TROOPS, Inc. 2025 Unaudited Interim Financial Results

TROOPS, Inc. announced its unaudited financial and operating results for the six months ended June 30, 2025. The company reported revenues of $7.62 million, a significant increase of 192.1% compared to $2.61 million in the same period of 2024. This growth was driven by various business segments, including consultancy services for insurance products, which contributed $5.40 million, and property lease and management, which generated $0.60 million. Despite the revenue increase, the company reported a net loss of $0.97 million, an improvement from the $1.36 million loss in 2024. The cost of revenues also rose by 239.7% to $6.49 million, in line with the revenue growth. General and administrative expenses increased slightly by 8.1% to $2.36 million, primarily due to higher salaries and staff welfare costs. The company’s financial position remains stable, with total assets increasing to $88.39 million from $79.19 million at the end of 2024.