Executive Summary
Key Highlights
- Net Loss: €10,966.85 for Q1 2025, driven primarily by contractor costs and professional services
- Operating Expenses: €616.85, well-controlled with minimal discretionary spending
- Cash Position: Stabilized through director loans totaling €850 during the quarter
- Outstanding Receivables: €0 — all invoices paid promptly
This report summarizes the financial performance of Alvio Labs for the first quarter of 2025. The company operated as a pre-revenue entity during this period, with expenses focused on contractor support, professional services, and essential operational costs.
1. Revenue Analysis
1.1 Revenue Overview
During Q1 2025, Alvio Labs recorded no operating revenue. The company remains in pre-revenue phase, focusing on product development and operational setup. All cash inflows during the period were classified as director loans rather than revenue.
1.2 Cash Inflows
Despite no revenue, the company received the following cash injections:
| Date | Source | Type | Amount (€) |
|---|---|---|---|
| Mar 19, 2025 | Shubham Jain (Director) | Director Loan | 50.00 |
| Mar 31, 2025 | Shubham Jain (Director) | Director Loan | 500.00 |
| Total Cash Inflows | 550.00 | ||
These funds were essential for maintaining operational continuity and covering immediate expenses.
2. Expense Analysis
2.1 Cost of Sales
The Cost of Goods Sold for Q1 2025 totaled €10,350.00. This primarily represents contractor costs for development work.
| Account | Amount (€) | % of Total |
|---|---|---|
| Cost of Goods Sold | 10,350.00 | 94.4% |
2.2 Operating Expenses
Total operating expenses for Q1 2025 were €616.85, representing disciplined cost management.
| Expense Category | Amount (€) | % of OpEx |
|---|---|---|
| Consulting & Accounting | 405.90 | 65.8% |
| Research & Development | 198.27 | 32.1% |
| Bank Fees | 10.00 | 1.6% |
| Office: Software Expenses | 2.68 | 0.4% |
| Total Operating Expenses | 616.85 | 100% |
2.3 Major Vendor Payments
The following significant payments were made during Q1 2025:
| Vendor | Description | Amount (€) |
|---|---|---|
| Sqillx Education Private Limited | Full-Stack Engineer (3 invoices) | 10,350.00 |
| Around Finance | Annual Accounts & Corporation Tax (3 months) | 405.90 |
| Secret (Tech Lab SAS) | Professional Services | 193.09 |
| Cline Bot Inc | Development Tools | 5.18 |
3. Cash Flow Summary
3.1 Cash Flow Statement
| Cash Flow Category | Amount (€) |
|---|---|
| Operating Activities | |
| Director Loans Received | 550.00 |
| Vendor Payments | (10,954.17) |
| Bank & Service Fees | (13.68) |
| Net Cash from Operations | (10,417.85) |
3.2 Bank Account Activity
All transactions were processed through the Revolut EUR Main account. Key activity included:
- Opening Balance: Carried forward from prior period
- Total Debits: €10,966.85 (expenses and payments)
- Total Credits: €550.00 (director loans)
- Net Movement: (€10,416.85)
4. Financial Position
4.1 Profit & Loss Summary
| Item | Amount (€) |
|---|---|
| Revenue | 0.00 |
| Less: Cost of Sales | (10,350.00) |
| Gross Profit | (10,350.00) |
| Less: Operating Expenses | (616.85) |
| Net Profit/(Loss) | (10,966.85) |
4.2 Key Observations
- Pre-Revenue Status: The company has not yet commenced revenue-generating operations
- Development Focus: Primary expenditure on contractor development services (95% of total costs)
- Lean Operations: Operating expenses maintained at minimal levels
- Director Support: Critical funding provided through director loans to maintain solvency
5. Outlook & Recommendations
5.1 Q2 2025 Priorities
- Continue product development with Sqillx contractor support
- Establish revenue streams to reduce dependency on director funding
- Maintain lean operational cost structure
- Monitor cash runway and plan additional funding if required
5.2 Board Considerations
- Review funding requirements for Q2-Q3 2025
- Assess timeline to first revenue
- Evaluate contractor vs. full-time hiring strategy
- Consider additional capital injection or fundraising activities