Research Frontiers Inc (NAS:REFR)

Q1 2025 Research Frontiers Inc Earnings Call Transcript

May 8, 2025 / 08:30 PM GMT

Release Date Price: $1.19 (+2.59%)

Transcript 10-Q

Key Points

Positve

Research Frontiers Inc (REFR) reported a 79% increase in royalty revenues in Q1 2025, driven by strong demand in the automotive and aircraft sectors.
The company achieved a significant 214% sequential increase in royalty income from the previous quarter, Q4 2024.
REFR remains debt-free with a strong cash position, projected to fund operations for more than the next 5 years.
The company is seeing significant momentum in the automotive sector, with new car models expected to be introduced in 2025 using SPD smart glass technology.
REFR is excited about growth potential in the architectural market, particularly with the anticipated launch of a retrofit application that simplifies installation and reduces costs.

Negative

Despite revenue growth, Research Frontiers Inc (REFR) reported a net loss of $177,687 for Q1 2025.
The company faces competition from other smart glass technologies, although some competitors have filed for bankruptcy.
There is uncertainty regarding the commercialization timeline for the 'dark particle' technology, which is seen as a significant advancement.
The company acknowledges that tariffs could impact price-sensitive markets, although they do not expect a significant effect on their revenue.
REFR's reliance on Gauzy for production and marketing may limit its ability to independently promote its SPD technology.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

REFR.OQ - Research Frontiers Inc
Q1 2025 Research Frontiers Inc Earnings Call
May 08, 2025 / 08:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon and welcome to the Research Frontiers investor conference call to discuss the first quarter of 2025 results of operations and recent developments.

The company will be answering many of the questions that were emailed prior to the conference call, either in their presentation or as part of the Q&A session at the end. In some cases, the company has responded directly to email questions prior to the call or will do so afterwards in order to answer more questions of general interest to shareholders on this call. Some statements today may contain forward-looking information identified by words such as expect, anticipate, and forecast.

These reflect current beliefs and actual results may differ

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.