Ten Holdings 2025 Q2 Earnings Deepened Losses Despite Revenue Growth

Ten Holdings (XHLD) reported fiscal 2025 Q2 earnings on August 14, 2025. The company’s results fell short of profitability expectations, with widened losses despite a notable increase in revenue. This highlights continued challenges in converting top-line growth into bottom-line gains.

Revenue
Ten Holdings reported a 9.1% year-over-year increase in total revenue, reaching $1.12 million in Q2 2025, up from $1.02 million in Q2 2024. The revenue was driven primarily by its virtual and hybrid event segment, which generated $855,000, while the physical events segment contributed $261,000. These figures reflect the company’s ongoing shift toward digital and hybrid formats, which offer greater scalability and cost efficiency.

Earnings/Net Income
Despite the revenue increase, Ten Holdings’ earnings performance deteriorated significantly. The company’s net loss expanded to $2.78 million in Q2 2025, a 562.9% increase from the $420,000 loss recorded in the same period of 2024. On a per-share basis, the loss widened to $0.13 from $0.02, representing a 550.0% increase. These results underscore the pressures from rising operating expenses and the challenges of achieving profitability in a competitive and evolving market.

Price Action
Following the earnings release, Ten Holdings’ stock experienced mixed short-term price movements. The stock dropped 7.69% during the latest trading day but rebounded with a 4.36% gain over the past week. However, it remains down 3.22% month-to-date, indicating continued investor skepticism despite the revenue growth.

Post-Earnings Price Action Review
The performance of a strategy to buy Ten Holdings shares following a quarter-over-quarter revenue increase on the earnings release date and hold for 30 days has been disastrous over the past three years, returning -92.38%. This underperformed the benchmark by 94.60%, highlighting the high volatility and risk associated with the stock. The strategy also recorded a maximum drawdown of 0.00% and a negative Sharpe ratio of -0.29, further emphasizing the need for robust risk management in such speculative trades.

CEO Commentary
CEO Randolph Wilson Jones III attributed the 9.1% year-over-year revenue growth to strategic initiatives including a restructured sales team and new leadership. He emphasized that increased operating expenses—primarily related to public company compliance and investor relations—were viewed as strategic investments in long-term growth and transparency. The CEO remains optimistic about expanding market presence, enhancing product innovation, and deepening customer relationships while maintaining a disciplined approach to profitability.

Guidance
Ten Holdings did not provide explicit numerical guidance or revenue targets for future periods. Instead, the company emphasized continued investment in market expansion, product development, and customer engagement. The focus remains on scaling operations efficiently while maintaining financial discipline to strengthen profitability and drive sustainable, scalable value creation.

Additional News
On August 15, 2025, the Punch newspaper reported significant news from Nigeria, including the arrest of two Nigerians in Lebanon for allegedly smuggling $500,000 worth of drugs, and the Kaduna State Government dismissing allegations of election sabotage from the ADC and SDP. Political developments also included the PDP’s formation of a 44-member zoning committee and calls for the loyalty of Rivers State Governor Wike. In business news, Nigerians are increasingly favoring Abu Dhabi and Dubai for capital protection, and Lafarge Africa announced the planting of one million trees in Ogun State.