BACK
IMAC Holdings Inc
Q1 2025 Report
IMAC Holdings Inc (BACK) Q1 2025 Results - A Challenging Quarter with Strategic Focus on Recovery...
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Executive Summary
In the first quarter of 2024, IMAC Holdings Inc (BACK) continued to face significant operational challenges, reporting a net loss of approximately $407,219, which translates to an EPS of -$0.35. A major factor in this recurring loss is attributed to persistently high general and administrative expenses, totaling $408,630. Despite efforts to improve operational efficiencies, the company's revenue streams remain under pressure, indicating a need for strategic reevaluation of market positioning and cost control measures.
Management's commentary emphasized the ongoing commitment to delivering innovative medical care despite financial pressures. Future growth initiatives are vital as competition intensifies in the healthcare sector, particularly in the medical care facilities industry. Investors should closely monitor the company’s ability to execute its strategy while enhancing financial stability and performance in the upcoming quarters.
Key Performance Indicators
Operating Income
-408.63K
QoQ: -125.54% | YoY:68.47%
Net Income
-407.22K
QoQ: 72.07% | YoY:88.99%
EPS
-0.35
QoQ: 66.67% | YoY:89.58%
Revenue Trend
Margin Analysis
Key Insights
- Total Revenue: Data not disclosed this quarter.
- Gross Profit: -$150,202 (Gross Profit Margin: -100%), reflecting a decrease in profitability due to high operational costs.
- Operating Income: -$408,630, indicating heavy losses in operations this quarter.
- Net Income: -$407,219, with a notable increase in losses compared to historical performance. **3. Cash Flow Metrics:**
- Free Cash Flow: -$202,252; Continuing cash burn raises concerns.