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Almonty Industries Reports First Quarter 2025 Financial Results

  • KULR Technology Group announced its financial performance for the quarter concluding at the end of March 2025, highlighting revenue growth and updates on its operations.
  • The results followed increased investments in research, development, and expanding strategic partnerships in robotics, space, and Bitcoin treasury activities.
  • KULR raised revenue 40% year-over-year to $2.45 million, with product sales growing 88.7%, despite gross margin declining from 29% to 8%.
  • KULR has expanded its Bitcoin Treasury to a total of 716 BTC, investing $69 million in cumulative Bitcoin purchases at a weighted price of approximately $94,400 per Bitcoin, and secured a $6.7 million grant from the Texas Space Commission.
  • The company recorded a net loss of $18.81 million driven by higher SG&A and R&D expenses and a mark-to-market impact on its Bitcoin holdings compared to end-2024.
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Mount Logan Capital Inc. Announces First Quarter 2025 Financial Results

Declared quarterly distribution of C$0.02 per common share in the second quarter of 2025, the twenty-third consecutive quarter of a shareholder distribution

·Caledon, Canada
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Inside Halton broke the news in Halton Hills, Canada on Thursday, May 15, 2025.
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