7][16] Balance Sheet Highlights - As of September 30, 2025, total current assets were $51.9 million, and total assets reached $84.5 million, indicating growth in the company's asset base [17] - Total current liabilities decreased to $31.6 million from $34.7 million, while total stockholders' equity increased to $28.2 million from $27.7 million [17]

Core Viewpoint - Vaso Corporation reported a slight decline in revenue for Q2 2025, primarily due to lower performance in the professional sales service segment, while maintaining a strong balance sheet with significant deferred revenue growth [2][3][6]. Financial Performance - Revenue for Q2 2025 was $20.0 million, a decrease of 1.3% from $20.2 million in Q2 2024, mainly driven by a 4.0% decline in the professional sales service segment [3][4]. - Gross profit for the quarter was $11.8 million, down by $354 thousand or 2.9% year-over-year [4]. - The company reported a net loss of $197 thousand for Q2 2025, compared to a net income of $1.2 million in the same quarter of 2024 [6][7]. Segment Performance - Revenue in the professional sales service segment decreased by $366 thousand, while the IT segment saw a slight increase of $93 thousand, and the equipment segment rose by $4 thousand [3]. - Selling, general and administrative (SG&A) expenses increased by $1.2 million or 11% to $12.1 million, primarily due to higher personnel costs [5]. Cash Flow and Balance Sheet - Operating cash flow for the three months ended June 30, 2025, was $6.8 million, contributing to a strong cash position of $32.6 million at the end of the reporting period [2][8]. - Total current assets were $49.972 million, and total stockholders' equity was $26.501 million as of June 30, 2025 [15]. Outlook - The company remains cautiously optimistic about the full year 2025, historically achieving better profitability in the later quarters [2].

Core Viewpoint - Vaso Corporation reported record first quarter revenue of $19.5 million for the three months ended March 31, 2025, marking a 3.9% increase year-over-year, with improvements in gross profit and a narrowed net loss [2][3][6]. Financial Performance - Revenue for the first quarter of 2025 was $19.5 million, up from $18.7 million in the same period of 2024, driven by increases in the IT and professional sales service segments [3]. - Gross profit increased by $440 thousand, or 4.0%, to $11.4 million compared to $10.9 million in the first quarter of 2024, attributed to higher revenues [4]. - Selling, general and administrative (SG&A) expenses rose by $332 thousand, or 2.8%, to $12.4 million, mainly due to higher personnel costs in IT and professional sales services [5]. - Operating loss for the first quarter was $1.2 million, an improvement from a loss of $1.5 million in the same quarter of 2024 [6]. - Net loss narrowed to $1.1 million from $1.2 million year-over-year [6]. - Adjusted EBITDA was negative $1.1 million, an improvement from negative $1.3 million in the first quarter of 2024 [7]. Balance Sheet and Cash Flow - As of March 31, 2025, the company had $25.3 million in cash and cash equivalents, with total deferred revenue growing to $35.4 million, a 12.7% increase from the previous year [2][8]. - Net cash used in operating activities improved to $566 thousand from $1.1 million in the first quarter of 2024 [8]. - Total current assets were $45.981 million, while total assets were $77.914 million as of March 31, 2025 [15].