sur Ostrom Climate Solutions Inc (CVE:COO)
Ostrom Climate Solutions Reports Q1 2025 Financial Results
Ostrom Climate Solutions Inc. announced its financial results for Q1 2025. The company reported a revenue of $633,964, marking a 31.6% decline from Q1 2024. This decrease was attributed to the timing of Verified Emission Reduction units and the strategic exit from unprofitable consulting contracts.
The company's gross profit surged to $320,695, a 123% increase compared to Q1 2024. Improved consulting margins and enhanced delivery efficiency contributed to this growth. Ostrom also reduced its quarterly net loss to $716,357, reflecting better cost management.
Strategically, Ostrom expanded its consulting and advisory services, with consulting revenue tripling year-over-year. The company continued to develop its Climate-Smart Rice Project in the Philippines and reorganized its business model to focus on direct project development.
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