Femto Technologies Inc. has announced its financial results for the first quarter of 2025. The company reported a revenue of $202,962 for the three-month period ending March 31, 2025, marking a decrease of 34% from $308,968 during the same period in 2024. Gross profit also saw a decline, dropping to 7% compared to 21% in the previous year. Despite the decrease in revenue and gross profit, Femto Technologies experienced a significant reduction in net loss, which decreased by 65% to $10.677 million, compared to a net loss of $30.617 million in Q1 2024. The company's working capital showed an increase, reaching $22.332 million as of March 31, 2025, up from $4.122 million on December 31, 2024. Additionally, total assets increased to $48.519 million from $30.241 million over the same period. The total number of shares outstanding as of March 31, 2025, was reported to be 5,853.
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