- SOS Limited reported **net revenue of $89.6 million** for the six months ended June 30, 2025, representing a **48.1% increase** compared to the same period in 2024, with **Commodities Trading contributing 94.9%** of the total revenue.  **[1346610_20250926CN84180:0]** 
- The company recorded a **gross loss of $1.3 million** (gross profit ratio of **-1.5%**) and a **GAAP net loss of $14.2 million** for the six months ended June 30, 2025, primarily due to a decline in key product prices and a strategy to prioritize market share.  **[1346610_20250926CN84180:0]** **[1346610_20250926CN84180:1]** 
- Cash and cash equivalents decreased significantly to **$4.2 million** as of June 30, 2025, largely due to a **strategic $228.4 million prepayment** for the accelerated development of its proprietary blockchain commodity trading platform.  **[1346610_20250926CN84180:2]** 
- SOS Limited strategically **halted internal Bitcoin mining operations** to focus on expanding third-party mining hosting services and raised **$6.8 million** through a registered direct offering during the period.  **[1346610_20250926CN84180:0]** **[1346610_20250926CN84180:2]**

SOS Limited Reports Semi-Annual 2025 Financial Results

- SOS Limited reported a **48.1% increase in revenue** to **$89.6 million** for the six months ended June 30, 2025, primarily driven by commodities trading, while experiencing a **net loss of $14.2 million**.  **[1346610_0001213900-25-092324_ea025816701ex99-1_sosltd.htm:0]** **[1346610_0001213900-25-092324_ea025816701ex99-2_sosltd.htm:2]** 
- The company's gross profit turned into a **loss of $(1.309) million**, resulting in a **(1.5%) gross profit ratio** for the six months ended June 30, 2025, largely due to declining market prices for key commodities and strategic pricing decisions.  **[1346610_0001213900-25-092324_ea025816701ex99-1_sosltd.htm:0]** **[1346610_0001213900-25-092324_ea025816701ex99-2_sosltd.htm:2]** 
- SOS Limited strategically **shut down internal Bitcoin mining operations** to focus on expanding third-party mining hosting services and made a **$228.4 million prepayment** for a proprietary blockchain commodity trading platform, leading to a significant decrease in cash and cash equivalents to **$4.2 million** as of June 30, 2025.  **[1346610_0001213900-25-092324_ea025816701ex99-2_sosltd.htm:2]** **[1346610_0001213900-25-092324_ea025816701ex99-2_sosltd.htm:3]** 
- Subsequent to the reporting period, the company raised **$6.8 million** through a registered direct offering and completed a **direct listing on NYSE** on September 8, 2025.  **[1346610_0001213900-25-092324_ea025816701ex99-1_sosltd.htm:1]** **[1346610_0001213900-25-092324_ea025816701ex99-2_sosltd.htm:3]** **[1346610_0001213900-25-092324_ea025816701ex99-2_sosltd.htm:4]**

SOS (SOS)