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Cryptocurrency firm SOS Ltd semi-annual revenue jumps 48%

ReutersSep 26, 2025 8:20 PM
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Overview

  • SOS semi-annual net revenue rises 48.1% to $89.6 mln, driven by commodities trading

  • Co reports net loss of $14.2 mln, impacted by falling product prices

  • SOS reallocates resources, halts internal Bitcoin mining to expand hosting services

Result Drivers

  • COMMODITIES TRADING - Revenue growth driven by increased sales of natural rubber amid Chinese economic recovery

  • PRODUCT PRICE DECLINE - Negative gross margin due to falling prices of rubber and petroleum coke

  • STRATEGIC SHIFT - Company halts internal Bitcoin mining to focus on expanding third-party hosting services


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

$89.60 mln

H1 Net Income

-$14.20 mln

H1 Gross Margin

-1.5%

Press Release: ID:nPn2HbVG7a

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