Blue Hat Interactive Entertainment Technology HY gross profit rises over 4.5 times to USD 4.9 million
Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) reported its unaudited financial results for the first half of 2025. Total revenues reached USD 13.33 million, up 1.90 percent for the period. The company recorded a gross profit of USD 4.87 million, representing a 3.5 times increase. Gross margin rose to 36.54 percent. Loss from operations decreased by 33.23 percent to USD 0.82 million, and net loss decreased by 33.95 percent to USD 0.86 million. As of June 30, 2025, Blue Hat held cash and cash equivalents of USD 1.07 million, working capital of USD 78.88 million, and total shareholders' equity of USD 81.47 million. During this period, Blue Hat shifted its commodity trading business from diamonds to gold, resulting in revenues from gold trading of USD 13.33 million, while diamond trading revenues were nil.
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