Allient (US:ALNT)2025-05-08 11:11Financial Performance - Revenue for Q1 2025 was $132.8 million, a 9% increase quarter-over-quarter (QoQ), but a 9% decrease year-over-year (YoY)[5] - Net income for Q1 2025 was $3.6 million, an 18% increase QoQ, but a 48% decrease YoY[5] - Cash from operations was $13.9 million, a 12% increase QoQ and a 52% increase YoY[5] - Orders increased by 17% QoQ and 13% YoY, reaching $137.6 million in Q1 2025[5] - Gross margin was 32.2%, a 70 basis points increase QoQ, but a 10 basis points decrease YoY[5] - Operating margin was 6.6%, a 130 basis points increase QoQ, but a 160 basis points decrease YoY[5] Strategic Initiatives - The company achieved $10 million in annualized savings in 2024 through the "Simplify to Accelerate NOW" initiatives and aims to reduce annualized costs by another $6 to $7 million in 2025[7] - Restructuring and related charges were $1.5 million in Q1 2025[7] Balance Sheet - Net debt decreased by $13.6 million to $174.4 million[5] - Cash and cash equivalents increased to $47.8 million as of March 31, 2025, compared to $36.1 million as of December 31, 2024, representing a 32% increase[31]