EarthLabs Reports Results for the Second Quarter of 2025
EarthLabs (OTCQX: SPOFF) has reported strong financial results for Q2 2025, marked by significant revenue growth and investment gains. The company achieved a 10.5% year-over-year increase in advertising revenue to $1.6 million and a 4.1% growth in subscription revenue to $312,928 for the quarter.
Notable highlights include net investment gains of $6.5 million for the quarter, contributing to a net income of $5.2 million ($0.04 per share), compared to a net loss of $2.0 million in Q2 2024. The company's strong financial position is reflected in its total cash, cash equivalents, and investments of $45.0 million, representing a 14.8% increase from December 2024.
[ "Net income of $5.2 million in Q2 2025, compared to a loss of $2.0 million in Q2 2024", "Advertising revenue increased 10.5% YoY to $1.6 million", "Net investment gains of $6.5 million, compared to losses of $427,144 in Q2 2024", "Total cash and investments grew 14.8% to $45.0 million from December 2024", "Subscription revenue up 4.1% YoY" ]EarthLabs (OTCQX: SPOFF) ha riportato risultati finanziari solidi nel secondo trimestre 2025, con una crescita significativa dei ricavi e utili da investimenti. I ricavi pubblicitari sono aumentati del 10,5% su base annua, raggiungendo 1,6 milioni di dollari, mentre gli abbonamenti sono cresciuti del 4,1% a 312.928 dollari nel trimestre.
Tra i punti salienti figurano utili netti da investimenti per 6,5 milioni di dollari, che hanno contribuito a un utile netto di 5,2 milioni di dollari (0,04 dollari per azione), rispetto a una perdita netta di 2,0 milioni nel Q2 2024. La posizione finanziaria 猫 rafforzata da cassa, equivalenti di cassa e investimenti per un totale di 45,0 milioni di dollari, in aumento del 14,8% rispetto a dicembre 2024.
- Utile netto di 5,2 milioni di dollari nel Q2 2025, rispetto a una perdita di 2,0 milioni nel Q2 2024
- I ricavi pubblicitari sono aumentati del 10,5% su base annua a 1,6 milioni di dollari
- Utili netti da investimenti per 6,5 milioni di dollari, rispetto a perdite di 427.144 dollari nel Q2 2024
- Cassa e investimenti totali cresciuti del 14,8% a 45,0 milioni di dollari rispetto a dicembre 2024
- Ricavi da abbonamenti in aumento del 4,1% su base annua
EarthLabs (OTCQX: SPOFF) present贸 s贸lidos resultados financieros en el segundo trimestre de 2025, con un notable crecimiento de ingresos y ganancias por inversiones. Los ingresos por publicidad aumentaron un 10,5% interanual, hasta 1,6 millones de d贸lares, y los ingresos por suscripciones crecieron un 4,1% hasta 312.928 d贸lares en el trimestre.
Entre los puntos destacados est谩n ganancias netas de inversiones por 6,5 millones de d贸lares, que contribuyeron a un beneficio neto de 5,2 millones de d贸lares (0,04 d贸lares por acci贸n), frente a una p茅rdida neta de 2,0 millones en el Q2 de 2024. La posici贸n financiera se refleja en efectivo, equivalentes de efectivo e inversiones por un total de 45,0 millones de d贸lares, un aumento del 14,8% respecto a diciembre de 2024.
- Beneficio neto de 5,2 millones de d贸lares en Q2 2025, frente a una p茅rdida de 2,0 millones en Q2 2024
- Ingresos por publicidad aumentaron 10,5% interanual a 1,6 millones de d贸lares
- Ganancias netas de inversiones de 6,5 millones de d贸lares, frente a p茅rdidas de 427.144 d贸lares en Q2 2024
- Efectivo e inversiones totales crecieron 14,8% hasta 45,0 millones de d贸lares desde diciembre de 2024
- Ingresos por suscripciones subieron 4,1% interanual
EarthLabs (OTCQX: SPOFF)電� 2025雲� 2攵勱赴鞐� 毵れ稖 靹膘灔瓿� 韴瀽鞚挫澋鞚� 霊愲摐霟 瓴“頃� 鞁れ爜鞚� 氤搓碃頄堨姷雼堧嫟. 甏戧碃 靾橃澋鞚� 鞝勲厔 霃欔赴 雽�牍� 10.5% 歃濌皜頃橃棳 160毵� 雼煬毳� 旮半頄堦碃, 甑弲 靾橃澋鞚� 攵勱赴 旮办鞙茧 4.1% 歃濌皜頃� 312,928雼煬毳� 雼劚頄堨姷雼堧嫟.
欤检殧 雮挫毄鞙茧電� 攵勱赴 霃欖晥 650毵� 雼煬鞚� 靾滍埇鞛愳澊鞚�鞚� 氚滌儩頃� 520毵� 雼煬(欤茧嫻 0.04雼煬)鞚� 靾滌澊鞚�鞚� 旮半頃� 鞝愳澊 鞛堨溂氅�, 鞚措姅 2024雲� 2攵勱赴 靾滌啇鞁� 200毵� 雼煬鞕� 雽�牍勲惄雼堧嫟. 霕愴暅 順勱笀, 順勱笀靹膘瀽靷� 氚� 韴瀽 鞛愳偘 齑濎暋鞚� 4,500毵� 雼煬搿� 2024雲� 12鞗� 雽�牍� 14.8% 歃濌皜頃� 鞛 瓯挫爠靹膘澊 臧曧檾霅橃棃鞀惦媹雼�.
- 2025雲� Q2 靾滌澊鞚� 520毵� 雼煬, 2024雲� Q2鞚� 200毵� 雼煬 靻愳嫟 雽�牍� 臧滌劆
- 甏戧碃 靾橃澋 鞝勲厔 雽�牍� 10.5% 歃濌皜, 160毵� 雼煬
- 靾滍埇鞛愳澊鞚� 650毵� 雼煬, 2024雲� Q2鞚� 427,144雼煬 靻愳嫟瓿� 雽�臁�
- 順勱笀 氚� 韴瀽 鞛愳偘 齑濎暋鞚� 2024雲� 12鞗� 雽�牍� 14.8% 歃濌皜頃橃棳 4,500毵� 雼煬
- 甑弲 靾橃澋 鞝勲厔 雽�牍� 4.1% 歃濌皜
EarthLabs (OTCQX: SPOFF) a publi茅 de solides r茅sultats financiers pour le deuxi猫me trimestre 2025, marqu茅s par une forte croissance des revenus et des gains d'investissement. Les revenus publicitaires ont augment茅 de 10,5% en glissement annuel, atteignant 1,6 million de dollars, et les revenus d'abonnement ont progress茅 de 4,1% 脿 312 928 dollars pour le trimestre.
Parmi les faits saillants figurent des gains nets sur investissements de 6,5 millions de dollars, contribuant 脿 un b茅n茅fice net de 5,2 millions de dollars (0,04 dollar par action), contre une perte nette de 2,0 millions au T2 2024. La solidit茅 financi猫re se refl猫te dans des liquidit茅s, 茅quivalents de tr茅sorerie et investissements totalisant 45,0 millions de dollars, en hausse de 14,8% par rapport 脿 d茅cembre 2024.
- B茅n茅fice net de 5,2 millions de dollars au T2 2025, contre une perte de 2,0 millions au T2 2024
- Revenus publicitaires en hausse de 10,5% en glissement annuel 脿 1,6 million de dollars
- Gains nets sur investissements de 6,5 millions de dollars, contre des pertes de 427 144 dollars au T2 2024
- Liquidit茅s et investissements totaux en hausse de 14,8% 脿 45,0 millions de dollars depuis d茅cembre 2024
- Revenus d'abonnement en hausse de 4,1% en glissement annuel
EarthLabs (OTCQX: SPOFF) hat im zweiten Quartal 2025 starke Finanzergebnisse vorgelegt, gepr盲gt von erheblichem Umsatzwachstum und Anlagegewinnen. Die Werbeeinnahmen stiegen um 10,5% im Jahresvergleich auf 1,6 Millionen US-Dollar, w盲hrend die Abonnementerl枚se im Quartal um 4,1% auf 312.928 US-Dollar zulegten.
Zu den Highlights z盲hlen Nettoanlagegewinne von 6,5 Millionen US-Dollar, die zu einem Nettoergebnis von 5,2 Millionen US-Dollar (0,04 US-Dollar je Aktie) f眉hrten, verglichen mit einem Nettoverlust von 2,0 Millionen im Q2 2024. Die starke Finanzlage zeigt sich in Bargeld, Zahlungsmitteln und Anlagen in H枚he von 45,0 Millionen US-Dollar, ein Anstieg um 14,8% gegen眉ber Dezember 2024.
- Nettoergebnis von 5,2 Millionen US-Dollar im Q2 2025, gegen眉ber einem Verlust von 2,0 Millionen im Q2 2024
- Werbeeinnahmen stiegen 10,5% YoY auf 1,6 Millionen US-Dollar
- Nettoanlagegewinne von 6,5 Millionen US-Dollar, gegen眉ber Verlusten von 427.144 US-Dollar im Q2 2024
- Gesamtbestand an Bargeld und Anlagen stieg um 14,8% auf 45,0 Millionen US-Dollar gegen眉ber Dezember 2024
- Abonnementerl枚se stiegen 4,1% YoY
- None.
- Operating expenses increased 9.2% YoY to $2.9 million
- Sales of exploration maps declined from $40,378 to $34,684 YoY
- Advertising revenue up
10.5% for the quarter YoY to$1.6 million and up11.5% to$3.2 million for the six months ended June 30, 2025. - Subscription revenue increased
4.1% for the quarter YoY and up3.2% to$624,020 for the six months ended June 30, 2025. - Net investment gains of
$6.5 million for the quarter and$8.6 million for the six months ended June 30, 2025, from our investment portfolio. - Ended the quarter with total cash, cash equivalents, and investments of
$45.0 million .
Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) ("EarthLabs" or the "Company") is pleased to announce the unaudited consolidated financial results for three and six months ended June 30, 2025 of the Company (the "Financial Results").
Highlights for the three-months period ended June 30, 2025:
- Advertising revenue of
$1,596,690 as compared to$1,444,784 for the three months ended June 30, 2024, an increase of10.5% ; - Subscription revenue of
$312,928 as compared to$300,734 for the three months ended June 30, 2024, an increase of4.1% ; - Net investment gains of
$6,541,465 from our investment portfolio as compared to Net investment losses of$427,144 for the three months ended June 30, 2024; - Net income and comprehensive income of
$5,215,580 (basic earnings per share of$0.04) as compared to net loss and comprehensive loss of$1,962,457 (basic loss per share of$0.01) for the three months ended June 30, 2024.
Highlights for the six-months period ended June 30, 2025:
- Completed the six-month period with total cash and cash equivalents, due from brokers, investments and equity investments of
$45,046,593 as compared to$39,234,437 , an increase of14.8% , as at December 31, 2024; - Advertising revenue of
$3,189,255 as compared to$2,860,470 for the six months ended June 30, 2024, an increase of11.5% ; - Subscription revenue of
$624,020 as compared to$604,607 for the six months ended June 30, 2024, an increase of3.2% ; - Net investment gains of
$8,563,558 from our investment portfolio as compared to$2,883,228 for the six months ended June 30, 2024; - Net income and comprehensive income of
$5,437,554 (basic earnings per share of$0.04) as compared to Net loss and comprehensive loss of$356,571 (basic loss per share of$0.00) for the six months ended June 30, 2024.
"We are encouraged by our financial performance this quarter, highlighted by a
Summary of financial results
The following are selected interim condensed consolidated financial results as at and for the three and six ended June 30, 2025, with comparatives:
| Interim condensed consolidated statements of income (loss) and comprehensive income (loss) highlights | Three months ended June 30, | Six months ended June 30, | |||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||
| Advertising revenue | $ | 1,596,690 | $ | 1,444,784 | $ | 3,189,255 | $ | 2,860,470 | |||||
| Subscriptions revenue | 312,928 | 300,734 | 624,020 | 604,607 | |||||||||
| Sales of exploration maps | 34,684 | 40,378 | 76,612 | 105,081 | |||||||||
| Net investment gains (losses) | 6,541,465 | (427,144 | ) | 8,563,558 | 2,883,228 | ||||||||
| Other income | 179,086 | 198,982 | 579,759 | 477,228 | |||||||||
| Operating, general and administrative | (2,936,508 | ) | (2,689,917 | ) | (6,172,273 | ) | (5,323,266 | ) | |||||
| Research and development expenses | (438,484 | ) | (870,219 | ) | (1,297,745 | ) | (1,590,005 | ) | |||||
| Total expenses | (3,406,029 | ) | (3,596,811 | ) | (7,532,793 | ) | (6,987,057 | ) | |||||
| Loss from equity investment | (5,920 | ) | (1,671 | ) | (20,148 | ) | (16,511 | ) | |||||
| Income tax recovery (expense) | (37,324 | ) | 78,291 | (42,709 | ) | (283,617 | ) | ||||||
| Net income (loss) and comprehensive income (loss) for the period | 5,215,580 | (1,962,457 | ) | 5,437,554 | (356,571 | ) | |||||||
| Earnings (loss) per common share for the period – basic | 0.04 | (0.01 | ) | 0.04 | (0.00 | ) | |||||||
| Earnings (loss) per common share for the period – diluted | 0.04 | (0.01 | ) | 0.04 | (0.00 | ) | |||||||
| Interim condensed consolidated statements of financial position highlights | June 30, 2025 | December 31, 2024 | ||||
| Cash and cash equivalents | $ | 5,199,600 | $ | 4,122,474 | ||
| Due from brokers | 1,886,015 | 416,907 | ||||
| Accounts receivable, net of expected credit losses | 309,098 | 519,491 | ||||
| Investments, at fair value | 36,198,498 | 32,912,428 | ||||
| Equity investment | 1,762,480 | 1,782,628 | ||||
| Income tax receivable | - | 268,362 | ||||
| Right-of-use assets, net | 903,141 | 992,417 | ||||
| Intangible Assets | 2,766,333 | 2,826,438 | ||||
| Goodwill | 624,290 | 624,290 | ||||
| Total assets | 50,145,577 | 44,930,710 | ||||
| Accounts payable and accrued liabilities | 1,041,746 | 1,697,947 | ||||
| Deferred revenue | 3,800,468 | 3,452,044 | ||||
| Total promissory note | 753,208 | 726,458 | ||||
| Total lease liabilities | 962,764 | 1,031,645 | ||||
| Total liabilities | 6,670,750 | 7,105,575 | ||||
| Share capital, contributed surplus, and warrants | 52,787,281 | 52,575,143 | ||||
| Deficit | (9,312,454 | ) | (14,750,008 | ) |
The Northern Miner has launched "The Great Canadian Treasure Hunt," a coast-to-coast challenge inviting Canadians to explore the nation's rich mining heritage through monthly poetic riddles and clues. Participants can win a grand prize of
*18+. No purchase necessary. Open to residents of Canada only. All prize valuations are in Canadian dollars (CAD) and based on the spot gold prices as of May 28, 2025, and may fluctuate with market prices. Full contest rules, eligibility criteria, and redemption process available at .
About EarthLabs Inc.
EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) is a mining investment, technology, and media company that aims to provide strategic leverage to the metals and mining sector through investments, royalties and a full suite of data-driven media SaaS tools and services including CEO.CA, The Northern Miner, MINING.COM, Canadian Mining Journal and DigiGeoData.
For further information please contact:
Denis Laviolette
Executive Chairman and CEO
EarthLabs Inc.
Tel: 647-345-7720
Email: [email protected]
Neither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement on Forward-Looking Information
Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements. Often, but not always, these forward looking statements can be identified by the use of words such as "estimate", "estimates", "estimated", "potential", "open", "future", "assumed", "projected", "used", "detailed", "has been", "gain", "upgraded", "offset", "limited", "contained", "reflecting", "containing", "remaining", "to be", "periodically", or statements that events, "could" or "should" occur or be achieved and similar expressions, including negative variations.
Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, risks detailed from time to time in the Company's filings with securities regulators and available under the Company's profile on SEDAR+ at . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.
To view the source version of this press release, please visit
FAQ
What were EarthLabs (SPOFF) earnings per share in Q2 2025?
How much did EarthLabs' advertising revenue grow in Q2 2025?
What was EarthLabs' total cash and investment position as of Q2 2025?
How much were EarthLabs' net investment gains in Q2 2025?
What was EarthLabs' subscription revenue performance in Q2 2025?
