Eva Live Inc. Reports Record First Quarter Results for 2025: Revenue Up 65%, Net Income Surpasses $1.9 Million
Rhea-AI Summary
Eva Live Inc. (OTCQB:GOAI) reported exceptional Q1 2025 financial results, with revenue reaching $3.68 million, up 65% from Q1 2024's $2.24 million. The AI-driven advertising technology company achieved a remarkable 917% increase in net income to $1.99 million, compared to $196,709 in the previous year.
Key financial metrics include a 314% increase in cash on hand from year-end 2024, and stockholders' equity of $3.56 million, recovering from a $1.57 million deficit. Operating income surged to $2.00 million, up from $197K in Q1 2024. The company's growth is attributed to its Eva Platform's AI capabilities in optimizing advertising campaigns and media traffic arbitrage. Management indicated plans for capital initiatives and potential uplisting to a national exchange.
Positive
- Record Q1 revenue of $3.68M, up 65% YoY
- Massive net income growth of 917% YoY to $1.99M
- Cash position increased 314% from year-end 2024
- Stockholders' equity improved to $3.56M from -$1.57M deficit
- Operating income grew to $2.00M from $197K YoY
- Plans for uplisting to a national exchange
Negative
- None.
News Market Reaction
On the day this news was published, GOAI declined 8.95%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LOS ANGELES, CA / ACCESS Newswire / May 16, 2025 / Eva Live Inc. (OTCQB:GOAI), a leading AI-driven advertising technology company, today announced its unaudited financial results for the first quarter ended March 31, 2025, delivering record-breaking growth in both revenue and profitability.
The Company reported
"We continue to demonstrate the scalability of the Eva Platform as both a revenue and profit engine," said David Boulette, CEO of Eva Live Inc. "Our AI-driven infrastructure allows us to dynamically optimize campaigns with unmatched speed and precision, resulting in stronger margins and higher returns for clients. These results underscore Eva's role as a disruptive force in the global adtech market."
First Quarter 2025 Financial Highlights:
Revenue:
$3.68 million , up from$2.24 million (+65% YoY)Net Income:
$1.99 million , up from$196,709 (+917% YoY)Cash on Hand: Up
314% from year-end 2024Stockholders' Equity:
$3.56 million , versus a deficit of$1.57 million as of December 2024Operating Income:
$2.00 million (Q1 2025), versus$197 K in Q1 2024
Eva's continued growth is fueled by its core platform's ability to process and analyze massive volumes of media inventory and real-time consumer behavior, combined with its expansion into high-yield verticals and strategic agency partnerships.
"We're executing across all fronts-from customer acquisition to data-driven media performance," added Boulette. "Our Q1 results position us strongly as we pursue additional capital initiatives and prepare for uplisting to a national exchange."
About Eva Live Inc.
Eva Live Inc. (OTC: GOAI) is an AI-first advertising technology company delivering performance-driven media buying through real-time optimization, predictive analytics, and fraud mitigation. The Company serves agencies, brands, and media buyers across global markets through its proprietary Eva Platform and XML arbitrage engine.
For investor inquiries, please visit www.evaxai.com.
Contact:
Investor Relations
Eva Live Inc.
Email: info@eva.live
SOURCE: Eva Live Inc.
View the original press release on ACCESS Newswire
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