Cryptocurrency firm SOS Ltd semi-annual revenue jumps 48%

Sos

26/09/2025 21:20

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

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)