Eva Live (GOAI) Q1 2025 earnings summary

Executive summary

• Operates an AI-driven digital marketing platform, focusing on media buying and campaign optimization for North American clients, with a high customer concentration risk as top three clients account for 88% of receivables as of March 31, 2025.

• Completed a 4-to-1 reverse stock split in February 2025 to meet national exchange listing requirements and attract institutional investors.

• Continues to invest in technology and sales, budgeting $500,000 for sales and marketing over the next twelve months.

Financial highlights

• Revenue for Q1 2025 was $3,681,520, up from $2,236,950 in Q1 2024, driven by more customers and larger contracts.

• Net income for Q1 2025 was $1,995,694, compared to $196,709 in Q1 2024.

• Cash balance as of March 31, 2025, was $316,578, up from $76,356 at December 31, 2024.

• Working capital surplus increased to $3,553,262 from $1,560,391 at year-end 2024.

• EBITDA for Q1 2025 was $2,003,369.

Outlook and guidance

• Management anticipates the need for additional capital to support growth and meet obligations, with plans to seek funding through private equity or public markets.

• Expects capital expenditures up to $250,000 over the next year for technology and infrastructure.

• Plans to continue investing in sales, marketing, and technology to drive growth.