Ten Holdings Inc. Reports 9.1% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue, Operating Expenses Rise 73% Due to Public Company Costs
TEN Holdings, Inc. (Nasdaq: XHLD) reported its financial results for the second quarter ending June 30, 2025. The company achieved a revenue of $1.116 million, marking a 9.1% increase from the $1.023 million reported for the same period in 2024. This growth was primarily attributed to strategic improvements and an enhanced sales infrastructure. Net cash used in operating activities saw a significant increase to $7.577 million from $1.007 million in the prior year, largely due to a $3.5 million non-cash expense related to stock options. Cash and cash equivalents rose substantially to $739,000 as of June 30, 2025, compared to $48,000 at the end of 2024. The company invested $529,000 in capitalized internal-use software, slightly down from $541,000 in the same quarter of the previous year. Looking ahead, TEN Holdings aims to expand its market presence, advance its offerings, and deepen customer relationships. Despite an increase in operating expenses due to public company costs, the company believes these investments will support sustained growth and enhance transparency.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ten Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY51379) on August 14, 2025, and is solely responsible for the information contained therein.
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