Minim(US:MINM)2025-11-12 21:10Financial Performance - Net sales for the third quarter ended September 30, 2025, were $1,939,542, a significant increase from $44,993 for the previous quarter[4] - Net sales for the nine months ended September 30, 2025, were $1,984,660, representing a 210% increase year-over-year from $639,893 in the same period of fiscal year 2024[5] - Gross profit for the nine months ended September 30, 2025, was $1,648,241, a significant increase from $207,259 in the same period of 2024, resulting in a gross margin of 83%[7] - Net loss for the three months ended September 30, 2025, was $252,985, a significant decrease from the net loss of $625,067 for the same period in 2024[4] - Net cash provided by operating activities reached $2,478,829 during the nine months ended September 30, 2025[4] - Operating expenses were $2,756,879, representing a decrease of 39.9% from $4,590,491 in the same period of 2024[8] - Research and development expenses were $47,419, representing a decrease of 58.1% from $113,294 in the same period of 2024[13] Customer Growth - The company onboarded 528 customers for its SaaS service as of September 30, 2025, compared to 245 customers as of June 30, 2025[4] Strategic Initiatives - The company plans to continue investing in R&D to enhance customer experience and deliver brand values across the digital content space[3] - The company successfully participated in the Osaka World Expo, attracting many international visitors and engaging with top global innovators[3]