Astron Connect Inc. Reports Third Quarter 2025 Results

Executive Summary

• Astron Connect Inc. announced its third-quarter financial results for the period ended June 30, 2025, reporting zero sales due to the business closure of its main supplier.
• The company reported a net loss of $5,705 for the quarter, a 54% decrease from the net loss of $12,338 in the same period of 2024.
• Operating expenses decreased by 41% to $5,842, and the company ended the quarter with a working capital surplus of $126,246, reversing a deficiency from the prior year.

Key Details

• Revenue: $Nil for the three months ended June 30, 2025 (2024: $Nil). No revenues were recorded due to the closure of the main supplier's business.
• Net Loss: $5,705 for Q3 2025, compared to a net loss of $12,338 in Q3 2024 (a 54% decrease).
• Operating Expenses: $5,842 for Q3 2025, compared to $9,917 in Q3 2024 (a 41% decrease).
• Other Loss (Income): $(137) for Q3 2025, compared to $2,421 in Q3 2024.
• Earnings Per Share (EPS): $(0.00) basic and diluted for Q3 2025 (2024: $(0.00)).
• Working Capital: $126,246 as of June 30, 2025, compared to a deficiency of $188,311 as of June 30, 2024.
• Financial Statements: The audited consolidated financial statements and Management’s Discussion and Analysis (MD&A) are available on SEDAR and the company website.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.