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Eightco Holdings Q2 rev. up 43% to $7.6 mln, net loss $1.2 mln.
ByAinvest
Wednesday, Aug 20, 2025 8:04 am ET1min read
• Eightco Holdings reports Q2 2025 revenues of $7.6mln, up from $5.3mln in 2024. • Gross profit increased to $1.2mln, while operating loss was $1.2mln. • Net loss for Q2 2025 was $1.2mln, compared to net income of $4.4mln in 2024. • First six months of 2025 saw revenues of $17.5mln, up from $13.2mln in 2024. • Net loss for the first six months of 2025 was $3.7mln, compared to net income of $6.4mln in 2024.
Eightco Holdings Inc. (NASDAQ: OCTO) has announced its financial results for the second quarter of 2025, revealing a mixed performance compared to the same period last year. The company reported revenues of $7.6 million, up from $5.3 million in Q2 2024, representing a 43.4% increase. However, gross profit decreased to $1.2 million from $1.3 million, and the operating loss increased to $1.2 million from $0.9 million [1].The net loss for Q2 2025 was $1.2 million, compared to net income of $4.4 million in the same period last year. This net loss of $1.2 million per share was a significant drop from the $2.15 per diluted share reported in Q2 2024. The first six months of 2025 saw revenues of $17.5 million, up from $13.2 million in the same period last year, a 32.1% increase. However, the net loss for the first half of 2025 was $3.7 million, compared to net income of $6.4 million in the first half of 2024 [2].
The company's cash and cash equivalents increased to $696,252 as of June 30, 2025, up from $239,187 at December 31, 2024. Total assets decreased to $48.68 million from $50.85 million, while total liabilities increased to $40.18 million [3].
Eightco Holdings is committed to the growth of its subsidiaries, Forever 8 and Ferguson Containers, through strategic management and investment. The company is also actively seeking new opportunities to expand its portfolio of technology solutions focused on the e-commerce ecosystem. Despite the mixed financial results, Eightco remains focused on creating significant value and growth for its portfolio companies and stockholders.
References:
[1] https://www.globenewswire.com/news-release/2025/08/20/3136357/0/en/Eightco-Announces-Second-Quarter-2025-Financial-Results.html
[2] https://finance.yahoo.com/news/eightco-announces-second-quarter-2025-120000734.html
[3] https://www.reddit.com/r/SECFilingsAI/comments/1mutwdz/eightco_holdings_inc_quarterly_report_released/
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