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Apr 30, 2024

Ooma Q1 2025 Earnings Report

Ooma reported financial results for the fiscal first quarter ended April 30, 2024, with a total revenue of $62.5 million and non-GAAP net income of $3.6 million.

Key Takeaways

Ooma's Q1 2025 financial results showed a solid start with $62.5 million in revenue and $3.6 million of non-GAAP net income. The company achieved 10% growth in overall revenue and 18% growth in business services revenue. Cash flow from operations was significantly higher than the previous year, enabling a debt reduction of $4.5 million.

Total revenue was $62.5 million, up 10% year-over-year.

Subscription and services revenue increased to $58.4 million, comprising 93% of total revenue.

GAAP net loss was $2.1 million, or $0.08 per share.

Non-GAAP net income was $3.6 million, or $0.14 per diluted share.

Total Revenue
$62.5M
Previous year: $56.9M
+9.9%
EPS
$0.14
Previous year: $0.16
-12.5%
Adjusted EBITDA
$5M
Previous year: $4.8M
+4.2%
Gross Profit
$38.1M
Previous year: $36M
+6.0%
Cash and Equivalents
$15.6M
Previous year: $27.4M
-43.1%
Free Cash Flow
$2.14M
Previous year: -$90K
-2472.2%
Total Assets
$155M
Previous year: $138M
+12.7%

Ooma

Ooma

Ooma Revenue by Segment

Forward Guidance

For the second quarter of fiscal 2025, Ooma expects total revenue in the range of $62.5 million to $63.0 million, GAAP net loss in the range of $2.2 million to $2.5 million, and non-GAAP net income in the range of $3.6 million to $3.9 million. For the full fiscal year 2025, Ooma expects total revenue in the range of $250.7 million to $253.0 million, GAAP net loss in the range of $7.7 million to $8.7 million, and non-GAAP net income in the range of $15.0 million to $16.0 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income