OBOOK Holdings Inc. announced unaudited financial results for the first half of 2025, showing revenue of US$3.84 million, up from US$3.61 million in the same period in 2024. The company highlighted progress in completing core global payment infrastructure and preparing for stablecoin payment activation in 2026.

The company’s revenue growth in the first half of 2025 was driven by a 16% increase in payment services revenue, reaching US$2.17 million. Gross Payment Volume exceeded US$110 million, with over 4,100 active accounts. OwlNest revenue also grew approximately 20%, reflecting sustained demand for hospitality and merchant services.

Operating expenses in the first half of 2025 totaled US$6.79 million, up from US$4.71 million in the same period in 2024. Marketing and sales expenses decreased by 21.2%, while general and administrative expenses increased due to legal, audit, and professional services fees related to the U.S. public listing.

Net loss narrowed by 27% to US$3.91 million in the first half of 2025 from US$5.35 million in the same period last year. The reduction was primarily due to increased revenue and reduced marketing and sales spend. Operating cash outflows improved to US$1.29 million, down from US$4.45 million in the same period in 2024.

The company announced a share repurchase program of up to US$10 million of its Class A common stock. The program, effective for nine months, aims to provide flexibility in capital allocation as the company executes its long-term infrastructure strategy and evaluates near-term catalysts in its payment technology pipeline.

OBOOK Holdings Inc. completed a direct listing of its Class A common shares on the Nasdaq Global Market under the ticker symbol “OWLS.” The company also expanded its regulatory footprint with money transmitter licenses in Washington, Kansas, North Carolina, and New Mexico, enhancing its U.S. operations.

OwlTing integrated its OwlPay platform into the Circle Payments Network, enabling compliant stablecoin transactions across high-value corridors. The company also collaborated with Visa to launch OwlPay Cash, a mobile-first remittance application for cross-border money transfers, targeting key remittance corridors worldwide.

Read more at GlobeNewswire: OBOOK Holdings Inc. Announces Unaudited Financial Results