Armlogi Holding Corp. announced financial results for its fiscal 2025 second quarter and first half ended December 31, 2024. For the second quarter, total revenue increased by 21.8% to $45.8 million compared to the same period in 2024.
Despite revenue growth, the company reported a gross profit of $0.28 million for the quarter, a decrease from $3.32 million in the prior year, resulting in a gross margin of 0.6% down from 8.6%. The net loss for the second quarter was $3.76 million, compared to net income of $0.68 million in the prior year quarter.
For the six months ended December 31, 2024, total revenue increased by 11.9% to $88.3 million, but the company reported a gross loss of $2.57 million and a net loss of $13.82 million. Management cited challenges from increased UPS surcharges and underutilization of newer facilities, while emphasizing focus on optimizing operations and improving facility utilization rates.
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