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NusaTrip Inc (Nasdaq: NUTR) Reports Breakout 2Q 2025 Financial Results; Recognizes 472% Year on Year Revenue Growth from 2Q 2024
Globenewswireยท 2025-09-03 12:00
Core Viewpoint - NusaTrip Inc has reported significant financial growth in 2Q 2025, indicating a strong recovery and expansion in its operations within the Southeast Asia and Asia-Pacific travel markets [2][4]. Financial Performance - 2Q 2025 revenues increased by 472% year on year, rising from $173,500 in 2Q 2024 to $993,041 in 2Q 2025 [2]. - Quarter on quarter, revenues grew by 251%, from $283,157 in 1Q 2025 to $993,041 in 2Q 2025 [2]. - The operating profit for 2Q 2025 reached $408,701, a turnaround from a loss of $436,611 in 2Q 2024 [2]. Capitalization and Growth Strategy - As of June 30, 2025, NusaTrip had $6.9 million in cash, positioning the company well for the completion of its new travel technology platform in 4Q 2025 and potential acquisitions in the SEA and APAC regions [3]. - The company has opened new offices in Beijing and Hong Kong during the second quarter of 2025, further expanding its operational footprint [3]. Strategic Focus - NusaTrip aims to continue its acquisition strategy, focusing on integrating offline travel agencies to enhance growth. The company has successfully acquired VLeisure and VIT in Vietnam and is looking to acquire additional travel agencies in various countries including China, Hong Kong, and the Philippines [5]. - The company is the first IATA-accredited online travel agent in Indonesia, providing access to a wide range of airline fares and inventories, which enhances its competitive position in the market [6].