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EarthLabs Reports Results for the Third Quarter of 2025
Newsfile· 2025-11-20 12:30
EarthLabs Reports Results for the Third Quarter of 2025November 20, 2025 7:30 AM EST | Source: EarthLabs Inc.Net investment gains of $23,138,120 for the quarter and $31,701,678 for the nine months ended September 30, 2025, from our investment portfolio, a 109.7% return on investments;55.8% increase in advertising and sponsorships revenue as compared to Q3 2024 with advertising and sponsorship revenue of $5,379,047 for the nine months period ended September 30, 2025 (26.1% increase);Ended the q ...
EarthLabs Reports Results for the Second Quarter of 2025
Newsfile· 2025-08-21 12:00
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].