Q2 2025

MoneyHero (MNY) reported a net income of US$0.2M in Q2 2025, a significant improvement from the previous year’s loss. Revenue was US$18.0M, down 13% YoY due to a strategic shift to higher-margin verticals, now comprising 27% of revenue. Adjusted EBITDA loss improved 79% YoY. Membership grew 33% to 8.6 million. MoneyHero anticipates Adjusted EBITDA profitability by late 2025, driven by AI implementation, improved revenue mix, and operational efficiencies. The company is scaling Insurance and Wealth segments for future growth.

JOYY Inc. reported Q2 2025 revenue of $507.8 million, a 2.7% increase QoQ. Non-livestreaming revenue, primarily BIGO Ads, grew 25.6% YoY, now comprising 26.1% of total revenue. Non-GAAP EBITDA rose 25.7% YoY to $48.2 million. The company reported a GAAP net profit of $60.8 million and non-GAAP net profit of $77.0 million. JOYY is committed to shareholder returns, deploying $135 million in dividends and buybacks in H1 2025, with a plan for further dividends and share repurchases.

Duluth Trading Company (DLTH) will release its Q2 2025 financial results before market open on September 4, 2025. A conference call and webcast will be held at 9:30 AM ET on the same day to discuss the results. Investors can access the call domestically at 1-844-875-6915 or internationally at 1-412-317-6711. A replay will be available until September 10, 2025, and the webcast can be accessed at ir.duluthtrading.com.

BingEx (FLX) reported Q2 2025 revenue of RMB1,024.6 million (US$143.0 million), down from RMB1,176.7 million YoY, due to market competition. However, gross profit margin improved to 12.0% from 10.8%. Net income was RMB53.5 million (US$7.5 million). The company fulfilled 64.8 million orders and repurchased approximately 0.8 million ADSs for US$2.6 million under its share repurchase program. They maintain a strong cash position of RMB827.8 million (US$115.6 million).

Snail, Inc. unexpectedly postponed its Q2 2025 earnings conference call, citing “scheduling conflicts.” Analysts speculate this could be due to a pending strategic partnership/acquisition or disappointing preliminary results. The postponement has negatively impacted Snail, Inc.’s stock, causing shares to dip in after-hours trading. Investors are awaiting a rescheduled date and further clarification, anticipating increased scrutiny of the Q2 results for insights into the company’s future.

Nano One Materials Corp. (NNOMF) reported Q2 2025 results with $23.2M net assets and $22.8M working capital. They secured $3.6M in government funding but reported a $2.8M net loss. Key developments include selection for the Arkansas Lithium Technology Accelerator (ALTA) program, recognition by the IEA as a top LFP innovator, and commencing trading on the U.S. OTCQB market. Approximately $25.0M in government program reimbursements remain to be claimed over the next two years.

B2Gold (BTG) reported strong Q2 2025 results, exceeding gold production expectations at 229,454 ounces. Cash operating costs were $745/oz, and a $0.02/share dividend was declared. Key achievements include the first gold pour at Goose Mine, positive Gramalote Project study ($941M NPV), Fekola underground mining approval, and Fekola’s 4 millionth ounce milestone achieved. A working capital deficit of $19M was noted, addressed post-quarter with credit facility drawdowns. 2025 production guidance remains at 970,000-1,075,000 ounces.

Consensus Cloud Solutions (CCSI) reported Q2 2025 results with revenue up 0.3% to $87.7 million, driven by 6.9% growth in its Corporate business. Net income was $20.8 million, with a 23.7% margin, while adjusted EBITDA reached $48.1 million (54.8% margin). Adjusted diluted EPS increased 2.1% to $1.46. The company generated $28.3 million in net cash from operating activities and $20.3 million in free cash flow. They also secured a $225 million credit facility and continued debt/stock repurchase programs with $57.9 million cash on hand.

Berkshire Hathaway Inc. (BRK.A; BRK.B) reported its Q2 and first-half 2025 results. Net earnings attributable to Berkshire shareholders were $12.37 billion for Q2 2025, compared to $30.35 billion in Q2 2024. First-half 2025 earnings were $16.97 billion, down from $43.05 billion in 2024. The results include investment gains/losses and, for the second quarter and first half of 2025, an other-than-temporary impairment of investment in Kraft Heinz. Further details are available in the company’s 10-Q filing.

Zhihu (NYSE: ZH; HKEX: 2390) will release its Q2 2025 financial results on August 27, 2025, before U.S. market opening. A conference call will follow at 7:00 A.M. ET, featuring a Q&A session. Participants must pre-register online to receive dial-in details. A live and archived webcast will be available on Zhihu’s investor relations website (https://ir.zhihu.com). Zhihu is a leading online content community in China.