Strong Product Sales Growth
Product sales increased $6.7 million or 21.3% during Q2 2025 compared to Q2 2024, driven by unit volume increases in inventory finance, retail, and mobile home park sales.
Improved Gross Profit Margin
Gross profit margin improved to 32.4% in Q2 2025 from 31.9% in Q2 2024, indicating better cost management and pricing strategy.
Increase in Cash Reserves
Cash increased to $2.6 million as of June 30, 2025, from $1.1 million on December 31, 2024, showing improved liquidity.
Significant Share Repurchase
Repurchased 260,635 shares of common stock for $5.8 million during Q2 2025, reflecting confidence in long-term business value.