SG Holdings Q2 2025 Earnings Report: Mixed Results Amidst Challenging Environment

SG Holdings Co reported a 9.8% increase in Q2 2025 operating revenues to 367,404 million yen. However, operating income, ordinary income, and net income declined by 10.5%, 8.2%, and 18.2% respectively. The delivery business saw a slight revenue increase but a drop in operating income, while the logistics business benefited from the consolidation of Meito Transportation Co. The global logistics segment maintained stability, and the real estate business remained steady. The company's financial position was impacted by the acquisition of Morrison Express Worldwide Corporation, leading to an increase in total assets and liabilities.

OTC Markets Group Inc. (OTCQX: OTCM) reported robust financial performance for the second quarter of 2025, with significant growth in key revenue streams and operating income. The company's gross revenues reached $30.5 million, marking an 11% increase over the prior year quarter. This growth was driven by strong performance across its OTC Link, Market Data Licensing, and Corporate Services businesses.

Revenues from OTC Link, the company's Alternative Trading Systems (ATSs), grew by 19% to $6.447 million. This was largely due to a 40% increase in transaction-based revenues, driven by higher trading volumes on OTC Link ECN and OTC Link NQB. Market Data Licensing revenues also increased by 14% to $12.316 million, reflecting price increases and subscriber growth. Corporate Services revenues grew by 3% to $11.742 million.

Operating income and net income both increased by 8% to $8.8 million and $7.3 million, respectively. This growth was partially offset by a 6% increase in compensation and benefits, a 21% increase in professional and consulting fees, and a 12% increase in IT infrastructure and information services. The company's operating profit margin remained strong at 29.9%.

The company also announced a quarterly cash dividend of $0.18 per share, payable on September 18, 2025, to stockholders of record on September 4, 2025. Additionally, the company's stock repurchase program was refreshed, authorizing the purchase of up to 300,000 shares of Class A Common Stock.

OTC Markets Group's financial performance highlights the company's ability to generate growth across its various business segments and maintain a strong financial position. The company's focus on digital investor relations and expanding its markets is likely to continue driving growth in the future.

References:
[1] https://www.globenewswire.com/news-release/2025/08/06/3128765/0/en/OTC-Markets-Group-Reports-Second-Quarter-2025-Financial-Results-Delivering-Revenue-Operating-Income-and-Earnings-Growth.html