Obook Holdings Inc. $(OWLS)$ reported its unaudited financial results for the first half of 2025. Revenue from hospitality services reached USD 1.39 million in the half-year period, primarily supported by continued growth in hospitality-related software services, notably subscription fees from the OwlNest property management system. Revenue from the e-commerce platform was USD 288 thousand for the same period, reflecting a strategic shift in focus toward the company’s payment infrastructure platform. The company highlighted the near completion of its core global payment infrastructure, with enterprise-scale stablecoin payment activation expected to begin in 2026. Obook Holdings remains focused on disciplined cost control and investment in scalability and compliance, with management indicating expectations for improved economics as infrastructure utilization increases.

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