Eva Live (GOAI) Q2 2025 earnings summary

Executive summary

• Operates an AI-driven digital marketing and media monetization platform, serving primarily North American advertising agencies and businesses; top three customers account for 88% of receivables as of June 30, 2025.

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

• Filed a Form S-1 registration statement in July 2025 to raise additional capital for growth initiatives.

Financial highlights

• Revenue for the three months ended June 30, 2025 was $4,138,712, up from $2,188,616 year-over-year; six-month revenue was $7,820,232, up from $4,425,566.

• Net income for the three months ended June 30, 2025 was $2,625,101, compared to a net loss of $360,361 in the prior year; six-month net income was $4,620,795, versus a net loss of $163,652.

• Working capital surplus increased to $6,078,645 as of June 30, 2025, from $1,560,391 at December 31, 2024.

• Cash balance was $261,079 as of June 30, 2025, up from $76,356 at year-end 2024.

• Accumulated deficit reduced to $23,848,880 as of June 30, 2025, from $28,469,675 at December 31, 2024.

Outlook and guidance

• Management plans to invest at least $500,000 in sales and marketing over the next twelve months and expects capital expenditures up to $250,000 for technology development.

• Additional capital will be sought through equity or debt to support growth and operational needs.

• The company aims to enhance revenue from its technology portfolio and achieve cash flow positivity beyond fiscal 2025.