SOBRsafe Q2 Revenue Jumps 92.3% to $104.2k, EPS at $-1.32

SOBRsafe reported Q2 revenue of $104.2 thousand, a 92.3% increase compared to the same period in 2024 and a 20.3% increase compared to Q1 2025. The growth was driven by sales of the SOBRsure device and SOBRsure software subscriptions. The company reported an EPS loss of $1.32.

SOBRsafe Inc. (NASDAQ: SOBR) has reported its second-quarter 2025 financial results, demonstrating significant revenue growth despite a net loss. The company achieved a 92.3% year-over-year (YoY) and 20.3% quarter-over-quarter (QoQ) increase in total revenue, reaching $104.2 thousand [1].

The growth was driven primarily by sales of the SOBRsure device and SOBRsure software subscriptions. Annual recurring revenue from software subscriptions grew 109.6% YoY, contributing 55.2% of total revenue. The company also shipped 178 units of its flagship product, SOBRsure™ GEN 2, a 35.9% increase from Q1 2025 [1].

Despite the strong revenue growth, SOBRsafe reported a net loss of $2.0 million for the quarter. Operating expenses increased to $2.1 million, leading to the net loss. The company maintains a strong cash position of $8.5 million as of June 30, 2025 [1].

SOBRsafe's Q2 2025 results showcase a promising trend in recurring revenue and product adoption. The company is still in the early commercialization phase, with revenue growth significantly outpacing losses. The expanded patent portfolio and third-party validation of their technology strengthen their competitive position and could accelerate institutional sales [1].

In contrast, WM Technology Inc. (MAPS), a cannabis marketplace firm, reported a 2% YoY decline in revenue to $41.4 million in Q2 2025, attributing the decline to a decrease in consumer traffic and lower average order values [2].

References:
[1] https://www.ainvest.com/news/sobrsafe-q2-2025-revenue-92-3-yoy-software-subscriptions-rise-109-6-yoy-operating-expenses-increase-2-1m-2508/
[2] https://www.ainvest.com/news/wm-technology-q2-revenue-misses-estimates-2508/