Healthconn Corp reported QQ1 2025 revenue of TWD 273.97 million, a YoY decline of 13.7% and a QoQ decrease of 8.2%. Gross profit stood at TWD 45.51 million with a gross margin of 16.6%, while EBITDA was modestly positive at TWD 3.25 million. The quarter delivered an operating loss of TWD 2.38 million and a net loss of TWD 1.70 million, translating to a net margin of roughly -0.62% and an EPS of -0.0375. The disparity between EBITDA and net income is explained by depreciation and amortization totaling TWD 5.63 million, alongside a relatively lean R&D spend of TWD 0.17 million and SG&A of TWD 47.73 million. The company’s year-over-year revenue compression reflects demand mix and pricing dynamics within its healthcare services portfolio, even as the firm continues to scale its Health Management offerings such as Smart Health 365.