Moving iMage Technologies Q4 Sales Down 7.3% to $5.88M, Net Loss Narrows to ($156K) or ($0.02) Per Share

Reuters09-26
<a href="https://laohu8.com/S/MITQ">Moving iMage</a> Technologies Q4 Sales Down 7.3% to $5.88M, Net Loss Narrows to ($156K) or ($0.02) Per Share

Moving Image Technologies Inc. reported fourth quarter fiscal 2025 net sales of $5.88 million, a decrease of 7.3% compared to $6.35 million in the prior-year period, primarily due to reduced customer project activity and the absence of theater seating revenues that were recorded in the previous year. The company's Q4 net loss improved to $156,000 from a net loss of $416,000 in Q4 2024, reflecting reduced operating expenses. Gross profit for the quarter was $1.2 million, down from $1.43 million, with gross margin declining to 20.4% from 22.5%, largely due to variability in product mix. For the fiscal year ended June 30, 2025, revenue declined 9.9% to $18.15 million from $20.14 million a year earlier, also attributed to reduced customer project activity. Fiscal year gross profit decreased to $4.57 million compared to $4.68 million, while gross margin improved to 25.2% from 23.3%. Full-year operating expenses decreased 9.4% to $5.67 million from $6.24 million. The company ended the year with net cash of $5.7 million. Moving Image Technologies expects a modest increase in cinema technology upgrades, particularly in next-generation laser projection solutions, driven by customer experience benefits and lower total cost of ownership compared to legacy systems. Fiscal year 2026 revenue is currently projected to be more weighted to the second half, due to industry planning and scheduling around key film release windows. For the first quarter of fiscal 2026 ending September 30, the company expects revenue of approximately $4.9 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moving Image Technologies Inc published the original content used to generate this news brief via Newsfile (Ref. ID: 268082) on September 26, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment