PSQ Q1 2025 Earnings Report
Key Takeaways
PublicSquare achieved substantial revenue growth in Q1 2025, with net revenue increasing by 95% year-over-year, reaching $6.7 million. This growth was supported by the rollout of FinTech initiatives and was accompanied by a significant 48% decrease in sales and marketing costs, leading to improved operating efficiency.
Net revenue for Q1 2025 increased 95% to $6.7 million compared to $3.5 million in Q1 2024.
FinTech revenue was $3.1 million, Marketplace revenue was $0.4 million, and Brands revenue was $3.3 million.
Sales and Marketing expense decreased 48% compared to the prior year period.
Gross Margin improved to 58% in Q1 2025 from 43% in Q1 2024.
PSQ
PSQ
PSQ Revenue by Segment
Forward Guidance
PublicSquare reaffirmed its 2025 guidance, expecting total year-over-year revenue growth of greater than 100%, exceeding $46 million, and operating expenses to be lower than in 2024.
Positive Outlook
- Total year-over-year revenue growth expected to be greater than 100%.
- Full year 2025 revenue expected to be greater than $46 million.
- Operating expense expected to be lower than 2024.
- Plans for integrating and onboarding new merchants to the FinTech stack are on track.
- Leveraging synergies across the PublicSquare ecosystem.
Revenue & Expenses
Visualization of income flow from segment revenue to net income