How did UUU's revenue and expenses shift in Q3 2025 compared to previous quarters?
5/7/2025 06:27pm
Universal Security Instruments (UUU) experienced a significant increase in sales for the third quarter (Q3) of 2025, with a 18.9% rise to $5,535,148 compared to the same period last year. However, this growth in revenue did not translate into a profit, as the company reported a net loss of $936,639 for the quarter. The expenses associated with the potential asset sale to Feit Electric Company, which the company is seeking shareholder approval for in early 2025, contributed to this loss. Despite the increase in sales, the substantial expenses and bulk sales of excess inventory at reduced gross profit margins severely impacted the company's financial performance in Q3 2025.