Eightco | 10-Q: FY2025 Q3 Revenue: USD 5.301 M

Revenue: As of FY2025 Q3, the actual value is USD 5.301 M.

EPS: As of FY2025 Q3, the actual value is USD -0.58.

EBIT: As of FY2025 Q3, the actual value is USD -5.103 M.

Inventory Management Solutions

• Revenues: $5,300,527 for the three months ended September 30, 2025, compared to $6,056,046 for the same period in 2024, a decrease of 12.48%.
• Cost of Revenues: $5,496,377 for the three months ended September 30, 2025, compared to $4,451,185 for the same period in 2024, an increase of 23.49%.
• Gross Profit: Loss of $195,850 for the three months ended September 30, 2025, compared to a profit of $1,604,861 for the same period in 2024.
• Operating Loss: $6,198,058 for the three months ended September 30, 2025, compared to $1,759,932 for the same period in 2024.

Corporate

• Net Income (Loss) from Continuing Operations: Loss of $25,844,216 for the three months ended September 30, 2025, compared to a loss of $3,262,376 for the same period in 2024.
• Change in Fair Value of Digital Assets: Loss of $18,639,017 for the three months ended September 30, 2025.

Cash Flow

• Net Cash Used in Operating Activities: $1,279,248 for the nine months ended September 30, 2025.
• Net Cash Used in Investing Activities: $304,865,683 for the nine months ended September 30, 2025, primarily due to the purchase of digital assets.
• Net Cash Provided by Financing Activities: $329,618,207 for the nine months ended September 30, 2025, largely from PIPE and ATM transactions.

Future Outlook and Strategy

• Core Business Focus: The company continues to operate Forever 8 as its sole operating business, focusing on inventory funding and purchasing services for e-commerce retailers.
• Digital Asset Treasury Strategy: Adopted a strategy to hold digital assets, primarily Worldcoin, as part of a long-term treasury reserve framework, reflecting a dual-pillar model combining operating performance and long-term digital asset holdings.
• Capital Raising Activities: Raised $270 million through a private placement and additional proceeds through an ATM equity offering program to support the Digital Asset Treasury Strategy.