GPO Plus, Inc. announced on April 7, 2025, its financial results for the quarter ending January 31, 2025, reporting record quarterly revenue. Revenues increased by $143,183 compared to the same three-month period in 2024.
The company achieved a significant reduction in the cost of revenue, leading to an 87% improvement in gross margins, which rose from 15% to 28% year-over-year for the quarter. This demonstrates improved operational efficiency and cost management.
GPOX also reported a net loss of $0.41 million for the third quarter of fiscal year 2025, an improvement from the $0.88 million loss recorded in the same period of 2024. Operating expenses saw a 30% reduction year-over-year for the nine months ending January 31, 2025, as the company prepares for scaling.
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