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Atomos Posts 7% Sales Growth Amid Margin Squeeze and Restructuring
5:35pm on Friday 31st of January, 2025 AEDT
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Technology
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Atomos Posts 7% Sales Growth Amid Margin Squeeze and Restructuring
5:35pm on Friday 31st of January, 2025 AEDT
Key Points
Q2 FY25 sales rose 7% to $9.3 million, led by Shinobi II
Gross profit margin declined from 43.1% to 38.5% due to discounting
Cost restructuring underway with fixed costs expected at $16 million
Cash balance at $1.4 million with $9.6 million funding commitments
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