Platt Nera International Limited reported a materially weaker QQ1 2025 than the prior year, characterized by a steep revenue decline, erosion of gross margins, and a pronounced operating loss. Revenue for the quarter reached THB 15.20 million, down 54.3% year-over-year and 28.7% quarter-over-quarter, while gross profit was THB 2.38 million and gross margin stood at 15.7%. The company incurred substantial fixed costs, with selling, general, and administrative expenses totaling THB 25.99 million, driving EBITDA to a negative THB 22.66 million and a net loss of THB 22.87 million. The resulting EBITDA, operating, and net margins of approximately -149%, -155%, and -150% respectively reflect a business in a high burn and low topline phase.