Eva Live Inc. Reports 64.8% Revenue Growth and Significant Profitability Improvement

Eva Live Inc. reported significant financial performance improvements in its latest 10-Q filing for the quarter ending March 31, 2025. The company generated total revenue of $3.68 million, a 64.8% increase from $2.24 million in the same period last year. This growth was attributed to an increase in customer contracts, with the number of customers rising from three to seven. The company also achieved a net income of $1.99 million, compared to a net income of $196,709 in the prior year, reflecting a substantial increase in profitability.

The financial results indicate a marked improvement in operational efficiency, as operating expenses decreased to $1.68 million from $2.04 million year-over-year. General and administrative expenses remained relatively stable, increasing slightly from $366,463 to $377,385, while media traffic purchases significantly decreased from $1.67 million to $1.30 million, representing a more efficient allocation of resources. The company’s accumulated deficit also narrowed to $26.47 million from $28.47 million, indicating a positive trend in financial health.

Strategically, Eva Live continues to enhance its digital marketing capabilities through its AI-driven Eva Platform, which optimizes advertising campaigns. The company has also expanded its product offerings with the Eva XML Platform, which facilitates traffic purchasing and ad management across various platforms. The acquisition of AdFlare in July 2022 has further strengthened its position in the header bidding market, allowing for increased revenue generation through improved ad inventory management.

Operationally, the company reported a working capital surplus of $3.55 million as of March 31, 2025, up from $1.56 million at the end of 2024. This increase in liquidity is crucial for supporting ongoing operations and future growth initiatives. The company’s cash position improved significantly, with cash and cash equivalents rising to $316,578 from $76,356. However, management acknowledged that the company still requires additional capital to sustain operations and achieve its growth objectives, particularly in light of its ongoing need for substantial investment in technology and marketing.

Looking ahead, Eva Live Inc. aims to continue its growth trajectory by enhancing its technology solutions and expanding its customer base. The company plans to invest approximately $500,000 in sales and marketing over the next twelve months and anticipates raising additional capital through private equity or public markets. However, management has expressed concerns regarding the company’s ability to maintain operations without securing further funding, emphasizing the need for strategic financial planning to ensure long-term sustainability.