VS Media Holdings Limited Q2 2025 Financial Results
VS Media Holdings Limited reported its unaudited financial results for the six months ended June 30, 2025. The company recorded a net loss of $4,444,519, an increase of 33.13% compared to the same period in 2024. Total revenue decreased by 19.01% to $3,259,037, primarily due to declines in Optimization-Based Marketing Services, Marketing Services from Social Media Platforms, and Social Commerce. Gross profit increased by 44.34% to $884,220, driven by the absence of a gross loss margin from Social Commerce. Operating expenses rose by 42.20% to $5,099,095, mainly due to increased marketing and administrative costs. The company's current assets increased by 90.92% to $9,096,228, while current liabilities decreased by 5.70% to $5,373,276. VS Media also entered into a Convertible Note Purchase Agreement with S T Meng Pte Ltd. for $3,800,000.