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OSL Group Reports 58% Revenue Growth Amid Expansion-Driven Losses
OSL Group Reports 58% Revenue Growth Amid Expansion-Driven Losses
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BTCCSquare news:
Hong Kong's OSL Group posted a 58% year-on-year revenue surge to HK$195.4 million ($25.1 million) in H1 2025, even as operating losses more than doubled. The digital asset platform's aggressive global expansion—including acquisitions of Japan's CoinBest and a stake in Indonesia's Evergreen Crest—drove both top-line growth and a widened HK$20.3 million operating loss.
OSL Pay emerged as a key revenue contributor, generating 29% of total income since its April launch. The firm's headcount ballooned from 167 to 568 employees within a year, accounting for much of the increased costs. A recent $300 million capital raise positions the company for further international scaling.
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