EarthLabs Reports Results for the Second Quarter of 2025

Core Insights - EarthLabs Inc. reported a strong financial performance for the second quarter of 2025, with notable increases in both advertising and subscription revenues, alongside significant net investment gains [5][8]. Financial Performance Highlights - For the three-month period ended June 30, 2025, advertising revenue increased by 10.5% year-over-year to $1.6 million, while subscription revenue grew by 4.1% to $312,928 [8][9]. - For the six-month period ended June 30, 2025, advertising revenue rose by 11.5% to $3.2 million, and subscription revenue increased by 3.2% to $624,020 [8][9]. - The company achieved net investment gains of $6.5 million for the quarter and $8.6 million for the six months, a significant improvement compared to previous losses [5][8][9]. - EarthLabs reported net income of $5.2 million, or $0.04 per share, for the quarter, contrasting with a net loss of $1.96 million in the same period last year [5][9]. Balance Sheet and Cash Position - As of June 30, 2025, EarthLabs had total cash, cash equivalents, and investments amounting to $45.0 million, reflecting a 14.8% increase from $39.2 million at the end of 2024 [8][9]. - Total assets reached $50.1 million, up from $44.9 million at the end of 2024, indicating a solid financial position [9].