Zeta Network Group reports $8.7 million revenue and $249,000 gross loss for fiscal 2025
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Zeta Network Group reported $8.7 million in revenue for fiscal 2025, a significant increase from $2.8 million in 2024. However, the company faced a gross loss of $249,000, down from a gross profit of $800,000 the previous year. Total selling, general, and administrative expenses were $5.2 million, with an allowance for credit losses of $1.1 million. The company also reported a $10.5 million impairment loss on prepayments. Net cash used in operations was $8.3 million, while financing activities provided $12.8 million. Zeta continued developing its Bitcoin-centric platform and launched Color World globally.
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