First America Resources Reports 19% Revenue Growth in Q3 2025

First America Resources Corporation reported its financial results for the third quarter and the first nine months of 2025, showing a revenue increase of 19% to $5.47 million for the three months ended September 30, compared to $4.58 million in the same period of 2024. For the nine-month period, revenues rose by 15% to $14.32 million from $12.44 million year-over-year. The company’s gross profit for the third quarter was $2.94 million, yielding a gross margin of 54%, slightly down from 57% in the prior year. Net income for the third quarter was $213,761, a decrease from $379,918 in the same quarter of 2024, while net income for the nine months was $501,013, down from $510,448.

The financial statements reflect significant changes in operating expenses, which increased by 21% to $2.69 million in the third quarter, driven by higher payroll, general and administrative costs, and professional fees associated with merger activities. For the nine-month period, operating expenses rose by 18% to $7.44 million. The company noted that these increases are aligned with its operational expansion and revenue growth. Interest expenses also increased, totaling $36,299 for the third quarter and $98,088 for the nine months, compared to $28,010 and $79,000, respectively, in the prior year.

In April 2025, First America Resources completed a significant acquisition of METech Recycling, Inc., which has since become a wholly owned subsidiary. This acquisition is expected to enhance the company’s capabilities in electronic waste management and IT asset disposition, aligning with its focus on sustainability and material recovery. The integration of METech is anticipated to contribute positively to future revenue growth and operational efficiency.

As of September 30, 2025, First America Resources reported total assets of $6.65 million, a decrease from $6.87 million at the end of 2024. Current liabilities increased to $5.83 million from $6.10 million, while stockholders' deficit improved to $(867,985) from $(1,368,998) at the end of the previous fiscal year. The company had cash reserves of $399,894, down from $459,022 at the end of 2024, and cash flows from operations were $128,862 for the nine months, a decline from $474,991 in the prior year.

Looking ahead, First America Resources anticipates continued revenue growth driven by the integration of METech and expansion in its operational capabilities. The company expects to face increased operating expenses as it scales its operations, and it may need to secure additional financing to support its growth initiatives. Management remains optimistic about the long-term prospects of the business, particularly in the electronic waste management sector, which is expected to see increasing demand.