SOS Ltd. Reports 30% Revenue Increase to $89.6 Million for H1 2025; Net Loss Widens to $14.2 Million, Basic EPS at $(0.0139)

Reuters
2025/09/27
SOS Ltd. Reports 30% Revenue Increase to $89.6 Million for H1 2025; Net Loss Widens to $14.2 Million, Basic EPS at $(0.0139)

SOS Ltd. reported its financial results for the six months ended June 30, 2025. Total revenue reached $89.6 million, up 30.3% from the same period in 2024. The company's revenue was primarily driven by its Commodities Trading segment, which contributed $85 million, or 94.9% of total revenue. Hosting Services generated $3.9 million (4.3%), and the Others category, including legacy data mining activities, contributed $0.7 million (0.8%). The company reported a net loss attributable to ordinary shareholders of $14.2 million, compared to a net loss of $10.9 million for the same period in 2024. Gross margin for the period was -1.5%, attributed to a decline in the market prices of key products, including rubber and petroleum coke. The company sold off a backlog of low-quality petroleum coke at cost, and falling rubber spot prices led to a loss of over $1.6 million. SOS Ltd. stated that it is prioritizing market share over immediate profitability for certain products, offering competitive pricing with thin or negative margins to support future business expansion. Corporate income tax paid during the period was $3,000, compared to none in the prior-year period. The company's current product and service focus remains on Commodities Trading, Hosting Service, and a small portion from legacy data mining, which was disposed of in 2022.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SOS Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN84180) on September 26, 2025, and is solely responsible for the information contained therein.

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