Crown Equity Holdings Q1 2025: Revenue $15.8M, Net Loss $15.9M
Ticker: CRWE · Form: 10-Q · Filed: May 21, 2025 · CIK: 1103833
Sentiment: bearish
Topics: earnings, financials, subsequent-events, loss
Related Tickers: CRWE
TL;DR
**CRWE Q1 2025: $15.8M Rev, $15.9M Loss. Notes issued, deals with Vast Capital & Cloud Network.**
AI Summary
Crown Equity Holdings, Inc. (CRWE) filed its 10-Q for the period ending March 31, 2025. The company reported revenue of $15,840,384 and a net loss of $15,904,230 for the first quarter of 2025. Significant subsequent events include a convertible promissory note issuance and transactions involving Vast Capital and Cloud Network Systems Inc. in February 2025.
Why It Matters
This filing provides insight into Crown Equity Holdings' financial performance and operational activities for the first quarter of 2025, including significant financing and business development events.
Risk Assessment
Risk Level: medium — The company reported a net loss in the first quarter, indicating potential financial instability and ongoing operational challenges.
Key Numbers
- $15.84M — Revenue (Q1 2025 revenue)
- $15.90M — Net Loss (Q1 2025 net loss)
- 450,000,000 — Shares Authorized (Total authorized shares as of fiscal year end)
Key Players & Entities
- Crown Equity Holdings, Inc. (company) — Filer
- 20250331 (date) — Reporting period end date
- $15,840,384 (dollar_amount) — Revenue for Q1 2025
- $15,904,230 (dollar_amount) — Net loss for Q1 2025
- Vast Capital (company) — Involved in subsequent event transactions
- Cloud Network Systems Inc (company) — Involved in subsequent event transactions
- Mike Zaman (person) — Member associated with subsequent events
FAQ
What was Crown Equity Holdings' revenue for the first quarter of 2025?
Crown Equity Holdings reported revenue of $15,840,384 for the first quarter of 2025.
What was the net loss for Crown Equity Holdings in Q1 2025?
The company reported a net loss of $15,904,230 for the first quarter of 2025.
What significant subsequent events occurred in February 2025?
In February 2025, there were transactions involving Vast Capital and Cloud Network Systems Inc.
When did the company change its name from MICRO BIO-MEDICAL WASTE SYSTEMS, INC.?
The company changed its name from MICRO BIO-MEDICAL WASTE SYSTEMS, INC. on May 23, 2006.
What is the company's state of incorporation?
Crown Equity Holdings, Inc. is incorporated in Nevada (NV).
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 21, 2025 by Mike Zaman regarding Crown Equity Holdings, Inc. (CRWE).